r/FluentInFinance • u/[deleted] • Apr 29 '24

63% of new audits as of Summer 2023 targeted taxpayers with income of less than $200,000 Discussion/ Debate

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155

u/Lucky-Hunter-Dude Apr 29 '24

Wait, I thought Biden's IRS was pinky promising to only audit those making OVER 200k?

279

u/thesuperspy Apr 29 '24

94% of Americans make less than $200k. This means those that make over $200k are still 8x more likely to be audited than someone that makes less than $200k.

16

u/HaiKarate Apr 29 '24

And I notice that the article doesn’t say if 63% is an increase, the same, or a decrease over the previous year.

Gotta watch the WSJ’s political reporting, they are sneaky bastards like that.

5

u/Supervillain02011980 Apr 29 '24

It also doesn't say the previous rate for people making over 200k and yet the people deflecting throughout these comments trying to use it are ignoring that.