This is straight out of the book of the Bolsheviks of the early part of the century. They too hired a bunch of goons to insure their war on the serfs was all about subjugation. More to the point is the fact this move is strictly for intimidation purposes and should they succeed expect a new level of it as the nation draws closer to the mid-term elections. Read what you will into this latest development, but the “Inflation Reduction Act” that recently passed the senate is giving 80 billion reasons for the IRS to be put on steroids along with Armed agents that will be used to enforce Taxation collection. Get ready because if this passes the house and Biden signs this into law you can bet your bottom dollar (no Pun intended) that it will be the middle class and small businesses that they seek to destroy it with.
The “Inflation Reduction Act” does everything except reduce inflation.
The Inflation Reduction Act, which passed the Senate on Sunday and the House is expected to take up Friday, raises taxes and will give the IRS billions to go into what the Wall Street Journal called “beast mode.” In all, the bill will dole out about $80 billion to the IRS for increased enforcement, operational improvements, customer service, and systems modernization.
That money is more than six times the current annual IRS budget of $12.6 billion. The bill says a whopping $45.6 billion will be for enforcement, which is the main directive from Democrats to the IRS. Get bigger, tougher and faster at collecting. Reports suggest that the IRS will hire 87,000 new agents, and with more than $45 billion being shoveled into enforcement, change is coming.
The job listing says:
As a Special Agent you will combine your accounting skills with law enforcement skills to investigate financial crimes. Special Agents are duly sworn law enforcement officers who are trained to “follow the money.” No matter what the source, all income earned, both legal and illegal, has the potential of becoming involved in crimes which fall within the investigative jurisdiction of the IRS Criminal Investigation. Because of the expertise required to conduct these complex financial investigations, IRS Special Agents are considered the premier financial investigators for the Federal government.
Lastly, food for thought!