WASHINGTON, D.C. – U.S. Senators John Barrasso (R-WY) and Cynthia Lummis (R-WY) joined Senator Mike Crapo (R-ID) in introducing a bill to prevent the Internal Revenue Service (IRS) from using its massive, $80 billion infusion of taxpayer dollars to squeeze more revenue out of Wyoming taxpayers who earn less than $400,000 per year.
“President Biden and the Democrats want to empower the IRS to squeeze as much money as they can out of hardworking Americans,” said Sen. Barrasso. “In addition to facing record-high inflation, this would make it even harder for families, farmers, and small businesses to get by. Our legislation would stop the IRS from using any supersized funds for audits on hardworking taxpayers making less than $400,000. The people of Wyoming and across the country want nothing to do with the Democrats’ plan to run the middle class dry.”
“The hardworking people of Wyoming should not be subjected to frivolous audits to help pay for the Democrats’ reckless tax and spending spree,” said Sen. Lummis. “The IRS should never have received this massive increase in funding. This commonsense legislation will ensure that everyday, hardworking American citizens are protected from gross IRS overreach.”
This legislation would prevent the IRS from using any of the supersized $80 billion of funding for audits on hardworking Wyoming taxpayers and small businesses with taxable incomes below $400,000.