Democrats Reject the Ban on Tax Hikes for Middle-Classes in the ‘Inflation Reduction Act

Senate Democrats voted against an amendment to the “Inflation Reduction Act”, which would have prohibited funds from going after middle-class Americans and working people with tax increases and audits.

On Sunday, Senate Democrats passed the Inflation Reduction Act which includes $80 billion for the IRS to target mostly working and middle-class American households, squeezed by inflation, with more audits.

The Joint Committee on Taxation has reported that 78 to 90 percent of the taxpayer money raised via new audits and investigations as a result of the legislation would come from American households earning less than $200,000 a year. Meanwhile, just four to nine percent is expected to come from households earning more than $500,000 a year.

Sen. Mike Crapo (R-ID) offered an amendment that would ban any of the new IRS funds from being used to target Americans earning less than $400,000 annually. Crapo said the amendment ensured that President Joe Biden would not break his promise to not raise taxes on Americans earning less than $400,000 a year.

The amendment was rejected on party-line votes by all Senate Democrats. The passed legislation, instead, only suggests that Congress does not “intend” to raise taxes on households with annual incomes of less than $400,000.

The Inflation Reduction Act seems to be a breach of the promise Biden made in March’s State of the Union address.

“And under my plan, nobody earning less than $400,000 a year will pay an additional penny in new taxes. Biden stated at that time, “Nobody,”

John Binder is a reporter for Breitbart News. Email him at [email protected]. Follow him on Twitter here.

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