As part of the recently passed misnamed Inflation Reduction Act, there is funding for the IRS to hire an additional 87,000 agents and employees, ostensibly to crack down on audits on millionaires and billionaires but not middle-class families and small business owners.
Yet, according to Florida Gov. Ron DeSantis (R), millions of middle-class and small business-owning Americans are exactly who President Joe Biden’s beefed-up IRS will target in the coming years, Breitbart reported.
DeSantis shreds so-called Inflation Reduction Act
Gov. DeSantis held a press conference Tuesday in Suwannee County to announce funding for a new infrastructure project and spent a few moments discussing the likely impact of the so-called Inflation Reduction Act that was pushed through Congress by Democrats and signed into law by President Biden.
“There’s so many offensive things, and a lot of people aren’t talking about it,” DeSantis said, first in regard to how it is “kneecapping” domestic energy production when energy prices remain high as well as how “they actually impose taxes on energy production on both oil and gas. And so how is that going to cause you to pay less when they’re taxing it more?”
He aptly noted that “those taxes are going to be passed on to all of you in the form of higher prices,” which he deemed to be “counterproductive,” before shifting focus to address the “salt in the wounds” of the law’s increased funding for the IRS to hire 87,000 more agents and employees — again, supposedly to only go after millionaires and billionaires.
Expanded IRS won’t be going after just billionaires
“First of all, there’s not that many billionaires to need 87,000,” DeSantis said, according to Newsmax. “Second of all, billionaires have accountants, they have lawyers, and a lot of what billionaires do is they exploit the loopholes that Congress has put in the tax code over the years. That’s just the truth.”
“There was an amendment that was offered in the Senate when this bill was being debated that said you cannot use any of these IRS agents to go after anyone earning less than $400,000 a year. The Democrats voted that amendment down so it can go — it can go for anybody,” he continued.
“Who are they going to go after? They’re gonna go after the people that don’t have the wherewithal to withstand these audits,” the governor said. “People that have lawyers and accountants, they know how to do this, but they’re gonna go after a sole proprietor. They’re gonna go after some handyman. They’re gonna go after somebody driving an Uber or somebody owning a family restaurant. That’s who they’re gonna go after, because you can turn the screws on those folks, and you can really get a pound of flesh.”
IRS will target “people they don’t like”
Gov. DeSantis also pointed out that President Biden’s IRS will “go after people they don’t like,” and cited recent rhetoric from certain Democratic politicians as evidence, such as Biden’s own smear of his political opponents as being “semi-fascist.”
“They’re using the power of the state to weaponize that against people that they don’t like, and so who do they not like? Well, they don’t like people who are small business people, people who are individual entrepreneurs, whatever, so that’s where that’s going to go, and that’s gonna have a really devastating effect,” he said.
“So it’s a slap in the face for a government that doesn’t even enforce the law itself at the border and other places to be going after Americans based on technicalities in the tax code” that is too complex for anybody to fully understand, DeSantis added, with a final note that the new law “is not going to reduce inflation one red cent. If anything, it’s going to increase inflation.”