September 28, 2022


Senate Democrats, in a party-line vote, rejected an amendment to the “Inflation Reduction Act” that would have barred Internal Revenue Service (IRS) funds from going after working and middle-class Americans with audits and tax hikes.

On Sunday, Senate Democrats passed the Lower Inflation Act, which includes $80 billion for the IRS to target mostly working and middle-class American households, squeezed by inflation, with more audits.

The Joint Committee on Taxation reported that 78 to 90 percent of taxpayer money collected through new audits and investigations as a result of the legislation would come from American households earning less than $200,000 a year. Meanwhile, just 4 to 9 percent are expected to come from households earning more than $500,000 a year.

Sen. Mike Crapo (R-ID) offers an amendment which would prohibit any of the new IRS funds from being used to target Americans making less than $400,000 a year. Crapo said the amendment ensured that President Joe Biden would not go broke his promise not to raise taxes on Americans earning less than $400,000 a year.

The amendment, however, was rejected by all Senate Democrats in a party-line vote. The passed legislation, by contrast, only indicates that Congress does not “intend” to raise taxes on households with annual incomes of less than $400,000.

The Inflation Reduction Act is an apparent violation of a promise Biden made to American taxpayers in his most recent State of the Union (SOTU) address in March.

“And under my plan, no one making less than $400,000 a year would pay an extra penny in new taxes. No one,” Biden said at the time.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.





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