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Biden seeks $80B to beef up IRS audits

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President Joe Biden plans to propose an $80 billion increase in funding to the IRS so it can beef up audits of high earners and corporations.

The plan is designed to crack down on tax evasion over the next 10 years.

Administration officials estimate the tax enforcement effort would generate $700 billion over the 10-year period.

Read more from The New York Times.

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