House Ways and Means Committee Chairman Jason Smith (R-Mo.) has criticized the IRS for failing to provide essential information in its much-anticipated report released on April 6.
The tax agency unveiled its strategic operating plan in the report, disclosing how it plans to use the $80 billion in new funding provided by the Democrats’ Inflation Reduction Act. The new cash infusion will be used to hire thousands of new employees, improve tax enforcement and customer service, and audit wealthy taxpayers and corporations.
“Americans are rightly concerned the IRS will use its $80 billion pay raise to go after the middle class, and today’s announcement does nothing to ease those concerns. The American people deserve to know how their hard-earned taxpayer dollars are being spent,” Smith said in a statement….