Jump to content

Surprise! The IRS Lied About Who Those 80,000 New Agents Would Target


Geee

Recommended Posts

PJ Media

"Never trust a man who lays his hand on his heart when he assures you of anything," goes the old axiom. That's why I never trust a Democrat who makes any promise ever about a federal agency or program.

 

Take Medicare. In 1966 when Medicare began, it cost $3 billion. The House Ways and Means Committee estimated that Medicare would cost about $12 billion by 1990. Instead, it cost $107 billion and today costs the government close to a trillion dollars.

So when Joe Biden and the Democrats assured Americans and Republicans in Congress that the $80 billion the president wanted to augment the IRS tax-collecting ability was only going to target "the rich," everyone with two brain cells working knew it was a lie.

It will surprise no one that an audit by the Treasury Inspector General For Tax Administration found that "President Biden's plan to hire a new army of tax collectors is falling flat, and the agents already at work are targeting the middle class."  

"As of last summer, 63% of new audits targeted taxpayers with income of less than $200,000," reports the Wall Street Journal. "Only a small overall share reached the very highest earners, while 80% of audits covered filers earning less than $1 million."

Bank robber Willie Sutton supposedly responded to the question of why he robs banks by saying with a shrug, "That's where the money is." So, too, the IRS audits well-off but not "rich" taxpayers because they can't afford the army of tax attorneys that the super-rich can bring to the table. :snip:

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 1716240516
×
×
  • Create New...