Monday August 8, 2022 – We have been reporting on the massive expansion of the IRS for some time. Several times, it looked like the expansion was dead, dead, dead.
But, no. IRS Expansion was ALWAYS going to happen, as long as the Democrates have Congress. They can’t spend more money unless they raise more money. And they can’t say they are raising taxes. So, they have to invent gimmicks and work arounds. Like increasing audits to tax the rich.
We all know, the additional 1.2 million audits per year will taget everyone but the wealthy.
Attorney Steven A. Leahy goes through the numbers on Today’s Tax Talk.