Free beta access. 50 free AI tokens each week. Optional top-ups available. See what is included
← SearchMichigan2023Disadvantage
Opening Word document…

Existing resources are sufficient for the IRS to combat climate change

Lobosco 22, CNN analyst (“The IRS is set to get billions for audit enforcement. Here’s what it means for taxpayers,” CNN, https://www.cnn.com/2022/08/11/politics/irs-inflation-act-funding-audit-enforcement/index.html)//BB

The Internal Revenue Service is finally about to get the additional funding its officials have long been waiting for. The Democrats’ Inflation Reduction Act calls for delivering nearly $80 billion to the IRS over 10 years. After months of negotiations over the sweeping spending package, the Senate passed the bill earlier this month, sending the legislation to the House for a vote before it reaches President Joe Biden’s desk. The funding would help support the work of the IRS – including but not limited to audits – and in turn, is expected to bring in more federal tax revenue to help offset the cost of the Democrats’ plan to lower prescription drug costs and combat climate change.

Sign in to recut, update, or save this card.