By Josh Kelety and Ali Swenson, The Associated Press Republican politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The “ Inflation Reduction Act,” which awaits a House vote after passing in the Senate on Sunday, would increase the ranks of the IRS, but it would not create a mob of armed auditors looking to harass middle-class taxpayers, as some Republicans are claiming. While experts say corporate tax increases could indirectly burden people in the middle class, claims that they will face higher taxes are not supported by what is in the legislation. A look at some of the claims about the package that emerged from a deal negotiated by Senate Majority Leader Chuck Schumer, D-N.Y., and Sen.

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BING NEWS:
  • Tax season is confusing enough. Don’t fall for these false claims | Fact check roundup
    The USA TODAY Fact-Check Team has debunked an array of such claims, including that Americans aren’t legally required to file taxes and that they can expect more IRS stimulus checks. More: When is Tax ...
    04/15/2024 - 4:34 am | View Link
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