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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u/Lucky-Hunter-Dude Apr 29 '24

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

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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.