GOP focuses criticism on Dem plan to increase IRS audits

Washington Examiner: 

New funding for the Internal Revenue Service authorized by President Joe Biden has emerged as the biggest target for Republicans in attacking Democrats' recently passed health and climate legislation.

While the GOP has vociferously rejected portions of the Inflation Reduction Act that involve changes to corporate taxation, the provision that is getting the most attention is a plan to increase funding for the IRS to the tune of $80 billion over the next decade. More than half of that spending is earmarked for enforcement.

Democrats envision the funding, which is estimated to add more than 80,000 new positions across the IRS, as a wise move because of understaffing at the agency. The Congressional Budget Office projects the funding would net more than $200 billion in gross revenue by cracking down on tax cheats through audits.

But Republicans, keenly aware of public mistrust of tax collectors, have used the notion of thousands of new auditors as a cudgel against the now-approved funding.

...

I think this is a fair criticism.  It highlights Democrats' embrace of a greedy government sucking up other peoples money.  They are doing this because they want to increase government spending on things they think will buy votes for Democrats.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more