Is the IRS Going to Come After Your Hard Earned Money? | Eastern North Carolina Now | How the IRS’ increase in funding could result in less money in your pockets

Coronavirus Disease 2019 (COVID-19)
    Publisher's Note: This post appears here courtesy of the John Locke Foundation. The author of this post is Brittany Raymer.

    On Sunday, the Senate provided the IRS with $80 billion in funding as part of the $750 billion "Inflation Reduction Act." Many are worried that this staggering windfall, including $45.6 billion set aside for "enforcement," will result in Americans being pinched by the tax collector as inflation, high gas prices and economic instability continue.

    Benjamin Franklin famously uttered: "Our new Constitution is now established, everything seems to promise it will be durable; but, in this new world, nothing is certain except death and taxes."

    That seems more true now than ever before, as Congress recently added billions to the budget of the IRS, which could result in America's most loathed department growing by a shocking 87,000 employees. These new employees will perhaps be incentivized to aggressively target more and more Americans for tax audits, potentially resulting in many losing out on more money to Uncle Sam while facing a recession and likely stagflation.

    "If you think the federal government is out of control now, God help us when you get 87,000 new IRS agents who are looking under every rock and stone to get money out of your pocket," Sen. Lindsey Graham (R-SC) said.

    He also called the bill a "power grab in the name of climate change," as the galvanized and freshly funded agency will be grabbing every dime so that the democrats can fund their green energy policies, to the detriment of the country.

    GOP House Leader Kevin McCarthy tweeted, "Do you make $75,000 or less? Democrats' new army of 87,000 IRS agents will be coming for you-with 710,000 new audits for Americans who earn less than $75k."

    TIME magazine is defending the measure, by arguing that the increase in funding and employees is to help offset those who are retiring from the agency, which it claims is nearly half of its entire workforce.

    It also places the blame on the Republican party, which the publication argues has been behind efforts to decrease the federal footprint of the Internal Revenue Service.

    But still, is anyone happy to see more federal funding go to those determined to nickel and dime Americans during an economic downturn, especially for inefficient green energy products? The answer is no.

    The growth of the IRS is especially concerning as trust in American federal institutions has never been lower.

    There are concerns that the IRS could once again be used by the administration to target political opponents, like what happened under former President Barack Obama. During his tenure, the agency used its considerable power to audit or deny conservative nonprofits and various Tea Party groups of tax-exempt status.

    Former Attorney General Jeff Sessions apologized to those impacted in 2017: "There is no excuse for this conduct. Hundreds of organizations were affected by these actions, and they deserve an apology from the IRS. We hope that today's settlement makes clear that this abuse of power will not be tolerated."

    Does anyone believe that won't happen now? No, especially given the recent and seemingly politically motivated raid on former President Donald Trump's Mar-a-Lago home. The search was done supposedly to determine if classified and top-secret documents were mishandled, which has been posited as a smokescreen for the Department of Justice to see if there's any evidence that Trump conspired with rioters to incite violence on January 6, 2021.

    According to certain political analysts, the results of the search, if it develops into anything substantial, would be used to prosecute the former president to keep him from running again in 2024.

    Andrew McCarthy of the National Review explains the problem: "The Justice Department's legitimacy, which hinges on the public's acceptance of it as a non-partisan law-enforcer, would be at risk. If Garland is going to charge the former president, he has to be sure. He has to be able to convince the country that the public interest strongly favors prosecution."

    More IRS employees isn't comforting to Americans but worrying. As every institution seems to become more and more partisan and antagonistic to the founding principles of this country, it seems evident that the 2022 election will be one of the most critical midterm election in generations.

    That's why the John Locke Foundation's work to decrease the personal income tax rate in the latest state budget is so important for North Carolinians.
Go Back

Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )

Protest filed against Dem candidate for N.C. Senate A Business Perspective, News Services, John Locke Foundation Guest Editorial, Editorials, Business, Government, Op-Ed & Politics, State and Federal Does North Carolina Have a Teacher Shortage?


Latest State and Federal

State Policy Network’s annual meeting results in Locke winning the Bob Williams Award for Biggest Home State Win
Health officials from the North Carolina Department of Health and Human Services today announced the state’s first death this year associated with West Nile virus. To protect the family's privacy, no other information regarding the deceased will be provided.
The Child and Adult Care Food Program helps eligible children and adults access healthy, nutritious food by reimbursing qualified child care programs, adult day programs and other non-residential care programs for meals and snacks served to participants.
To ensure beneficiaries can seamlessly receive care on day one, the North Carolina Department of Health and Human Services will delay the implementation of the NC Medicaid Managed Care Behavioral Health and Intellectual/Developmental Disabilities Tailored Plans until April 1, 2023.
As North Carolinians begin to feel the impacts, including power outages and flooding, from the remnants of Hurricane Ian, officials from the NC Department of Health and Human Services are urging residents to properly prepare for impacts from the storm.
Pope Francis asked for prayers on Sunday ahead of a trip this week to the former Soviet republic of Kazakhstan for an international meeting with religious leaders.


Russia announced Saturday that it is pulling back troops from two areas as Ukraine’s counteroffensive advances in the country’s eastern region.
The North Carolina Department of Health and Human Services is working with the U.S. Department of Agriculture to help prevent the spread of rabies. Starting next week, Wildlife Services will be distributing oral rabies vaccine for wild raccoons in Western North Carolina.
N.C. State Budget Director Charlie Perusse will retire Nov. 1 after serving in the role for Democratic Governors Mike Easley, Bev Perdue, and now Roy Cooper. Cooper announced on Monday that Perusse’s successor will be Deputy Budget Director Kristin Walker, who has served in her role since 2017.
The North Carolina Department of Health and Human Services will host a live fireside chat and tele-town hall on Tuesday, Sept. 20, 6-7 p.m., to discuss updated COVID-19 boosters, testing and treatments, as well as the flu and monkeypox vaccines.
The N.C. Court of Appeals has granted a temporary stay in the N.C. Farm Bureau Federation's challenge of state animal waste regulations.
City leaders remain mostly ambivalent to the rising crime in one of the most popular US tourist destinations


Public health officials from the North Carolina Department of Health and Human Services are encouraging residents and visitors to take precautions to prevent mosquito-borne illness following recent cases of West Nile virus in several parts of the state.


Back to Top