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The IRS is About to Go Beast Mode

 

The IRS is About to Go Beast Mode

Yesterday’s Wall Street Journal story has American Taxpayers Nervous!

It discusses the Schummer-Manchin tax bill…

Here are some of the main points:

  • Proposed $80 billion increase (that’s $80,000,000,000) is more than 6 times the current budget of $12.6 billion
  • Mainly targets the middle- and upper-middle class because that’s where the money is…
  • This is Plan B since democrats were not able to increase taxes on the top tax brackets
  • Don’t expect better service from the IRS… (like the IRS answering the phone or replying to a letter/fax)…
  • $15 million is earmarked to study Elizabeth Warren’s ides of allowing the IRS to figure your taxes for you.

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