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Former IRS whistleblower says middle class targeted under inflation bill

William Henck, a former Internal Revenue Service attorney who was fired after filing an insider allegation, said thegovernment has of Americans to be subject to new audits,under the Control of Inflation Act.

Henck, who worked for the IRS for 30 years before retiring in 2017, said the IRS and additional funding would only lead to more audits of billionaires and corporations.The Inflation Reduction Act, signed into law by President Biden,will nearly double the IRS budgetand add another $79 billion over the next decade. Allocate dollars to the IRS.

"The idea that they are going to attack millionaires and big corporations is frankly bullish," Henk said in his FOX Business interview. "It won't happen. They will offer themselves bonuses and promotions and really great conferences."

he continued.

Henck added that he thinks doubling the agency's budget is "silly". He said the IRS would target companies that don't have enough money to hire Washington lobbyists.

President Biden signs the Inflation Reduction Act into law.
AFP via Getty Images
IRS sign
Bloomberg via Getty Images

According to the House of Representatives, under the law, Americans earning less than $75,000 a year will face nearly 711,000 new cases. You will be subject to an IRS audit. His GOP analysis using historical audit rates. By comparison, individuals earning $500,000 or more would have about 95,000 additional audits as a result of the Inflation Reduction Act.

However, IRS Commissioner Charles Rettig refuted the new audit report, saying that the "audit rate" would remain unchanged and that the bill would "regard increased audit scrutiny for small businesses." not,' he said. Or middle-income Americans. White House Press Secretary Carine Jean-Pierre told reporters last week that there would be no new audits for anyone making less than $400,000 a year.

“There are substantial incentives to basically shake taxpayers. The advantage of the IRS is that it has basically unlimited resources and no accountability. People have to weigh the costs of an accountant or a tax attorney.Something in the tax court," Henk told Fox Business.

New recruits to the IRS will also be assigned simpler cases, he said.

``If you own a roofing company, you should expect to be audited. Because that's what they're trying to do," he continued. "They're going to target your car dealership or your roofing company."

Henck noted that during his time at the agency, IRS agents specifically targeted older taxpayers. said he had observed the

"We protested internally and externally but were ignored," he told his FOX Business. "In their last days on Earth, these taxpayers were being bullied by the same governments they fought as young men, but nobody cared."

Joe Biden
Getty Images

"This is an agency that doubles in size."

An IRS team assigned to advise on legal matters told the Post that it was told by a senior official to "stop" while investigating a paper company that took advantage of the biofuel tax credit. Henck, who believed the credits were taxable, said the company had not listed the credits as taxable income on its returns, an issue his team identified as a potential problem.

After the IRS withdrew its investigation into the company's tax credit classification, Genk added, other paper companies quickly filed refund claims. , paid $8 billion to paper companies in 2009, The Washington Post reported at the time.

The IRS then launched an investigation into suspicion that he leaked classified information when Henck spoke to the media in his 2013, and was dismissed in 2017.

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