Tonight President Biden’s address to members of Congress will reportedly include a call for more IRS funding, supposedly so they can go after alleged “wealthy tax cheats”:
President Biden is proposing an extra $80 billion for the IRS to crack down on tax evasion by high-earners to help fund his economic agenda. https://t.co/gUqQ9ttUbR
— Pittsburgh Post-Gazette (@PittsburghPG) April 28, 2021
Senator Elizabeth Warren is all for it, except she thinks the amount of money should be even greater:
Republicans have starved the IRS so it can't go after wealthy tax cheats. I’ve called for a $100 billion investment to rebuild and strengthen the IRS in my #WealthTax bill – this $80 billion announcement from President Biden is a good first step. https://t.co/bzp68cTNtu
— Elizabeth Warren (@SenWarren) April 27, 2021
Nothing says “progressive of the people” like rushing to the defense of the… IRS?
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Hiring more agents to go after people who hire the best tax lawyers is absolutely moronic. What will happen is that these agents will find nothing on the rich and then target the tax payer who can’t afford a high priced tax consultant. Nice job Liz ?@IamSean90 https://t.co/V7SQd17I9J
— Porkchop & Apple Pie ?? (@PortuGeezer13) April 28, 2021
They won’t go after the high earners. They will go after the people too poor to afford a lawyer https://t.co/K0bn4k1c5l
— (((Aaron “Worthing” Walker))) (@AaronWorthing) April 28, 2021
Warren didn’t mention that part, and Republicans should be pointing it out.
“Vote for us so we can use more of your money to expand our power to take even more of your money!” is a HELLUVA pitch, guys. https://t.co/0DekeAWHGE
— Josh ? (@hosesway) April 28, 2021
Someone please remind @SenWarren that higher taxes on the wealthy won’t come out of their personal expenditures, but out of their investment capital. This will mean less investment, fewer jobs, less production, higher prices, and lower standard of living for all of us. #economy https://t.co/JCQFPNCcww
— Dale Scoggin (@dalescoggin) April 27, 2021
There’s reality, and then there’s what Democrats say (which the media parrots). Then the economic downside will be blamed on Republicans.
