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 IRS agents to target American taxpayers with the flood of new audits. They also unveiled plans to jack up burdensome and confusing reporting requirements for people using digital payments platforms like Venmo. They repeatedly delayed this plan and I have legislation, the Snoop act, to stop it permanently. (00:50–01:06)
CLAIM
Asserts that the Biden administration's $80 billion plan includes hiring 87,000 new IRS agents to increase audits on American taxpayers.
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.
