Expert: Average American More Likely to Be Audited With Inflation Reduction Act

Evelyn Li
By Evelyn Li
August 18, 2022NTD Good Morningshare

President Joe Biden signed off on the Inflation Reduction Act. Hundreds of billions of dollars will be allocated to the new bill, with $80 billion going to the IRS. Since then, there have been mixed messages from both sides of the aisle. EJ Antoni, a research fellow for regional economics in the Center for Data Analysis at the Heritage Foundation, explains what this will mean for the average American.