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Yellen Directs IRS to Embark on $80 Billion Overhaul

Summary by Ground News
Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will overhaul its technology, customer service and hiring processes. The improvements are meant to end the two-tiered tax system, where most Americans pay what they owe, but those at the top of the distribution often do not. This year's tax season resulted in the worst backlog in history for the IRS.

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Bias Distribution

  • 59% of the sources are Center
59% Center
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MY Northwest broke the news in Tacoma, United States on Wednesday, August 17, 2022.
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