Tax Day 2022: Should Congress Approve New Taxes and Funding to Modernize the IRS?
Summary from the AllSides News Team
Should the IRS get more funding to improve services and close loopholes? How would President Joe Biden’s proposed tax hikes on high incomes impact the economy?
As the IRS deadline for tax filing arrived, a Treasury Department statement marked this year as the “most challenging filing season in recent history,” fueled by “chronic underfunding” of the IRS, “antiquated” technology and a “historic” pandemic. The statement reiterated Biden’s call for $80 billion over the next decade to “modernize” the IRS, prevent tax evasion and create “a much smoother experience for the American taxpayer.”
However, Republican activist Grover Norquist (Right bias) argued that the IRS funding would result in “failure” and that Biden’s proposed tax hikes, which would fund the IRS modernization, would “increase prices, depress wages, and make America less competitive in the world.”
Voices in left-rated outlets often supported additional IRS funding, and some voices in right-rated outlets opposed it. Several outlets across the spectrum covered related Tax Day topics, such as guides on how to file a tax return.
Featured Coverage of this Story
From the Left
The IRS urgently needs more money and staff
This is not a normal tax year for the Internal Revenue Service. As millions of American households scramble to meet the April 18 filing deadline, it’s easy to view this as just another tax season that causes temporary annoyance and then fades in the headlines and minds of most people. But there’s a lot more at stake.
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From the Right
Tax Day is already bad, and Biden wants to make it worse
Tax Day is a particularly dreary and unpleasant "holiday" this year. Americans who trudge down to the post office to drop off their returns or simply push a button to file electronically are aware that the IRS itself confesses that is it behind in processing those returns it already has by roughly 22 million.
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