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Biden seeks $80 billion to boost IRS enforcement
CNN ^ | APR 27, 2021 | John Harwood, Phil Mattingly and Kate Sullivan

Posted on 04/27/2021 8:28:57 AM PDT by deport

10:03 AM ET,

President Joe Biden will seek $80 billion to fund enhanced Internal Revenue Service enforcement of high-earners to help pay for his American Families Plan, which he is set to unveil later this week, two sources briefed on the proposal told CNN.

The administration believes the enhanced measures to crack down on tax evasion will increase revenue for the government by $700 billion, although some outside experts are skeptical and the Congressional Budget Office -- the accepted scorekeeper -- is unlikely to project that much revenue.

(Excerpt) Read more at cnn.com ...


TOPICS: Business/Economy
KEYWORDS: biden; irs; tax
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1 posted on 04/27/2021 8:28:57 AM PDT by deport
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To: deport

I think history has shown where this money will go


2 posted on 04/27/2021 8:29:52 AM PDT by newzjunkey (America First - bring on Giant Meteor in 2021)
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To: deport

Conservatives, start your CPAs.


3 posted on 04/27/2021 8:31:55 AM PDT by aynrandfreak (Being a Democrat means never having to say you're sorry)
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To: deport

Under Obama the IRS was the political police, squashing any attempt to fundraise for Conservative issues.


4 posted on 04/27/2021 8:31:59 AM PDT by Skywise
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To: deport

High Earners = Deplorables, regardless of income.


5 posted on 04/27/2021 8:32:45 AM PDT by beef (The Chinese have a little secret—diversity is _not_ a strength.)
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To: deport

No..


6 posted on 04/27/2021 8:33:48 AM PDT by glimmerman70
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To: deport

How about starting in Hollywood where they deduct for travel, hair, clothes, makeup, mani/pedicure, and most everything a regular person doesn’t. God knows what other deductions they have for their privilege.


7 posted on 04/27/2021 8:36:27 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016 )
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To: deport

DEFUND the IRS.


8 posted on 04/27/2021 8:36:58 AM PDT by ConservaTexan (February 6, 1911/June 14, 1944)
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To: deport

Poor optics or just plain tacky - raising high-earner taxes and also hiring more IRS enforcers.


9 posted on 04/27/2021 8:38:34 AM PDT by cymbeline
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To: deport

$80 billion is a LOT of enforcement.

The entire FBI gets $10 billion.

WTF?


10 posted on 04/27/2021 8:38:38 AM PDT by Mariner (War Criminal #18)
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To: deport
Biden seeks $80 billion to boost IRS enforcement harassment

I fixed the headline.

11 posted on 04/27/2021 8:39:07 AM PDT by mewzilla (Those aren't masks. They're muzzles. )
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To: deport
$80 billion?!

Are we going to give the IRS air craft carriers and space-based lasers?

12 posted on 04/27/2021 8:39:39 AM PDT by dead (https://www.youtube.com/watch?v=D_vFiUUcBkc)
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To: Mariner

Either Deep State has plans to expand the agency’s scope, God help us, or Deep State will be laundering money for other uses through an obliging IRS.

Then again...suppose both could be true.


13 posted on 04/27/2021 8:41:05 AM PDT by mewzilla (Those aren't masks. They're muzzles. )
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To: deport

Biden is going to make sure Al Sharpton pays up?


14 posted on 04/27/2021 8:44:43 AM PDT by Kazan
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To: deport

He was in the White House when his boss ordered the IRS to harass conservative organizations. He will do the same, and worse.


15 posted on 04/27/2021 8:45:37 AM PDT by I want the USA back (Anyone who uppercases black and lowercases White is a filthy biased racist. )
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To: I want the USA back

You really think Biden is making these decisions? That’s cute.


16 posted on 04/27/2021 8:47:52 AM PDT by FreedomPoster (Islam delenda est)
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To: deport

Al Sharpton owes 3.5 MILLION - why don’t they arrest him???


17 posted on 04/27/2021 8:48:46 AM PDT by high info voter
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To: deport

So does Joe Biden believe that the rich got rich by cheating, and they intend to stay rich by cheating on their taxes? Yet the rich occupying Wall Street always seem to donate to and vote for the Democrat. How does this make sense? This is money laundering by our government to the nth degree.


18 posted on 04/27/2021 8:49:37 AM PDT by Saltmeat (69)
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To: deport

$80 billion in immigration enforcement would save $700 billion in costs driven by illegal invasion.

And no Americans would have their money confiscated in the process, except the ones employing job thieves to compete unfairly.


19 posted on 04/27/2021 8:49:45 AM PDT by Regulator (It's Fraud, Jim)
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To: high info voter

Sharpton turned FBI Stoolie to get that debt forgiven.


20 posted on 04/27/2021 8:49:53 AM PDT by dfwgator (Endut! Hoch Hech!)
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