Policy Impact Analysis - 117/HR/6800

Bill Overview

Title: IRS PRIORITIES Act of 2022

Description: This bill prohibits the Internal Revenue Service from hiring new enforcement personnel (i.e., special agents in the criminal investigation division, revenue officers, or revenue agents) until all individual tax returns for 2019 and 2020 are processed.

Sponsors: Rep. Westerman, Bruce [R-AR-4]

Target Audience

Population: Individuals who filed U.S. tax returns for 2019 and 2020

Estimated Size: 150000000

Reasoning

Simulated Interviews

Small Business Owner (California)

Age: 35 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 10/20

Statement of Opinion:

  • This delay in tax processing is making it really tough on cash flow in my business.
  • I hope this policy can at least speed things up a bit.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 6 4
Year 20 5 3

Software Engineer (Texas)

Age: 28 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 15/20

Statement of Opinion:

  • I file my taxes on time, but I'm not really affected much by delays.
  • It's good they're trying to address the backlogs though.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 8 8

Teacher (New York)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 20/20

Statement of Opinion:

  • I struggle to budget properly with these delays.
  • This policy seems like a good step, but it's about time something was done.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 5
Year 5 6 5
Year 10 5 4
Year 20 5 4

Retiree (Florida)

Age: 59 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 18/20

Statement of Opinion:

  • I'm not reliant on returns, but I know people are waiting on them.
  • Processing should be more efficient regardless.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Healthcare Worker (Illinois)

Age: 40 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 12/20

Statement of Opinion:

  • I really need my refund to help catch up on bills.
  • I'm hopeful about this policy, but results need to happen soon.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 4
Year 5 7 4
Year 10 6 3
Year 20 5 3

Manufacturing Worker (Ohio)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 1.0 years

Commonness: 14/20

Statement of Opinion:

  • I've only had minor delays, not affecting me much.
  • Seems like a reasonable approach to handling backlogs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Freelancer (Washington)

Age: 32 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 16/20

Statement of Opinion:

  • It's exhausting worrying about when refunds will finally come.
  • A focused policy is necessary to get through these backlogs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 6 4
Year 20 5 3

Retail Worker (North Carolina)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 19/20

Statement of Opinion:

  • The IRS processing speed doesn't really impact me much.
  • Still, it's positive that delays are being tackled.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Consultant (Oregon)

Age: 61 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • It's frustrating not knowing the status of my returns.
  • This policy might speed things up, sounds promising.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 5
Year 5 6 5
Year 10 5 4
Year 20 5 4

Project Manager (Georgia)

Age: 47 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 17/20

Statement of Opinion:

  • I'm managing without the refund but it'd be nice to get it sorted.
  • If this helps clear the backlog, then it's worth it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Cost Estimates

Year 1: $10000000 (Low: $5000000, High: $20000000)

Year 2: $12000000 (Low: $6000000, High: $24000000)

Year 3: $14000000 (Low: $7000000, High: $28000000)

Year 5: $16000000 (Low: $8000000, High: $32000000)

Year 10: $20000000 (Low: $10000000, High: $40000000)

Year 100: $50000000 (Low: $25000000, High: $100000000)

Key Considerations