The party of wealthy tax dodgers

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House Republicans fulfilled a key campaign promise on Monday, passing legislation to rescind the bulk of an IRS funding boost signed into law last year, marking the first bill passed by the GOP-controlled House this Congress. The bill, which is unlikely to see action in the Democratic-controlled Senate, passed in a party-line 221-210 vote on Monday evening...

The Congressional Budget Office (CBO) estimated Monday that the legislation would eliminate about $71 billion of the total $80 billion that was allocated for the IRS but would reduce tax revenue by about $186 billion, translating to a $114 billion increase in deficits over the next decade...

IRS Commissioner Charles Rettig said in an August letter to members of the Senate that the funds from the legislation would be used to up examination of large corporations and high-net-worth individuals and were not designed to raise enforcement for households making less than $400,000. Treasury Secretary Janet Yellen has also said that the agency would not increase audit rates for those taxpayers making less than $400,000.

House GOP passes repeal of IRS funding boost as its first bill in the majority | The Hill

• Trump argued for years he can't reveal his tax returns because they are audited (which is nonsense in any case, there was nothing stopping him to publish his tax returns)
  
• As a president, he should have been under audit but wasn't, only when that became public knowledge did the audit begin.
  
• The reason he wasn't audited is because the IRS is severely underfunded which is especially beneficial for rich people with very complex tax returns, like Trump and the billionaire donors of the GOP.
  
• And surely enough, they want to keep it that way in the first bill they pass as a House majority party.