- According to an analysis of Internal Revenue Service (IRS) data, taxes collected from Americans have significantly increased under President Joe Biden compared to former President Donald Trump.
- The IRS collected a total of $4.9 trillion in taxes during fiscal year 2022, with tax enforcement also increasing.
- In contrast, during Trump’s final year in office (fiscal year 2020), the IRS collected $3.5 trillion in taxes.
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Give Me Your Money! IRS Under Biden Takes More Taxes From Americans
Net amount of taxes collected after refunds issued totaled $4.26 trillion in FY2022 and $2.76 trillion in FY2020
