By: George William
The Inflation Reduction Act, passed the Senate and is expected to be passed by the House to then be signed by President Biden. Many things are included in this bill. One of which is the strengthening of the IRS.
Over the next ten years, the IRS is going to receive a total budget increase to $80 billion. An amount that has been figured to allow the agency to hire upwards of 87,000 new personnel.
In a page that has since been taken down (but was recorded) the IRS posted the requirements for new hires. Two of those requirements were as follows:
- Carry a firearm and be willing to use deadly force, if necessary.
- Be willing and able to participate in arrests, execution of search warrants, and other dangerous assignments.
As the Daily Wire reports, “In addition to carrying guns and badges, investigators in the IRS Criminal Investigation branch, who have carried firearms and used special equipment for years, will be outfitted with all the trappings of police officers. Other investigative equipment at their disposal includes fleet and surveillance vehicles, radio communication equipment, body armor, electronic surveillance equipment, audio and video equipment, cameras and lenses, night vision equipment, optical equipment, funds for confidential informants, and something called “padded training suits.” The IRS bought $700,000 in ammunition earlier this year.”
The head if the IRS, Commissioner Charles Rettig wrote in a letter to the Senate that the agency would not be going after people and businesses with smaller incomes.
“The resources in the reconciliation package will get us back to historical norms in areas of challenge for the agency — large corporate and global high-net-worth taxpayers — as well as new areas like pass-through entities and multinational taxpayers with international tax issues, where we need sophisticated, specialized teams in place that are able to unpack complex structures and identify noncompliance,” Rettig wrote.
She continues, “These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans,” Rettig wrote. “As we’ve been planning, our investment of these enforcement resources is designed around the Department of the Treasury’s directive that audit rates will not rise relative to recent years for households making under $400,000.”
However, the Joint Committee on Taxation says otherwise. the group believes that around 80% of the new funding will come from those making less than $200,000. Joe Hinchman, executive vice president at National Taxpayers Union Foundation, told the New York Post, “The IRS will have to target small and medium businesses because they won’t fight back. We’ve seen this play out before … the IRS says ‘We’re going after the rich’ but when you’re trying to raise that much money, the rich can only get you so far.”
“The rich have their lawyers and fight it — that’s why the poor are easier to go after,” Hinchman adds.