Van Hollen Statement on Release of IRS Strategic Operating Plan, Detailing Implementation of Inflation Reduction Act

Today, U.S. Senator Chris Van Hollen (D-Md.) released the following statement on the IRS’ newly produced Strategic Operating Plan which details its implementation of the Inflation Reduction Act:

“For too long the IRS has lacked the tools it needs to go after rich tax cheats and those billion-dollar corporations that have used various schemes to hide their wealth and fail to pay what they already owe. It’s time that these corporations and individuals paid the taxes that are due rather than have the rest of the country pick up the tab. That’s why we provided the IRS with additional resources to stop these wealthy tax cheats and that’s what this IRS action plan will do. As the IRS and Treasury have made clear, these funds will not increase audits on Americans making less than $400,000 a year. In addition, as laid out in this plan, the IRS will be able to dramatically improve customer service and efficiency for taxpayers who have struggled with its outdated systems. This is an important step forward in the implementation of the Inflation Reduction Act, and I’ll continue pushing to improve the IRS’ ability to both serve Americans and go after those ultra-wealthy individuals and corporations who are cheating the system.”

Senator Van Hollen is Chairman of the Appropriations Subcommittee of Financial Services and General Government, which has jurisdiction over IRS appropriations, as well as a member of the Budget and Banking, Housing, and Urban Affairs Committees.