August 2022

Why is the IRS Amassing Ammunition?

According to a Government Accountability Office report, in 2018, there were 2,148 law enforcement officers working for the IRS’s Criminal Investigation Division. They were armed with 4,461 weapons, including 15 fully automatic weapons and more than 5 million rounds of ammunition.

The division investigates “potential criminal violations of the Internal Revenue Code and related financial crimes in a manner that fosters confidence in the tax system and compliance with the law.”

More Lies From Congress to Screw Small Businesses

I have been saying that the IRS has been itching to go after small business. Well, the Congressional Budget Office (CBO) informed lawmakers that audits of taxpayers making under $400,000 accounts for about $20 billion in revenue for the Inflation 'Increasing' Act - in spite of their lies that nobody making under $400,000 would see any harm from this bill.

Democrats Want to Give IRS More Control Over Our Lives

Tucked into the tax and spending bill that passed the Senate this weekend was a $15 million provision to study allowing the IRS to prepare taxes.  What could possibly go wrong with that?

A small part of the $80 billion IRS funding in the Inflation Reduction Act includes the $15 million dedicated to fund a task force to study the cost and feasibility of creating a free direct e-file program. This means having the IRS do your taxes for free. Talk about a conflict of interest!

Supersized IRS Will Shrink Liberty

Aug. 16 - West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase. Instead, he claimed, the bill simply closes a loophole that allows corporations to avoid paying all the taxes they owe. Despite what Senator Manchin says, the fact is the new minimum tax increases the amount of money some corporations must hand over to the government; in other words, it increases their taxes.