| | "Inflation Reduction Bill" |  |
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: "Inflation Reduction Bill" Mon Aug 08, 2022 10:58 pm | |
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The Wise And Powerful
Admin
Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High
| | Subject: Re: "Inflation Reduction Bill" Tue Aug 09, 2022 12:39 am | |
| - Quote :
- “The bill adds $80 billion, and 87,000 new staff members, to the Internal Revenue Service — and there is no guarantee that they will simply focus on wealthy tax evaders rather than auditing ordinary Americans with lower incomes.”
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 7:11 pm | |
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The Wise And Powerful
Admin
Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 7:36 pm | |
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 8:09 pm | |
| Obi .. I copy and paste the image link and use the img /img tags around it and it doesnt work .. Do i need to include the size attributes in the img tag? |
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 8:12 pm | |
| The link in your post is different/longer than the one i copy and pasted |
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The Wise And Powerful
Admin
Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 8:19 pm | |
| - Grackle wrote:
- Obi .. I copy and paste the image link and use the img /img tags around it and it doesnt work .. Do i need to include the size attributes in the img tag?
You posted the page link, the image link was separate, so I added it. |
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The Wise And Powerful
Admin
Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 8:20 pm | |
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: Re: "Inflation Reduction Bill" Wed Aug 17, 2022 9:52 pm | |
| - Quote :
- To get that, you need to right click on the image of the page URL you posted:
ahh .. I get it.. I'll have to find a way to right click on this phone .. This is nothing like my PC or laptop .. ... Thanks |
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Temple
Regular Member
Posts : 7317
Join date : 2014-07-29
| | Subject: Treasury Dept. Debunks GOP Lies About 87,000 Armed IRS Agents. Sat Aug 20, 2022 11:16 pm | |
| 8-20-2022
'Deeply dangerous nonsense':
Treasury Dept. debunks GOP lies about 87,000 armed IRS agents.
An official from the U.S. Treasury Department confirmed Friday that, contrary to the unrelenting barrage of lies repeated by GOP operatives for over a week, the Internal Revenue Service___
is not going to hire 87,000 new agents to harass working people at their homes.
The far-right lawmakers have sown disinformation about how the law's provision of roughly $80 billion in new IRS funding over 10 years—money intended to help the agency crack down on rich tax cheats—poses a threat to every American.
Last week, Rep. Lauren Boebert (R-Colo.) went so far as to claim that Democrats are "using the power of the federal government for armed robbery!" Rep. Marjorie Taylor Greene (R-Ga.) has made similar allegations.
Where does this oft-repeated number of IRS agents come from?
"The 87,000 figure does exist, buried within a May 2021 Treasury Department report when the Biden administration was pushing a bigger spending bill with the same $80 billion IRS funding,"
Reuters noted Friday.
"The report estimated the money could fund 86,852 full-time hires through 2031."
But the actual net increase in staff would be much lower, as the IRS expects more than 50,000 aging Baby Boomer employees to retire over the next half-decade.
In addition to an unspecified number of new revenue agents—there were 8,321 in fiscal year 2021—the agency is looking to hire tens of thousands of new information technology specialists and customer service personnel who can create a user experience more akin to online banking, Natasha Sarin, Treasury counselor for tax policy and administration, told Reuters.
There are 2,100 special agents in the IRS Criminal Investigation branch who are authorized to carry firearms
but right-wing assertions that all 87,000 new hires would be auditors, criminal enforcement agents, or armed are
"deeply dangerous nonsense—and false," said Sarin.
"The speed and voracity with which [Republicans] are coming at this is really a testament to how important these resources are going to be—because there are many wealthy tax evaders that stand to lose a lot," Sarin continued.
The GOP's intentionally misleading attacks come after a decade of budget cuts approved by congressional Republicans__
left the IRS with 16,000 fewer employees in 2021 than it had in 2010.
As ProPublica has documented, the IRS now audits low-income taxpayers at the same rate as the top 1%, but that is a direct result of years of austerity, which have undermined the agency's ability to audit the rich.
The IRA's boost in IRS funding aims to rectify this injustice and to begin closing an estimated $600 billion annual "tax gap"—
the difference between taxes paid and owed—
by strengthening enforcement against the complex avoidance strategies used by the wealthy, especially those with murky sources of income.
New information technology hires will develop "tools to identify more high-end audit targets," Reuters reported. "To target wealthy taxpayers and handle sophisticated audits, Sarin said the IRS needs mid-career individuals with accounting and often tax law experience."
The Congressional Budget Office estimates that the increase in IRS funding will raise $204 billion in additional revenue over 10 years, while the Treasury projects that the real revenue impact will likely be $400 billion over a decade—a substantial portion of the IRA's climate and healthcare spending.
Earlier this week, Treasury Secretary Janet Yellen instructed IRS Commissioner Charles Rettig—a scandal-plagued Trump appointee who spent decades battling the agency—to submit an $80 billion spending and hiring plan within six months.
Yellen previously directed the agency not to use any new resources to increase audits of people making less than $400,000 per year.
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Grackle
Posts : 2495
Join date : 2017-09-09
| | Subject: Re: "Inflation Reduction Bill" Sun Aug 21, 2022 1:00 am | |
| I haven't read anywhere that all 87,000 new IRS agents will be armed .. I'd like to see a quote from somebody that said that
.. The article implies that the 87,000 new agents are to replace IRS (baby boomer) agents that will retire ...so how can double the number of agents retire than are even employed with the IRS?
87,000 .. Try to put that in perspective ..Are the current IRS agents incompetent or unable to do the job to where their numbers need to be *doubled*? .. And it's a fact that they're hiring armed agents with permission to use "deadly force" ..IOW they can KILL YOU if/when they see fit ..at their disgression i suppose ..Isn't that a new "liberty" they're being given?
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The Wise And Powerful
Admin
Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High
| | Subject: Re: "Inflation Reduction Bill" Sat Aug 27, 2022 7:44 pm | |
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| | "Inflation Reduction Bill" | |
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