08/04/2022 | Press release | Distributed by Public on 08/04/2022 07:02
"Congress wants more tax revenue because it can't control its appetite for spending. That's why it wants a tax agency in beast mode," writes the Editorial Board of the Wall Street Journal in a new op-ed.
The new Manchin-Biden Build Back Better bill allots $80 billion in new funding for the IRS - more than six times the agency's current annual budget.
Included in the $80 billion is funding to send 87,000 new IRS agents after you and your family-owned business on the belief that everyone is a tax cheat. The IRS has already been targetinglower and middle income earners, yet Democrats want to hirenew IRS agents to audit individuals and small businesses. They've also promised to revive their invasive bank surveillance scheme.
READ: New Schumer-Manchin Bill Will Supercharge Long History of IRS Abuses
KEY EXCERPTS:
Lower- and middle-income earning Americans are the primary target in Democrats' bill:
The IRS has a history of political targeting that threatens religious organizations and critics alike:
Only $3.2 billion of the $80 billion total goes towards improving services for taxpayers:
READ: Once Again, Biden Pushes to Supercharge an Increasingly Politicized IRS
READ:WRAP-UP: Victims of Politicized IRS Say Agency is Institutionally Incapable of Self-Correcting
For More Background on IRS abuses, Click Here.