A classic money sentence: “In other words, they just used your taxes to increase your taxes so they could hire 87,000 IRS agents to rifle further through your taxes in case you owe more taxes.” From Raheem Kassam at raheemkassam.substack.com:
“Nations do not escape from their past merely by making a revolution.”
Internal Revenue Service (IRS) commissioner Charles P. Rettig told Congress his agency wouldn’t increase audits on households earning less than $400,000 after being handed circa 87,000 more agents in the Orwellianly-monikered Inflation Reduction Act hurried through the U.S. Congress this weekend.
Which means they absolutely will be doing that, if historical promises by agency heads in front of the lawmakers they pretend to answer to are anything to go by. And they are.
In other words, they just used your taxes to increase your taxes so they could hire 87,000 IRS agents to rifle further through your taxes in case you owe more taxes.
Welcome to American kleptocracy.
IRS estimates (which we know are always excellent) reveal supposedly uncollected taxes of around $1trn each year. Or, as I like to call it, one-eighth of a “war on terror.”
Can you imagine how many nuclear drag queens, beagle experiments, or foreign abortions your government could (and will) buy with that cash?
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