Earlier this year, the IRS received a massive budget boost to the tune of $80 billion over the course of the next decade as part of the poorly-named Inflation Reduction Act (IRA). The majority of this enormous budget boost will go directly to the agency’s tax enforcement budget, which will increase by 69 percent over the next decade. But while Christmas came early for the IRS, the agency’s budget boost was justified by claims that have proven to be as hollow as they seemed when they were first made.
Read the full story here.