Adrian Smith: “I include in the Record a Republican Ways and Means Committee release explaining that Senate Democrats voted down an…”

“I include in the Record a Republican Ways and Means Committee release explaining that Senate Democrats voted down an amendment that would prevent increased audits on taxpayers making less than $400,000 a year and House Democrats refuse to take up a bill that would do the same. [From waysandmeans.house.gov, Aug. 17, 2022] Democrats Fail To Protect Middle Class From IRS Audits Democrats voted against guardrails that would have protected lower- and middle-income taxpayers from more audits as a result of supercharging the IRS with 87,000 new agents. Instead, they hope you'll just ``take their word for it'' that the IRS won't target American families who are living paycheck to paycheck. Various news outlets have circulated these claims as facts, but the bill text says otherwise, Reason Magazine's Matt Welch reports. Democrats claim they won't target lower- and middle- income earners with their expansion of the IRS by 87,000 agents . . . ``. . . top Democrats have been busy escalating their already implausible claims that goosing the IRS enforcement budget by 69 percent over a decade, hiring 87,000 additional new staffers at an agency that currently employs 79,000, and nabbing an estimated extra $124 billion in tax revenue will miraculously not bring any percentage increase in audits performed on Americans earning less than $400,000 a year.'' . . . but the nonpartisan Congressional Budget Office predicts boosted IRS funding will increase audits for all taxpayers . . .…”