Ask anyone in America what their least favorite agency is (if they even have a favorite) and they’ll all say the same thing: the IRS.
This group has the power to take your money by force. They are difficult to work with, are not helpful, and make the process as long as possible.
That’s why people are forced to pay tax experts to handle it for them. And if you screw up, you might sit through a painful audit—the end of which results in you possibly paying even more cash.
But now, Joe Biden is giving this toxic body even more power. To do what? Audit hard-working Americans.
From Daily Caller:
Biden believes he has found a goose that will lay golden eggs for federal revenue — a new army of IRS agents to hound Americans and corporations to pay far more taxes…
The Washington Post reported that “the single biggest source of new revenue in the plan comes from dramatically expanding the clout of the nation’s tax agency.” Slate reported, “Biden wants to fund a massive upgrade to the American welfare state by making the IRS great at audits again.”
How is Biden going to pay for all his toxic welfare programs—the ones that will reward people for not working and cripple our society?
By hurting the people who do work for a living, including the companies that employ them.
To do this, Biden wants to give the IRS more power to hunt down high earners and corporations. He wants them to conduct more audits, in a sense shaking out every couch cushion for those last pennies.
The IRS has a long history of abusing its power. It was weaponized by Obama to target conservative organizations.
And now, it seems Biden will weaponize it to punish corporations stupid enough to stay in America.
This will have an obvious result. Rich Americans (a.k.a.: job creators) and large corporations will find new ways of avoiding these abusive taxes.
That often means picking up their stakes and moving to countries not run by a tyrannical idiot.
We will see countless jobs bleed overseas, and even corporation headquarters move as well. With the increasing use of remote work, there is nothing stopping companies from hiring foreigners in other countries.
Biden is singlehandedly ensuring that America has no jobs left. But at least you get some child care, right?
- Biden is seeking to weaponize the IRS to conduct many more audits.
- The audits will target rich Americans and companies, to fund his bloated spending.
- This will most likely result in more companies and jobs leaving the country.
Source: Daily Caller