Democrats’ ‘Inflation Reduction’ Bill To Make The IRS Larger Than FBI, Border Patrol, State Department Combined
by Alicia Powe, The Gateway Pundit:
The Senate on Sunday passed the Democrats’ sweeping economic package that would allocate billions of taxpayer dollars to facilitate the expansion of the Internal Revenue Service’s workforce.
The IRS would receive $80 billion if H.R. 5376, the $750 billion “Inflation Reduction Act” passes the House and lands on Biden’s desk. The funding would mark a 600 percent increase from 2021 when the bureau received $12.6 billion.
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The reconciliation package would also double the current IRS workforce by hiring an additional 87,000 employees to the bureau’s staff of 78,661 employees, a move that would make the IRS larger than the Pentagon, State Department, FBI and Border Patrol.
“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,” the Washington Free Beacon reports.
Democrats claim the majority of additional revue from IRS audits would come from the wealthy upper class, but a study from the Joint Committee on Taxation shows the audits would cripple the middle class, the publication notes:
The additional IRS funding is integral to the Democrats’ reconciliation package. A Congressional Budget Office analysis found the hiring of new IRS agents would result in more than $200 billion in additional revenue for the federal government over the next decade. More than half of that funding is specifically earmarked for “enforcement,” meaning tax audits and other responsibilities such as “digital asset monitoring.”
The majority of new revenue from IRS audits and scrutiny will come from those making less than $200,000 a year, according to a study from the nonpartisan Joint Committee on Taxation. The committee found that just 4 to 9 percent of money raised will come from those making more than $500,000, contrary to Democrats’ claims that new IRS agents are necessary to target millionaires and billionaires who hide income.
The Senate voted to pass H.R. 5376 on a party-line vote, with Vice President Kamala Harris breaking the tie. The bill goes to the House, where it will likely pass.
