The Build Back Better legislation, misnamed The Inflation Reduction act, would more than double the size of the IRS. The IRS plans to hire more than 86,000 workers, greatly expanding the government’s feared enforcement arm.
There are 172,000 active-duty Marines, and now we will have 163,000 IRS agents, and they have access to guns.
Who in their right mind would want to invest in the IRS?
The bill contains only a few short pages of text explaining the provisions. It’s so vague that the IRS can do anything they want.
On page 17 of that document (see below) a chart shows that the IRS wants to hire 86,852 agents, expressed in this chart as “FTEs,” or full-time equivalent employees.
They will go after the average American, not just the rich. They will quickly run out of rich people with the spending they are engaged in.
The information first appeared in The Federalist.