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nternal Revenue Service (IRS) officials audit returns of taxpayers making $25,000 or less at a much higher rate than for all other income earners, including those in the top 1 percent who President Joe Biden claims pay nothing, according to a nonprofit government watchdog.
“So far, it has completed 132,922 audits of these low-income wage earners with less than $25,000 in total gross receipts. This is up from 105,978 audits IRS had completed a year ago at the end of February 2021,” the Syracuse University-based Transactional Records Access Clearinghouse (TRAC) reports.
“If IRS continues at this same pace for the rest of this fiscal year, audit rates would inch up to 13.5 per 1,000 returns—slightly higher than the phenomenally high rates that occurred last year when IRS audited the poorest families claiming an anti-poverty earned income tax credit at five times the rate for everyone else,” TRAC said.
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