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U.S. Senator Capito, GOP senators blast Democratic plan to spend $80B to hire more IRS agents, saying it will hurt small businesses

By David Beard, The Dominion Post

MORGANTOWN, W.Va. – Sen. Shelley Moore Capito joined with other GOP senators at the U.S. Capitol on Tuesday to blast a Democratic proposal to increase Internal Revenue Service funding by $80 billion to beef up tax collection and enforcement.

The proposal is included in the Build Back Better legislation now before the Senate. More than half of the money would go toward hiring 87,000 new enforcement agents; it also includes $105 million to hire new regulation writers, they said.

President Biden and Democratic supporters say the $80 billion expenditure could produce $400 billion in collections of unpaid taxes to help pay for Build Back Better.

News reports indicate the IRS lost 33,378 employees from 2010 to 2020, including tax return auditors and tax collectors.
Sen. Mike Crapo, R-Idaho, led the press conference. While Republicans warded off the proposal to trigger an IRS alert for every $600 transaction in someone’s checking account, he said, this proposal will still be invasive and harmful…

To read more: https://www.dominionpost.com/2021/12/14/capito-gop-senators-blast-democratic-plan-to-spend-80-to-hire-more-irs-agents-saying-it-will-hurt-small-businesses/

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