|
Getting your Trinity Audio player ready...
|
Remember that $80 billion in IRS funding courtesy of the Biden administration? As usual, the IRS already needs more money.
The Internal Revenue Service’s beefed-up enforcement fund—initially intended to last about a decade—could run dry in 2025 after budget cuts and a quirk in congressional funding that Biden administration officials are hoping to address before they leave office.
Deputy Treasury Secretary Wally Adeyemo said Congress would need to reach a comprehensive spending deal for the rest of fiscal 2025, or include additional language in another continuing resolution to avoid another $20 billion IRS cut from going into effect.
Adeyemo, a Nigerian immigrant who got the job because he worked on outreach for the Kerry presidential campaign, seems like he won’t have long on the job. It’s time for him to go back to Black Rock or whatever big finance firm will bring him on board. His administration isn’t setting policy anymore. And a Republican House isn’t likely to care about what he wants especially since it made this happen on purpose.
Congressional Republicans told the industry publication Tax Notes that this was part of an intentional strategy and that they tried not to call attention to it before it kicked in.
That seems to have been one of those rare congressional Republican strategies that actually worked.
Massively boosting IRS funding was one of the least popular things the Biden administration did, and considering that list also includes filling the country with millions of illegal alien criminals, abandoning Americans in Afghanistan, and causing massive inflation, that really says something.
The American people voted. And they didn’t vote for billions for the IRS.
The Internal Robbery Service just another Burracracy to have to put up with
Cloward and Piven strategies…overload the systems and bring it down. This smells of Obama 100%
Let’s not forget that neither McCarthy nor Johnson did anything to stop this and made sure that Biden and the Democrats got all of their spending priorities through. The Republicans in the House and Senate gave not one iota of pushback on anything the Biden administration did, including the censoring, debanking, bankrupting and imprisonment of thousands of Trump supporters.
Firing the 87,000 new armed IRS thugs will help.
My first thought, too!
How can you say “HA” loudly enough to the right people? Those PINK SLIPS that are being printed BY THE THOUSANDS should have that iconic image and MESSAGE that PRESIDENT TRUMP used during his tv show – YOU’RE FIRED!!
I’ve posted before that there should be a “Grace Period” where Gov’t EE’s could come forward and CONFESS to their crimes/corruptions and have their cases reviewed for severity. The least severe should be given reprimands and demotions and/or salary reductions – WITH the requirement that they expose OTHERS who were complicit! The more extreme cases should warrant dismissal, loss of benefits, and possible criminal charges. Leniency could be considered for their cooperation to expose and prosecute others! After the “Grace Period”, then all bets are off and the full hammer of Justice prevails! Now how long should that “Grace Period” be? I’d say no more than ONE MONTH from Inauguration Day! Get in line libers – your time is up and your crimes will be exposed and handled accordingly!!
Illegals in Maryland get a $2800 monthly EBT card, a separate food EBT card, 100% paid furnished apartments, and no out of pocket 100% full coverage medicare – all funded by NGO’s. The federal government in turn pays the NGOs for all this.
Follow the money.
Government should not fund NGO’s and government grants should all be reigned in and have oversight too
What a shame! Eighty thousand more unemployed former Feds.
Here is an idea. Fire those new 87,000 agents and bang, easy money.
The evidence I’m seen suggests that the IRS didn’t do their job curing covid. That is, all that “working” from home meant a lot of work wasn’t done. I responded to five payroll tax letters to clients this week for 2021 where the IRS says they were missing reports from 2021. I generally don’t see five in a year. We pulled the reports from our files and sent them in.
I had another where the IRS claims $25k wasn’t paid in 2021. Luckily I had the receipts. Payment is on-line, the records are electronic. They own the computers. We had to give them the paper copies.
Of course they need more money. It takes a lot of cash now to do three years of work, the work that was paid for but not done at the time.