Biden's "Build Back Better" will double your chances of being audited by the IRS
The U.S. House just passed President Joe Biden's "Build Back Better" boondoggle, and along with increasing the deficit by billion of dollars, the legislation gives bags of cash to everyone's favorite federal agency: the IRS.
The legislation airlifts an additional $80 billion to the Internal Revenue Service to hire more agents and increase tax law enforcement. Proponents of the legislation describe the additional funding as a way to audit "wealthy" Americans and ensure everyone "pays their fair share."
But according to Republican congressmen on the Ways and Means Committee, this expanded audit capability will impact lower and middle-income earners just as much.
"The proposal will lead to an additional 1.2 million IRS audits each year, nearly half of which will hit middle class families making less than $75,000," the memo states. "What does that mean for Americans? More than double the chance of being audited. And not just for the rich."
In other words, Biden is using our hard-earned money to fund an agency dedicated to harassing the American people.
Here's an idea: instead of sending more money to the IRS, why don't we lower taxes, simplify the tax code, and de-fund our friendly federal tax collectors?
Congress will never have the courage to implement these kinds of reforms. They benefit from a complicated taxing system, and they need our money to fund their social welfare agenda.
Fortunately, we don't need their approval to limit the power and jurisdiction of the IRS and every other federal agency.
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