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New Biden Tax Law Causes Panic for Americans

by Market FinancePosted onAugust 2, 2022August 2, 2022

Americans have to foot the bill.

President Biden and his administration is now going to give the IRS a whopping $80 billion taken from the America taxpayers so they can go after small businesses to generate more revenue for themselves.

Americans for Tax Reform President Grover Norquist sat down with Fox News to discuss the new details of this plan.

In transcript provided by Fox, Norquist explained, “They want to take $80 billion from taxpayers, $80 billion and hire 87,000 more bureaucrats in the IRS. They’re going after small businesses. The IRS itself says they’re going to dramatically increase how they go after independent contractors and small businesses, not General Motors, smaller businesses. That’s where they think they’re going to make their money.”

Norquist added, “They’re going to give the IRS more money for offices. Odd, 53%. The IRS admits 53% of their staff, they don’t come in at all. The other 47%. Sometimes unclear how often people come in. There are a lot of empty offices at the IRS. They’re going to get more cars for the IRS. When reports of internal looking at the IRS said they’re not using the cars correctly, it’s not clear people aren’t misusing them for their personal use, and they don’t need anymore.”

He then said, “They’re putting these new people into enforcement, not answering the phones…They’re massively increasing their ability to audit. You know, the number of people they want to hire is larger than all of the servicemen and women who serve on aircraft carriers around the world. It’s a large number.”

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Published by Market Finance

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