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| Home Front: Politix | |
| IRS on the chopping block on first day of legislative work under Speaker McCarthy | |
| 2023-01-10 | |
| [FOXNEWS] The House of Representatives is slated to vote on a bill Monday night that would cut more than $70 billion in Internal Revenue Service funding in an effort to prevent the agency from conducting new audits on Americans — fulfilling newly elected House Speaker Kevin McCarthy ...the GOP house majority whip. He replaces Eric Cantor, who got whupped because his politix are like Kevin McCarthy's... ’s promise ahead of taking the gavel.
...the Internal Revenue Service; that office of the United States government that collects taxes and persecutes the regime's political enemies... that was approved in the Inflation Reduction Act last year. Smith’s bill leaves in place funding for customer service and improvements to IT services at the IRS but rescinds several categories of unobligated funding, including money that could be used to conduct any new audits on Americans. In total, it would claw back $72 billion of the funding Congress approved for the IRS last year. The Inflation Reduction Act granted an $80 billion boost to the IRS over a 10-year period, and more than half of those funds were aimed at helping the agency crack down on tax evasion. In 2021, the Treasury Department estimated that $80 billion would be used to hire 87,000 auditors and other new staff. Republicans have said they would fight this aggressive expansion that would more than double the agency’s current size. "The last thing the American people need right now are more audits from an out-of-control, bloated IRS," Smith told Fox News Digital on Monday. "The Inflation Act funding for IRS would lead to the hiring of 87,000 new IRS employees tasked with raising enough revenue to pay for Democrats’ Green New Deal priorities." | |
| Posted by:Fred |
| #12 Amazing. For now. But training continues at the IRS Academy: |
| Posted by: DooDahMan 2023-01-10 12:44 |
| #11 They can roll stuff back like that? I can think of a whole bunch of other things they should roll back...like funding for the FBI. |
| Posted by: Abu Uluque 2023-01-10 12:22 |
| #10 The GOP representatives did what they said they would do. That's a start. |
| Posted by: M. Murcek 2023-01-10 11:50 |
| #9 yah, Darth. I don't understand why everyone is so thrilled by a somewhat conservative house when it takes three to tango. |
| Posted by: Mercutio 2023-01-10 11:28 |
| #8 Now get that through the Senate and have Hairplugs sign it. |
| Posted by: DarthVader 2023-01-10 09:20 |
| #7 Based on McConnell’s work, this may have to go on the growing debt ceiling negotiation pile along with pipeline approval, Reservist Vax mandates etc. |
| Posted by: Super Hose 2023-01-10 09:16 |
| #6 #3 B, where is the graft (election contributions, et al) in that? It's all a protection racket scheme. Talk up 'soaking the rich', then the J street hustlers and congresscritters write work arounds for their 'donors'. Money to be made. |
| Posted by: Procopius2k 2023-01-10 09:12 |
| #5 ..right. They're not going to 'find' it raking the lower class over the books, but that's what they do. |
| Posted by: Procopius2k 2023-01-10 09:05 |
| #4 #1 - Already heard that on the AM radio drivetime this morning |
| Posted by: Frank G 2023-01-10 08:59 |
| #3 I know it's revolutionary and totally put of the box, how about a flat tax ? The fully armed former IRS employees could then br offered Border Patrol positions. |
| Posted by: Besoeker 2023-01-10 08:30 |
| #2 Spending more money to save money is always the answer. Having the agents be firearms qualified is a bonus. |
| Posted by: Bobby 2023-01-10 07:33 |
| #1 ...The Usual Suspects are already screaming something to the effect that since these new IRS agents were going to hoover up more than a hundred billion dollars, not spending the $72B would actually result in a net loss of IIRC $124B USD. Mike |
| Posted by: MikeKozlowski 2023-01-10 06:53 |