GOP congressman falsely claims Biden plans to target the poor with new tax plan

[turbinetree]

By Josh Israel -October 18, 2021 5:15 PM

Rep. Mike Bost's tweet about tax audits of the poor was based on evidence-free claims.

Rep. Mike Bost (R-IL) baselessly claimed Monday that President Joe Biden's proposed crackdown on rich tax cheats would mostly result in audits of poor people. But the entire point of Biden's proposal is to allow the Internal Revenue Service to better target rich evaders with audits.

"According to the Federalist, the IRS is 3 TIMES more likely to audit folks making under $25k than someone in the top 1% under Biden & Pelosi's plan," Bost tweeted. "I cosponsored the Protecting Financial Privacy Act to prohibit the IRS from imposing mandates like this."

Part of Biden's Build Back Better plan — which would invest $3.5 trillion in child care, health care, paid leave, free community college and pre-school, clean energy, and climate change infrastructure — would be funded by hiring more IRS agents and expanding the amount of information reported by banks. Experts say this could bring in more than $100 billion over a decade in funds owed but not paid to the IRS.

Published with permission of The American Independent Foundation.

https://americanindependent.com/gop-congressman-mike-bost-illinois-joe-biden-build-back-better-irs-audits-wealthy-tax-evaders/

Hey Bost isn't the The Federalist the same as the Federalist Society, you know the same dark money group that packed courts to just plain fuck over voters..........grr:

And then there is this...Rep Mike Bost....

https://2vmhfw1isbe32j3tgn3epw3x-wpengine.netdna-ssl.com/wp-content/uploads/2018/03/IL12-Mike-Bost-Swamp-Creature-Online.pdf

[lagomorph777]

1. Sorry, but Biden's Department of Treasury handed him this gift-wrapped delight.

This is exactly what we expected to happen.

[jimfields33]

2. I'm just glad they are revisiting the 600 dollar limit

They are discussing making it 10 grand and have a minimum income level to start. So glad they decided to redo it.

[MichMan]

3. If the intent is to only go after the rich, why a $600 threshold then?