Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Biden Laughs About IRS Going After Americans, as Yellen Gives Away His Huge Lie: The Treasury Secretary admitted under grilling that 90% of the new audits were going to be on families and small businesses
Red State ^ | 3/11/2023 | Nick Arama

Posted on 03/11/2023 8:47:06 PM PST by SeekAndFind

Joe Biden just can’t stop lying about his policies that have crushed the American people.

How long has he been telling us that he only wants to go after the “rich” people with his phalanx of thousands of new IRS agents? A long time it seems. Anyone who knows Joe Biden knows what malarkey his claim truly is and we’ve pointed out some of the lies surrounding this claim in the past.

But Treasury Secretary Janet Yellen finally admitted under grilling on Friday by Rep. Adrian Smith (R-NE), the Chairman of the House Ways and Means Trade Subcommittee, that 90 percent of the new audits were going to be on families and small businesses — lower and middle-income people making under $400,000, and not on “billionaires and tax cheats,” as Joe Biden has claimed.

🚨🚨Secretary Yellen just admitted before @WaysandMeansGOP that 90% of new audits under the Inflation Act will be on families and small businesses, not "billionaires and tax cheats."

That is exactly why @HouseGOP passed my bill with @RepSteel to rescind this funding. ⤵️ pic.twitter.com/nqmslEo4t0

— Rep. Adrian Smith (@RepAdrianSmith) March 10, 2023

Smith’s grilling revealed what deceitful characters the Biden people are.

“There’s been confusion about the meaning of the directive that you cited in the letter last August and then repeated here today,” Smith told Yellen, referencing her August 2022 letter in which she directed that the IRS shall not use new personnel or auditors “to increase the share of small businesses or households below the $400,000 threshold that are audited relative to historical levels.”

Yellen’s letter stated that “contrary to the misinformation from opponents of this legislation, small business or households earning $400,000 per year or less will not see an increase in the chances that they are audited.”

Ah, no increase. That’s good, right? Then it’s not targeting us poor schnooks (even though it’s still wrongly targeting people for making more). Not quite. Read on, there’s a problem there.

The Government Accountability Office (GAO) has said that the majority of IRS audits fall on people/businesses below $400,000.

So Smith asked what are they talking about when they’re talking about “will not see an increase” — did she mean the total number of new IRS audits or a proportionate number based on historic levels?

“I’m talking about the proportion of those small businesses and families,” Yellen responded.

“Okay. So the proportion, I mean, just for the record, the proportion is 90%,” said Smith, referencing the GAO report. “So 90% of the new audits will be, you know, according to the data, that we can expect up to 90% of new audits to be on those making less than $400,000.”

Oh, so they were playing word games with us. They’re still going to have 90 percent of the new audits falling on us. What weasels. Not that we didn’t know that Joe was lying, but they are such slimy liars, particularly playing these word games.

Meanwhile, let’s listen to Joe Biden chuckle as he talks about who the IRS agents are going to be going after.

BREAKING: Joe Biden awkwardly laughs again. This time about IRS agents going after Americans.

I know what some of you are thinking. Why not put more border agents at the border? Or schools resource officers in schools?

Instead let’s attack hard working pic.twitter.com/pfTsVENJvLhttps://t.co/Qy7sd4DEcm

— Mike Sperrazza (@MikeASperrazza) March 10, 2023

Biden does that weird whispering thing again saying the IRS agents are going to check out the accounts of the “superwealthy.” Sorry, Joe, Yellen just gave up the game, you can’t sell that lie anymore.

“I don’t know,” Biden says about the Republicans objecting to this. “We just have a very different value set.” You can say that again.



TOPICS: Business/Economy; Government; Society
KEYWORDS: audits; irstaxes; yellen

1 posted on 03/11/2023 8:47:06 PM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Target practice is in order.


2 posted on 03/11/2023 8:51:54 PM PST by ConservativeInPA (Stupidly is a moral problem, not an intellectual problem. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Given how much information the IRS already collects electronically. It’s hard to imagine that this many IRS agents can productive.

Biden might be gearing them up to harass and intimidate Americans instead of legitimate audits.

Maybe they need 60,000 auditors in hopes of finding some i left undotted on Trump’s return.


3 posted on 03/11/2023 9:00:12 PM PST by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Anyone paying attention knows that IRS audits, like the rest of the federal government enforcement arms, will be increasingly targeted against the base of the opposition party.

Lois Lerner is enjoying her retirement and not sitting in prison. They got away with it before, and so we will get more of it.


4 posted on 03/11/2023 9:38:55 PM PST by Meet the New Boss
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Is Biden competing with laughing Kamala?


5 posted on 03/11/2023 10:23:55 PM PST by Postel
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

We can’t have those 87000 new agents just sitting around.


6 posted on 03/11/2023 11:34:31 PM PST by ComputerGuy (Heavily-medicated for your protection)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Yellen, another brain dead lying MARXIST freak economist.


7 posted on 03/12/2023 12:14:04 AM PST by MadMax, the Grinning Reaper (Figures )
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN
No Big Deal!
Our communist masters know that the pathetically servile and indolent Aamerican people will just continue to roll over and spread their collective cheeks...
8 posted on 03/12/2023 12:33:27 AM PST by SuperLuminal (Where is the next Sam Adams when we so desperatly need him)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Meet the New Boss

‘will be increasingly targeted against the base of the opposition party.’
_________________

Hmmmm...true...so perhaps many will vote accordingly to protect themselves. The left plans their moves.


9 posted on 03/12/2023 5:27:26 AM PDT by xenia ( “The further a society drifts from truth the more it will hate those who speak it” George Orwell)
[ Post Reply | Private Reply | To 4 | View Replies]

To: SeekAndFind
How did a comment wet dream like this even pass into law?


10 posted on 03/12/2023 5:30:38 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Our government is garbage. Resist!


11 posted on 03/12/2023 6:07:54 AM PDT by popdonnelly (All the enormous crimes in history have been committed by governments.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The Democrats are totalitarians. They’re turning this country into the Soviet Union.


12 posted on 03/12/2023 6:09:26 AM PDT by popdonnelly (All the enormous crimes in history have been committed by governments.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The Democrats are totalitarians. They’re turning this country into the Soviet Union.


13 posted on 03/12/2023 6:09:52 AM PDT by popdonnelly (All the enormous crimes in history have been committed by governments.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

the part Yellen left out was that 99% of those would be MAGA...the intent was to give a government root canal to others thinking they had any other choice besides the UniParty


14 posted on 03/12/2023 6:10:42 AM PDT by mo ("If you understand, no explanation is needed; if you don't understand, no explanation is possible)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Biden Laughs

When he’s caught in a lie
Can’t answer a question
When he’s mad
Hunter questions

The sap is a easy read


15 posted on 03/12/2023 8:33:15 AM PDT by Vaduz (LAWYERS )
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Given that history, Smith asked Yellen for clarification on whether her directive referred to the total number of new IRS audits, or a proportionate number based on historic levels.

“I’m talking about the proportion of those small businesses and families,” Yellen responded.


16 posted on 03/14/2023 11:12:15 AM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson