BEARING THE BURDEN: Middle-class Americans to face uptick in IRS audits under Dem inflation bill, analysis shows
The legislation doesn't explicitly guarantee that Americans making under $400,000 won't see tax increases under the IRS provision. The bill states that it is not "intended" to increase rates for taxpayers who aren't in the top 1% of earners.
Sen. Joe Manchin and Senate Majority Leader Chuck Schumer were the lead architects of the Inflation Reduction Act which passed the Senate on Sunday.
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