New IRS Army Should Start by Auditing Members of Congress , Cabinet Appointees , US Government Agency Heads

the staff of the Ridgewood blog

Ridgewood NJ, the 87,000 new agents being hired by the IRS will make the IRS larger than the US Army . The IRS will have 3.6 million employees compared to the US Army of 1.4 million . The head of the Internal Revenue Service claims that the tax collecting agency will “absolutely not” use $80 billion in new funding to step up audits of low- and middle-income Americans, but recent history would refute that .

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One of a number of scandals that plagued President Barack Obama and his administration involved the IRS targeting tea party groups after 2010. It seemed that their tax-exempt status requests were denied or delayed due to intense political partisanship in the agency.

IRS Commissioner Charles Rettig tried to reassure the US Senate in a recent letter about the 87,000 new agents who will be hired as part of the so-called Inflation Reduction Act.

In an oft-repeated haughty claim by Maryland’s Dem Senator Ben Cardin: “If you’re not cheating on your taxes, you have nothing to worry about.”  So we suggest the IRS start by auditing members of congress , cabinet appointees , US government agency heads after all they should have , ” have nothing to worry about“.

Perhaps U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), will volunteer to be the first audit since he is so adamant that the IRS is not doing enough audits .

The 87,000 new agents are expected to conduct more than one million new audits and many Ridgewood and Bergen County residents will be targets .Anyone who has ever undergone the root canal surgery of an IRS investigation knows that the cost of defending yourself or your business can range from tens of thousands to millions of dollars.

William Henck, a former Internal Revenue Service (IRS) lawyer who was forced out after making allegations of internal malfeasance, said the government will target middle-income Americans with new audits under the Inflation Reduction Act.

Americans with an annual income of less than $75,000 would be subject to nearly 711,000 new IRS audits under the legislation, according to a House GOP analysis that used historic audit rates. By comparison, individuals making more than $500,000 will receive about 95,000 additional audits as a result of the Inflation Reduction Act.

Democrats on Capitol Hill  do not care what this new IRS arsenal will cost private citizens and businesses. (It’s all about plucking more feathers from the geese.)

So here are some of the costs on the private sector as assembled by our friend Chris Edwards of the Cato Institute :

• The Office of Management and Budget estimates that individuals and businesses currently spend 6.5 billion hours a year on federal tax paperwork.
• This is the equivalent to 3.6 million people working full‐time on this unproductive activity. The late economist Walter Williams once famously calculated this is more man hours than to build every car, van, truck, and plane built in America.
• This is also two and half times larger than our uniformed military of 1.4 million service members, as shown in the chart.
• In order to combat Biden’s expanded IRS Army, private citizens and businesses will be forced to hire the equivalent of 140,000 more tax lawyers, accountants, bookkeepers, psychiatrists, etc. to combat the auditors.
• A simple flat tax would reduce compliance costs by as much as 90%, but of course, this bill ADDS scores of NEW complexities to the tax code.