That Schumer/Manchin “tax and pay off liberal donors” bill contains a provision to hire 87,000 new IRS agents. You hear a lot of people talking about that, and it’s horrible. But I have to point out a couple of things about it. First, if they are ever hired they would target the middle class. On an individual basis, the rich have more cash individually, but there are so many more people in the middle class that the IRS has to come after us to get any amount of money. So, when Democrats talk about this being about getting the rich to “pay their fair share,” they are lying.
Second, there aren’t 87,000 people in the country qualified for the job just sitting around knitting, waiting for the manager to call the bullpen to get them in the game. They will hire as many people as they can find because Democrats love the IRS, but this provision is an accounting gimmick. They can claim these new agents will “find” something like $200 billion in uncollected taxes (I’m making up the number, it’s the concept that matters). That $200 billion, or whatever they say they’ll get, is then spent in the bill itself.
That money will be spent no matter what, but there’s no way it will actually be collected because the potential agents don’t exist (nor does the fraud on that scale). On paper, however, it all balances. If they did this in the private sector they’d all go to prison for fraud. Since they are government, they can commit this kind of fraud anytime they want without consequence, at least to them. This is inflationary and what Joe Manchin is supporting while claiming it will lower inflation.
So don’t live in fear of 87,000 IRS agents coming to get you, live in fear of a government able to lie so freely, without concern of being caught, about spend even more money they’ll print at a time of massive inflation. And never forget the Democrats doing it, and the media happily going along with it. They’re doing more damage to the country than a million IRS agents could ever do.
townhall.com
Second, there aren’t 87,000 people in the country qualified for the job just sitting around knitting, waiting for the manager to call the bullpen to get them in the game. They will hire as many people as they can find because Democrats love the IRS, but this provision is an accounting gimmick. They can claim these new agents will “find” something like $200 billion in uncollected taxes (I’m making up the number, it’s the concept that matters). That $200 billion, or whatever they say they’ll get, is then spent in the bill itself.
That money will be spent no matter what, but there’s no way it will actually be collected because the potential agents don’t exist (nor does the fraud on that scale). On paper, however, it all balances. If they did this in the private sector they’d all go to prison for fraud. Since they are government, they can commit this kind of fraud anytime they want without consequence, at least to them. This is inflationary and what Joe Manchin is supporting while claiming it will lower inflation.
So don’t live in fear of 87,000 IRS agents coming to get you, live in fear of a government able to lie so freely, without concern of being caught, about spend even more money they’ll print at a time of massive inflation. And never forget the Democrats doing it, and the media happily going along with it. They’re doing more damage to the country than a million IRS agents could ever do.
The World Has Gone Crazy
Normally, when I sit down to write column, I have one subject in mind and focus on that.
