As part of the misleadingly titled “Inflation Reduction Act,” President Biden and his allies secured roughly $80 billion in new IRS funding to hire 87,000 auditors. This is bad news for the American economy.
Monday, September 05, 2022
Commentary: Biden’s IRS Auditor Army Will Disrupt Economic Recovery
The Biden administration’s decision to recruit nearly 90,000 new IRS auditors could have a chilling effect on small businesses and economic growth, permanently impeding our nation’s ability to recover from its current economic malaise.
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I'm just a one person LLC these days but did have 7-10 employees most of the first 20 or so yrs. in the environmental consulting & services business. The "state" would never harass the bigg boy but, as small fry, were big game to them. The same will ring true. Be assured there will be bounties based on collections.
ReplyDeleteWhere's Jeffrey Dalmer when we need him?
ReplyDeleteWe may all become Dalmers before it's over.....
DeleteThe dollar is toast.
ReplyDeleteThe aftermath of the dollar, what comes next, is afoot.
Whatever it takes for the powerful to keep power and their assets is being pushed.
Power (and assets) to the People!
lets see...87,000 new irs agents divided by how many forgiven student loans that r gonna be declared income suddenly ?
ReplyDeleteI predict a large increase in flag-at-half-staff funerals upcoming...
ReplyDeleteThe IRS isn't going after the billionaires; they've already got their own dedicated audit teams. They're going after small business and individuals that don't have a tax attorney on speed-dial.
ReplyDeleteYou can bet the farm there will be a lot of registered Republicans that will be audited for the first time in their lives.