GAO takes IRS Seriously

A GAO study finds that much, much less money will be forthcoming from the IRS expansion than the agency claims. It arrived at this figure by assuming that the agency was telling the truth about not going after Americans who make less than $400,000.

The agency meanwhile is maintaining that they will bring in far more than predicted, while maintaining a historic level of audits.

2 comments:

raven said...

Trying to squeeze blood from a stone may have adverse effects at a time when Americans are having a hard time affording food and gas.

Grim said...

One hopes.