Biden’s Spending Bill IRS Funding Raises Taxes on Lower and Middle Classes Despite Biden Pledge
The GOP is warning that Biden’s provisions for funding radical IRS enforcement policies will raise taxes on lower and middle-class Americans despite his pledge not to raise taxes on those who can least afford it.
Biden claims that the IRS tax enforcement funding is key to the bill “paying for itself” by giving the IRS unheard of powers to take money from people who it claims have not reported their income properly.
This claim is, of course a lie. The IRS could not possibly find enough money to “pay for” Biden’s obscene $1.75 TRILLION spending bill.
The GOP says that it all amounts to a tax hike for little gain.
Per Fox News:
Republicans say an expanded IRS will target lower- and middle-income families, not just the wealthy, raising money through debilitating audits for a slate of programs that most Americans do not support. House Minority Leader Kevin McCarthy leaned into that argument during an eight-hour floor speech in which he made a final, unsuccessful case that the bill should be voted down.
“Make no mistake, under this provision, every single American is a target in the eyes of the IRS,” McCarthy said on the House floor. “You’re guilty until proven innocent. That alone is enough to defeat this bill.”
Biden and other Democratic leaders assert the increased IRS tax enforcement will ensure the wealthiest Americans pay their fair share in taxes following years of waning scrutiny. A White House fact sheet on the spending bill declares the “additional enforcement resources will be focused on pursuing those with the highest incomes; not Americans with income less than $400,000.”
Biden wants the IRS to double in size to steal away more of America’s money.
“Even the top congressional scorekeeper finds that Democrats’ dangerous $80 billion expansion of the IRS more than doubles Americans’ chances of being audited,” Ways & Means Ranking Member Kevin Brady, R-Texas, said in a statement. “As so-called ‘moderates’ move towards passing this bill, they need to know that farmers, families and small businesses will be the true targets of intensified auditing.
Like all Democrats, Biden thinks your money belongs to him, America.
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