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Politics : The Trump Presidency

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To: Thomas A Watson who wrote (301018)9/6/2024 11:28:49 AM
From: bustersmith2 Recommendations

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rdkflorida2
Wharf Rat

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>>>WOW 1.3 billion for a program the cost 35 Billion.<<<

Most start there morning with a cup of coffee...

Some start there morning proving daily what a low information voter is...

5 reasons why the Republican claim about 87,000 new IRS agents is an exaggeration


The 87,000 figure comes from a 2021 Treasury report that estimated the IRS could hire 86,852 full-time employees over the course of a decade with a nearly $80 billion investment – not solely enforcement agents.

And all those new employees can’t be hired overnight. The money will flow to the IRS over a 10-year period.

“The reality is the $80 billion boost would be spread throughout the agency, with money flowing to enforcement, taxpayer services, operations, and modernization,” wrote Janet Holtzblatt, a senior fellow at the Urban-Brookings Tax Policy Center.

The Inflation Reduction Act dictates that about $45.6 billion will go toward strengthening enforcement activities – including collecting taxes owed, providing legal support, conducting criminal investigations and providing digital asset monitoring. But the IRS has not specified how many auditors will be hired.

More than $25 billion is allocated to support IRS operations, including expenses like rent payments, printing, postage and telecommunications.

Nearly $4.8 billion can be used for modernizing the agency’s customer service technology, like developing a callback service.

Roughly $3 billion is allocated for taxpayer assistance, filing and account services.

Many new hires will be replacementsMany of the new hires will be replacing staff that the IRS has already lost or is expected to lose through attrition in coming years.

Last year, then-IRS Commissioner Charles Rettig told lawmakers that staffing has shrunk to 1970s levels and that the IRS would need to hire 52,000 people over the next six years just to maintain current staffing levels to replace those who retire or otherwise leave.

cnn.com
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