Thursday, January 12, 2023

House Republican bill defunding 87,000 IRS agents is a farce

Theoretically anybody who likes to complain about the federal deficit — as Republicans do — should be fond of the idea of a highly functional IRS, since it's a rare opportunity to generate more government revenue without additional taxation. But they'd rather exploit milquetoast reform efforts at the IRS for political fear-mongering and shielding the 1 percent. Meanwhile the CBO says that the Republicans' new bill would add $114 billion to the deficit over the next decade...


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