Still fresh in my mind. Joe was telling us that the IRS targets the rich millionaires. With the 87,000 agents they can target the billionaires. Well guess what? Again we were lied to. It’s mostly the middle class that they go after. Why would this change?
The Internal Revenue Service (IRS) is targeting low-wage working-class Americans, as well as those in the middle class, with audits while earners making a million or more annually are reviewed at a lower rate, a report detailing federal data reveals.
The data obtained by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University shows the odds of the IRS auditing a millionaire, in the traditional way carried out by revenue agents or tax auditors, was just 1.1 percent.