Inflation Reduction And Climate Change Act That Isn't

GURPS

INGSOC
PREMO Member

'Inflation Act' Would Make IRS Workforce Larger Than the Pentagon, State Dept., FBI, and Border Patrol—Combined


The bill cleared the Senate Sunday and now heads to the House, where it’s expected to pass. It would more than double the agency’s current staffing, bringing it up eventually to 165,000 people. That’s more than the population of Tempe, Arizona.

The Washington Free Beacon reports that the new hires will make the IRS workforce larger than the combined number of employees of the Pentagon, State Department, FBI, and Border Patrol. They write:

That [the Inflation Reduction Act] would make the IRS one of the largest federal agencies. The Pentagon houses roughly 27,000 employees, according to the Defense Department, while a human resources fact sheet says the State Department employs just over 77,243 staff. The FBI employs approximately 35,000 people, according to the agency’s website, and Customs and Border Protection says it employs 19,536 Border Patrol agents.

Eighty-seven thousand—in addition to the 78,000 already employed by the agency—is a truly staggering number. People often have criticized the draconian policies of this administration—especially with the FBI’s raid of Mar-a-Lago in the news—but siccing that many new agents on our own people takes it to a whole new level. Texas Republican Senator Ted Cruz apparently agrees:


 

GURPS

INGSOC
PREMO Member

Blumenthal spars with Graham, calls middle class fear over 87,000 new IRS agents ‘preposterous’



Blumenthal and Graham appeared on CNN’s “State of the Union” Sunday with host Dana Bash to lock horns over the massive spending bill.

Graham was adamant that he wouldn’t vote for the obscene spending spree no matter what. Then he tore into the Democrats and their IRS foot soldiers.





“Hiring 86,000 more IRS agents, if that makes you feel better, you missed a lot,” Graham posited. “They’re coming after waitresses and Uber drivers and everybody else to collect more taxes. So if you think growing the IRS is good for you, you’re wrong.”

“I think the IRS is going to target the highest income Americans,” Blumenthal shot back with a smile. “As the saying goes, that’s where the money is, that’s where they’re going to look to collect.”

Graham made the unfortunate move of just sitting there, smiling, nodding, and taking the disparagement of middle America in stride while Blumenthal claimed that they were only going after big companies, especially those in the energy sector.

“The idea there’s going to be this army of IRS agents descending on the average Americans is preposterous,” he said, mocking the concerns of mainstream Americans.

“Tax fairness is what we need. For the biggest corporations in this country to pay no taxes, for them to do stock buybacks that benefit the shareholders? For example in the case of oil companies, they are making three to four times what they did last year. What are they doing with those excess windfall profits? Lowering gasoline prices? No, they are doing stock buybacks and they ought to pay a tax on it,” he declared.




WTF does ANY of that have to do with TAXES Dick thinks he knows better what a company should do with profits that earned.
 

GURPS

INGSOC
PREMO Member

Here Come The IRS Shock Troops


The Democrats’ “Inflation Reduction Act,” approved Sunday by the Senate, is primarily known as a climate and health care bill. It also includes $80 billion for the IRS, more than six times its current annual budget, increasing the agency’s enforcement funding by 69% through fiscal 2031, and adding as many as 87,000 new employees to its overall workforce.

This is not what the country needs

Our friends at the Committee to Unleash Prosperity pointed out last week that the Democrats are prioritizing IRS enforcement and bureaucracy over securing the leaky border and addressing the shortage of military recruits.

So while the Democrats will spend “$80 billion to double the number of IRS agents and auditors, the Army is falling far short of its recruitment goals for our national security. Meanwhile, the Border Patrol is running short of agents in Arizona and Texas.” In fact, after a generous injection of other people’s money, the IRS will “employ more bureaucrats than the Pentagon, State Department, FBI, and Border Patrol combined.”

We are also reminded by the Washington Examiner’s Paul Bedard that, “according to a new congressional analysis, the pay for those 300 could be as high as the $235,100 given to Vice President Kamala Harris.”

Why are the Democrats re-arming an IRS that, mercifully, “went down early … went down hard,” and hasn’t “come back” from the pandemic? Is the federal government hurting for money? Not at all.
 

GURPS

INGSOC
PREMO Member

How Would Democrats’ Climate Change Bill Cut Carbon Emissions?


Headline Roundup July 29th, 2022​

Senate Democrats say their compromise climate-healthcare-tax bill, dubbed the Inflation Reduction Act of 2022, aims to cut U.S. carbon emissions by 40% by 2030.

The bill includes roughly $380 billion of tax credits and spending
focused on climate change measures — like incentives for battery manufacturing, domestic mining for green energy materials, and renewable energy projects, including nuclear energy. The bill also includes incentives for households to switch to electric vehicles, including a $4,000 tax credit for buying used electric cars. Furthermore, part of the bill’s estimated $739 billion in tax revenues would come from fees on methane emissions.

Coverage in left-rated outlets often framed the bill as positive and highly consequential; The New York Times (Lean Left bias) said the deal “almost instantly reset the role of the United States in the global effort to fight climate change,” and CNN (Left bias) called it the “biggest legislative climate investment in US history.” Coverage from the left was also more likely to feature charts or other visualizations of the bill’s proposals.

Meanwhile, coverage from the right was often skeptical or critical of the bill. Fox News (Right bias) called the deal “the Manchin-Schumer tax hike and climate change bill” and highlighted how Democrats previously wanted to spend even more. Several opinions from the right called Democrats “delusional” or “insidious” for taxing businesses or purportedly trying to “hurt Americans who live in coal-rich states.”
 

GURPS

INGSOC
PREMO Member
There are many things to hate about Democrats' so-called 'Inflation Reduction Act' -- not the least of which is the fact that it won't reduce inflation, with that phenomenon raging at decades-high levels. The White House's rosiest estimate is that the bill would possibly reduce inflation by a fraction of one percentage point, nine years from now. Several nonpartisan estimates project that it will increase inflation in the short term, and effectively have zero anti-inflationary effect beyond that. It also raises taxes on American businesses, costs that will inevitably be passed down to workers and consumers. The nonpartisan Joint Committee on taxation found that these tax hikes would end up hitting Americans in every income group. Democrats want to play rhetorical games and pretend these don't represent tax increases on middle- and working-class people. But the effect is what it is. Then there's the provision that massively increases the auditing capacity of the dreaded Internal Revenue Service:

A large cash infusion for the Internal Revenue Service is part of the economic package Democrats are working to push through Congress before their August break. Under a deal worked out by Senate Majority Leader Chuck Schumer and West Virginia Sen. Joe Manchin, the Inflation Reduction Act of 2022 would spend an extra $79.6 billion on the agency over the next 10 years. The added cash is expected to go toward hiring 87,000 new IRS agents, roughly doubling the agency’s size. The IRS says the money is expected to go toward efforts to crack down on wealthy tax evaders and to modernize its technology...Republicans are warning it will lead to increased scrutiny of small business owners and IRS audits will affect more people.


This is quite a statistic, especially in light of what's happening at the border:





The IRS is dutifully playing along with Democrats' talking points, insisting that despite doubling the agency's size and hiring a small army of new agents and auditors, non-rich taxpayers won't be impacted. Republicans are pointing out that the bill doesn't actually protect lower income groups from a newly-muscular and cash-flush IRS. Rhetorical promises (to say nothing of the manipulations explained below) are meaningless if they have no force of law. And they have no force of law:




 

GURPS

INGSOC
PREMO Member
The very title Democrats gave the bill — “Inflation Reduction Act of 2022” — is a boldfaced lie, and should be reason enough to view the bill as a scam. According to the Penn Wharton Budget Model, the bill would have no impact on inflation. In fact, it would “very slightly increase inflation until 2024” (emphasis added).

Given all this, what’s in it for the American people? The bill’s focus is largely on “Energy Security and Climate Change” programs. As Biden and Democrats now tout the “incredible transition” their anti-American energy policies have created, we already know what this will leave Americans with: higher prices and nothing but demands from Biden administration officials to buy expensive electric vehicles.

Industry experts already confirm this. The methane tax in the bill, for instance, would increase natural gas costs by 17% — or $100 a year for the average American family.

It’s clear that if Americans simply know the truth behind the bill, and what it will do to their pocketbooks, this latest ploy by Biden and the left to remake America leaves congressional Democrats even more vulnerable in November. Already, 82% of Americans say the economy is “poor.” This bill would only worsen every problem plaguing our economy.

Democrats who vote for this bill will be accountable to American voters in less than four months. In the meantime, let’s be honest: this is the newest Bidenflation Scam.


 

GURPS

INGSOC
PREMO Member

Do Those 87,000 IRS Agents Look a Little Different This Morning? They Should.



According to the Joint Committee on Taxation, the Democrats’ intent is already evident upon passing the bill. According to the committee’s analysis, between 78% and 90% of the money raised from under-reported income would likely come from those making less than $200,000 a year. Only four to nine percent would come from those making more than $500,000. If you pay more, your taxes got effectively increased. And the IRS just got funding for 87,000 enforcement agents to add to the number of audits.

Reportedly, the agency has also been hoarding “weapons of war” and ammunition. The benign explanation for all of that could have been that the Biden administration was reducing firearms inventory. However, the entire picture takes on a darker tone after the raid at Mar-a-Lago Monday night.

The political nature of the IRS became apparent during the Obama administration. We all recall Lois Lerner and the agency’s admission of political bias. However, have you forgotten Dr. Ben Carson? Following his viral speech at the National Prayer Breakfast in 2013, Carson reported that his real estate holdings got audited. In the same year, two of Franklin Graham’s not-for-profits received audits. Both men had been operating for decades with no IRS issues.

With multiple agencies weaponized, as we have seen clearly with the DOJ, FBI, and intelligence community, will the IRS pick up low-level enforcement? The FBI can’t arrest all of the regime’s opponents. It doesn’t need to. Enough tax liens, additional payments, and lengthy investigations will subdue most average Americans. The process is the punishment, and the IRS can bankrupt the average family faster than the DOJ bankrupted Gen. Michael Flynn.

According to Republicans on the House Oversight Committee, Democrats have vowed to revive their banking surveillance. You may recall that their initial Build Back Better proposal was to audit every banking transaction over $200. Supposedly that is why the IRS needed to double in size in the first place. And the IRS is doubling in size. Manchin and Sinema will obviously cave with the correct incentives. And you should not put anything past Democrats at this point.


Keep your receipts, and find a good accountant.
 

GURPS

INGSOC
PREMO Member

IRS Commissioner Says Agency Is ‘Absolutely Not’ Increasing Audit Scrutiny on Small Businesses, Middle-Income Americans


Democrats have argued that the funding is needed because “hardworking American families pay their taxes on time while wealthy millionaires and billionaires avoid paying the taxes they owe to the federal government” and the IRS needs to tackle this.

“Without these new investments, those at the top will be able to get away with more and more tax avoidance. That’s not fair to the tens of millions of honest, hardworking taxpayers who play by the rules,” lawmakers said.

Democrats have pointed to a May report from the Government Accountability Office showing that IRS audits have dropped over the past decade for all income levels, including higher-income taxpayers.

A March 2021 report (pdf) by the Treasury Inspector General for Tax Administration found that IRS audits had dropped by 44 percent overall between fiscal years 2015 and 2019.

The IRS has blamed the declining audit rates on staffing issues and the lack of experts needed to handle complex higher-income audits.

They have also cited a recent poll by Data for Progress, in which nearly three-quarters of Americans said they believe the IRS should conduct more tax audits of large corporations and millionaires.

However, critics of the move have raised concerns that the IRS would use the extra “enforcement” money and tens of thousands of extra agents to target middle-class Americans instead.
 

NextJen

Raisin cane
PREMO Member
A7279DA6-9B00-47F3-AFEB-19F3BF93678B.jpeg
 

herb749

Well-Known Member

IRS Commissioner Says Agency Is ‘Absolutely Not’ Increasing Audit Scrutiny on Small Businesses, Middle-Income Americans


Democrats have argued that the funding is needed because “hardworking American families pay their taxes on time while wealthy millionaires and billionaires avoid paying the taxes they owe to the federal government” and the IRS needs to tackle this.

“Without these new investments, those at the top will be able to get away with more and more tax avoidance. That’s not fair to the tens of millions of honest, hardworking taxpayers who play by the rules,” lawmakers said.

Democrats have pointed to a May report from the Government Accountability Office showing that IRS audits have dropped over the past decade for all income levels, including higher-income taxpayers.

A March 2021 report (pdf) by the Treasury Inspector General for Tax Administration found that IRS audits had dropped by 44 percent overall between fiscal years 2015 and 2019.

The IRS has blamed the declining audit rates on staffing issues and the lack of experts needed to handle complex higher-income audits.

They have also cited a recent poll by Data for Progress, in which nearly three-quarters of Americans said they believe the IRS should conduct more tax audits of large corporations and millionaires.

However, critics of the move have raised concerns that the IRS would use the extra “enforcement” money and tens of thousands of extra agents to target middle-class Americans instead.

They will run out of rich people quickly and go searching for more targets. This is a big mistake on the part of democrats. People dislike the IRS most of any govt agency.
 

Hijinx

Well-Known Member
87,000 more affirmative action hires sucking on the government tit.

Yes once hired they come under civil service rules and can't be fired.
Paychecks until retirement, benefits , health insurance, retirement.
By the time these people retire the 80 Billion dollars will turn into a Trillion.

And they still won't answer the freaking phones.
 

SamSpade

Well-Known Member
Facebook friend of mine is already posting items that Facebook is blocking because it says that the claim it will raise taxes on everyone is disinformation.
 

glhs837

Power with Control
Facebook friend of mine is already posting items that Facebook is blocking because it says that the claim it will raise taxes on everyone is disinformation.

And the "proof" that its not going to is basically politicians saying it wont.
 

GURPS

INGSOC
PREMO Member
🔥 In fact-checking news, yesterday the AP “fact-checked” the claim that 87,000 proposed new IRS agents in Biden’s Inflation Reduction Bill would create a “mob of armed auditors targeting middle-class taxpayers.” What nonsense! The AP helpfully fact-checks that vicious and unfounded rumor as false.

Wait! Sorry, sorry. My mistake. They didn’t fact check it as FALSE. They labeled it, “misleading.” Misleading because not ALL of the 87,000 new employees will be auditors, you see. They are hiring TWO kinds of folks: “The Treasury says it will hire experienced auditors and workers who will improve taxpayer services.”

So stop lying about the bill! True, it WILL create a mob of auditors targeting middle-class taxpayers, but there will ALSO be some new workers IMPROVING the audits. And not all of them will carry guns. So please get it right and quit misleading everybody.







The AP inadvertently fact-checked something right though — the claim that only corporations will pay the new taxes. AP quoted economists who said something very similar to what I did about those taxes:

It’s possible, though, that the bill’s new corporate taxes, including a minimum 15% tax for large corporations, could cause indirect economic impacts… “Economists are generally in agreement that the corporate income tax is borne not just by the businesses, but also by shareholders and by workers,” Holtzblatt said. “So that tax that gets imposed on the corporation, some of that might end up getting shifted to workers in the form of lower wages.”​

Added Garrett Watson, a senior policy analyst at the Tax Foundation: “Distinguishing between whether lower after-tax incomes happen because of a direct tax hike or indirect incidence may be a distinction without a difference for many households.”​



Now, the AP used those quotes to fact-check as FALSE the claims that taxes were going to be raised on lower-income folks. That’s how fact-checking works. See, the economic impacts on people making under $400,000 will be INDIRECT effects, so it’s false to say TAXES are raised on the middle and lower class. They’ll just be paying higher PRICES for everything, in the exact amount of the taxes.

Try to keep up.


 
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