It doesn’t look like this bill will do much of anything apart from bringing FedGov closer to its inevitable insolvency. The amount of ink that has been and will be spilled by the ruling elite over this between now and November will tell you just how scared they are of what’s coming.
That is because this bill is only meant to push the United States further toward defaulting on its debt and financial chaos. The democrats then use this chaos to take total control and make the United States a communist totalitarian country.
The worst part is the IRS enforcement part. In a few years, they are going to be sending letters to everyone saying they owe. Half will pay because it’s IRS. Some will fight it and win. But they will still have again.