How Increased IRS Funding Will Affect Middle-, Low-Income Americans

How Increased IRS Funding Will Affect Middle-, Low-Income Americans

Scott Curley, the CEO and co-founder of FinishLine Tax Solutions, believes the decision to increase funding for the IRS is at least partially related to rising inflation rates and increased government spending on assistance distributed during the pandemic.

“That created a situation for us,” Curley says. To pay for pandemic-related spending, he says the government had two choices: “Do we want to raise taxes more or do we want to go after the money owed to us already?” With the passage of additional funds for the IRS, Curley believes the government’s answer was the latter.

Scott Curley’s commentary on this critical news was quoted thorughout this article on US News

 

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