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And as nominal incomes go up (even though real purchasing power stays the same) actual tax rates go up.
"Specifically, I direct that any additional resources—including any new personnel or auditors that are hired—shall not be used to increase the share of small business or households below the $400,000 threshold that are audited relative to historical levels," Yellen wrote in the letter to Rettig. "
The Democrat weenies in the House are balking. Yellen is back pedaling what the IRS wanted to do (fuck with small businesses).
We, we, we didn't really mean we were gonna audit you. Fuck they were hiring 87000 agents, what the fuck are you going to do with them? Audit the banks? --- HA fuckin' ha
Well, here she is lying and trying to salvage the crap legislation.