Sen. Warren wants to expand IRS powers beyond the Inflation Reduction Act to prepare tax returns

Fox business ^ | 08/13/2022 | Fred Lucas

[ChicagoConservative27]

Tucked into the tax and spending bill that passed the Senate this weekend was a $15 million provision to study allowing the IRS to prepare taxes.

The provision comes after Sen. Elizabeth Warren, D-Mass., and other Democrats have pushed legislation for adding tax filing to the agency's purview.

The Inflation Reduction Act, which passed the House Friday after clearing the Senate — the vote was 50-50 with Vice President Kamala Harris breaking the tie — appropriates almost $80 billion to the tax agency. That would enable the IRS to hire its desired 87,000 agents over the next decade to increase tax enforcement.

[ChicagoConservative27]

Liz is a see you next Tuesday

[Skywise]

y’know a great thing to do to help the taxpayers?

ABOLISH THE INCOME TAX.

Make the states pay their share as was the original intent.

The fed is too big!

[BenLurkin]

The entire Bill is an obscenity.

[Rurudyne]

And does too many things it has absolutely no enumerated power to do, from social security, all the medi’s, funding education among the States, etc....

[BenLurkin]

From the article:

"The legislation looks to expand a program that was first put in place for the stimulus checks to respond to COVID-19 in 2020.

[SkyDancer]

She should be careful of what she wishes for.

[Raycpa]

They can’t process the returns done by others now.

[llevrok]

Trust me. I’m from the IRS.

[John S Mosby]

Yes, most of whom, if cpas are Registered Agents of the IRS— and thus the extra agents are NOT needed (as the Agents they think they can hire, have zero liability for what they claim a taxpayer got wrong!!). All is based on court decisions- cause if you only follow publications of the IRS you STILL can be accused of not doing the return correctly. CPAs have insurance against such screwups.

[Diana in Wisconsin]

"The Inflation Reduction Act"

Everyone here knows this will have the exact OPPOSITE effect, Right? We're so screwed!

,/p>

[Repeat Offender]

I thought Indians hated taxes?

[SaxxonWoods]

It’s people like Liz who have caused me (in retirement) to look for every possible way to lower my taxable income legally by using the government’s own classification rules.

If the govt ever starts taxing interest, dividends, mineral royalties, capital gains and Treasury Bonds as “earned income” most retirees will be in mucho trouble.

[going hot]

If civil war ignites,people like her may become temporarily famous.

[Sooth2222]

All my income comes with 1099s so I'd save money on accountants.

(I might save even more, since the IRS is less than 100% accurate matching up 1099s with 1040s.)

[gas_dr]

Sadly that would require a constitutional amendment. However… I think it is more likely this amendment would run the tough gauntlet to pass than the gender crap the left is pushing.

[M Kehoe]

“I’m from the government and we’re here to help.”

Nine nasty little words.

5.56mm

[beethovenfan]

I’ve never seen even another Democrat with as many terrible ideas as this phony Indian.

[dljordan]

Is the IRS actually part of the government or a private corporation like the Fed?

[libertylover]

Should be called the Make Inflation Worse Act.

[caww]

I don't think any politician is such a screeching lunatic in how she presents herself as Elizabeth Warren! What a despicable individual - total hatred of men just to start......she's never NOT angry!