Introduction
The Biden administration’s proposal to add 87‚000 new IRS agents has an air of menace and foreboding. For years‚ the IRS has been viewed with suspicion‚ charged with harassing citizens and small businesses alike. Adding tens of thousands of new agents to its already impressive roster could mean a new level of interference and control over the lives of everyday Americans.
The Republican Party’s Concern
The Republican party has long been concerned about the IRS’s expansion. Congressman Byron Donalds has warned that adding so many new agents will only result in audited middle-class families and small business owners. This warning has been echoed by House Republicans who want to claw back all unspent funds allocated to the IRS. They believe that such a move will protect taxpayers from being harassed by an army of nickel-and-diming agents.
The Delayed Regulations of Small Businesses
The IRS’s delayed implementation of regulations that could collect millions from small businesses using digital payment services further reinforces concerns about the bureau’s added power. As it stands‚ small business owners are struggling to make ends meet‚ and the prospect of facing more IRS scrutiny is daunting. With the new proposal‚ small businesses May be forced to hire additional staff just to handle the huge increase in paperwork and regulations.
The American Rescue Plan Provision
The American Rescue Plan provision requiring companies to send self-reporting forms to users collecting over $600 through payment systems could harm small businesses and ordinary citizens. The provision requires significant record-keeping and bureaucratic measures. This requirement could slow down payment processing and potentially hurt small businesses that don’t have the resources to comply.
An Expanded IRS Workforce Could Spell Disaster
An expanded IRS workforce unfairly burdening hard-working Americans with fines and penalties is the elephant in the room. The expanded workforce would increase the enforcement of tax payments and regulations‚ subjecting the middle class and small businesses to an unprecedented level of scrutiny. These citizens‚ who already carry a significant tax burden‚ May become overwhelmed by the increased fines and penalties that come with an expanded IRS.
The Risks of Corruption
Recent years have seen whistleblowers come forward with evidence of corruption and criminal activity within the IRS. An expanded IRS workforce could lead to an increase in corruption‚ as more agents become involved and more oversight is required to ensure they remain honest. The public already distrusts the bureau‚ and adding tens of thousands of new agents will only fan the flames of this distrust.
Conclusion
In conclusion‚ the Biden administration’s plan to expand the number of IRS agents in such a dramatic fashion raises legitimate concerns. It will only result in audited middle-class families and small business owners‚ further burdening those who are struggling to get by. An expanded IRS workforce May lead to a surge in corruption and criminal activity‚ undermining the good work that the organization does.
The Republican party is right to be concerned about the expansion‚ and small businesses May soon be forced to hire additional staff or face the consequences of non-compliance. As the American public debates the potential consequences of adding tens of thousands of new IRS agents‚ it is vital to remember the risks and pitfalls that lie ahead.