( ) -q-28- UNDATED (Correspondent Jeremy House) “to 2031 period.” The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Inflation Reduction Act. [CutID: <Cuts> IRS-TAXES-house-q-WEDam.mp3 Time: 28s Title: IRS-TAXES-house-q-WEDam Out-cue: to 2031 period] TAG: Correspondent […]
Audio
IRS expects to collect hundreds of billions more in overdue, unpaid taxes
( ) -q-28- UNDATED (Correspondent Jeremy House) “to 2031 period.”
The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Inflation Reduction Act.
[CutID: <Cuts> IRS-TAXES-house-q-WEDam.mp3
Time: 28s
Title: IRS-TAXES-house-q-WEDam
Out-cue: to 2031 period]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: A new analysis by the Treasury Department and the IRS says tax revenues are expected to increase by as much as $561 billion from 2024 to 2034. That is substantially more than previous estimates. The Congressional Budget Office in 2022 estimated that tax revenues would increase by $180.4 billion over the 2022 to 2031 period.