Friday April 26th, 2024 8:29PM

House GOP slashes IRS tax enforcement budget

By The Associated Press
WASHINGTON (AP) -- The GOP-controlled House has slashed the budget for the Internal Revenue Service's tax enforcement division by $1.2 billion, a 25 percent cut that would mean fewer audits of taxpayers and make it more likely that people who cheat on their taxes will get away with it.<br /> <br /> The House approved the cuts by voice vote after little debate as it took up a $21 billion spending bill that sets the IRS budget.<br /> <br /> The cuts reflect GOP outrage over the agency's scrutiny of tea party groups seeking tax-exempt status.<br /> <br /> The White House had already issued a veto threat on the legislation, saying it shortchanges the IRS, impedes implementation of the new health care law and undercuts the new regulations on Wall St. that passed in 2010.
© Copyright 2024 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.