Despite its promises not to increase taxes on those making less than $400,000 a year, the Biden administration has undertaken an outright assault on taxpayers. The $400,000 pledge is detached from reality at best, with Reports showing that 63% of new audits have been on those earning less than $200,000 a year. This shouldn't surprise us. After all, the administration rammed through its $80 billion plan to hire 87,000 new IR's agents to target american taxpayers with the flood of new audits. (00:29–00:47)
CLAIM
Asserts that 63% of new IRS audits target individuals earning less than $200,000 annually.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.