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InsiderOnline Blog: June 2013

Meanwhile at the IRS, Audits of Individuals Have Been Skyrocketing

You might expect that the Internal Revenue Service would target those with higher incomes for tax audits. But for the wealthiest Americans, the odds of being subject to an IRS audit have tripled under President Obama’s watch, notes Kevin Hassett:

The question, says Hassett, is whether the IRS was just using income to pick targets, or whether it was trying to audit Republicans:  “The IRS has enough audit detail in its databases to reveal such political bias if it exists, and one can expect a flurry of data requests to flow from congressional Republicans in coming months. The tea-party scandal may well be just the tip of the iceberg.” [American Enterprise Institute, June 3]

Posted on 06/07/13 02:21 PM by Alex Adrianson

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