House GOP passes Israel aid bill offset by IRS funding cuts

i'm all for cutting something if it means me getting a pay raise

 

By collecting owed taxes. Jeez!

 

I don’t have to figure out anything because he’s right. You’re the one who can’t mount a defense.

 

How about we sunset the tax bill trumph pushed through for him and his billionaire buddies? Just like the middle class tax cut he threw out there as a crumb for the rest of us. That part expires next year.

That should pay for it nicely.

 

The absurdity of MAGA Mike's bill is that he rationalizes the defunding of the IRS on the basis that it would offset the cost of aid to Israel when in fact spending on the IRS is one of the few forms of federal spending that actually has a positive return on investment. Reducing the funding of the IRS would actually increase rather than reduce the deficit.

Edit: For the "Come on man" commenter.
For every extra dollar invested in the IRS, the government could be getting $6 back

 

Repubs want people to cheat on their taxes.

 

The mind blowing part is the amount of low income MAGA followers that are brain washed into thinking the IRS is coming after them.

 

We all know the CBO is always correct!!

 

How about we offset the tax bill of ordinary citizens by the real inflation rate (including food, energy, and housing) caused by printing endless money and funneling it to Ukraine, Israel, and the rest of the corporations.

 

That tax bill was passed without a way to pay for it under the ruse that we needed to stimulate an already strong economy. I didn't know we had billionaires amongst us here.

 

I was offering an alternative to the one you were decrying.

 

I know what you did, I don't agree with it based on my response.

 

Evidently the cbo logic is biden needs to hire 100,000 more IRS agents...will save a shit load more money.

 

I have no idea how many IRS employees it should take to do the job. I've also always understood calls to simplify our tax code. But the hyper-focus and partisan fight over IRS staffing has been odd to me from the beginning.

 

They've been much more accurate than that of the Trump Administration and given that MAGA Mike probably relies on a methodology similar to that of Trump I would rely on the CBO before I would rely on the MAGA Speaker of the House. Keep in mind that in 2017 the Trump Administration and Congressional Republicans predicted that Trump's 2017 tax cuts would have relatively little impact on the deficit while the CBO accurately predicted that the deficit would increase.

 

And Biden proposed hiring 100,000 more agents? Who knew. Biden proposed hiring 87,000 new IRS employees a number of whom were not agents and that was over a 10-year period with a number being replacements of employees lost through attrition, primarily retirement.

 

I mean, maybe.

There is some moving amount X of outstanding tax dollars almost exclusively owed by people with means to evade them. That isn't the middle class. So you will indeed have to hire people to combat the tax cheats. As long as that costs <X, then it's a good ROI.

Is it 8000 a year for a decade, or 100,000, or 250,000? Don't know, but math exists to get a decent estimate for those with access to the data.

But it is surely not a negative number. Although a negative number is unquestionably yet another windfall for the only people who matter, and that is the top few % of incomes. And since this already includes some of Congress, and a whole bunch of merely rich representatives who aspire to get there and see that path as taking care of the existing club members, it is not surprising that this group would pursue these actions. What is surprising is how they have convinced so many people who have no prayer of being in this club that they are also on The Path.

 

Jets and tanks don’t grow on vines and infrastructure doesn’t just appear out of the ground. Maga is all about emotion.
No one likes paying taxes but just breaking stuff is not effective government. Be logical.


“The cuts would also hamstring efforts to close the “tax gap” — hundreds of billions of dollars the government is owed every year but fails to collect.

“Paying for new spending by defunding tax enforcement is worse than not paying for it at all, said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB), in a Monday statement.”

GOP plan to ‘offset’ Israel aid with IRS cuts would backfire, budget experts warn




Reminds me of Dear Leader on Covid….

“Think of this, if we didn't do testing, instead of testing over 40 million people, if we did half the testing we would have half the cases,"