Kevin Brady: “I include in the Record Page 16 of the Department of the Treasury's tax compliance plan, which shows the agency intends…”

“I include in the Record Page 16 of the Department of the Treasury's tax compliance plan, which shows the agency intends to hire 87,000 new IRS employees. Restoring IRS Resources The first step in the President's efforts to restore IRS enforcement capability is a sustained, multi-year commitment to rebuilding the IRS. This involves spending nearly $80 billion on IRS priorities over the course of the decade including hiring new specialized enforcement staff, modernizing antiquated information technology, and investing in meaningful taxpayer service--including the implementation of the newly expanded credits aimed at providing support to American families. Importantly, the additional resources will go toward enforcement against those with the highest incomes, and audit rates will not rise relative to recent years for those earning less than $400,000 in actual income. The President's proposal includes two components: a dedicated stream of mandatory funds ($72.5 billion over a decade) and a program integrity allocation ($6.7 billion over a decade). These mechanisms provide for a sustained, multi- year commitment to revitalizing the IRS that will give the agency the certainty it needs to rebuild. The IRS proposal includes year-by-year estimates of the additional resources that will be directed toward the agency as well as the specific activities that these resources would support.…”