Posted on 10/30/2022 4:26:56 PM PDT by conservative98
Pennsylvania Lt. Gov. John Fetterman (D) says he “certainly would have voted” for President Joe Biden’s Inflation Reduction Act set to squeeze $20 billion from working and middle class households with new Internal Revenue Service (IRS) audits.
Fetterman, running against Republican Mehmet Oz for the state’s open United States Senate race, made the remark during a panel discussion with Sen. Amy Klobuchar (D-MN) while on the campaign trail last week.
“I certainly would have voted for the Inflation Reduction Act,” Fetterman said.
Despite Biden’s claims, the Inflation Reduction Act does not include any provisions requiring the IRS to avoid targeting working and middle class Americans with new IRS audits.
To the contrary, Senate Democrats made sure to vote down Sen. Mike Crapo’s (R-ID) amendment to the Inflation Reduction Act that would have barred the IRS from targeting working and middle class Americans with the $80 billion that the plan includes for new audits.
The Congressional Budget Office (CBO) estimates that about $20 billion will be squeezed from Americans earning less than $400,000 a year as a result of the audits.
The likelihood of working and middle class Americans being targeted by the IRS as a result of the Inflation Reduction Act is so high that Treasury Secretary Janet Yellen has begged the agency to avoid going after those earning less than $400,000 a year.
White House Council of Economic Advisers member Jared Bernstein has said the administration cannot guarantee that no Americans earning under $400,000 a year will be audited by the IRS with the new funds.
Bernstein’s statement contradicts White House press secretary Karine Jean-Pierre, who falsely claimed that the plan does not allow for new IRS audits of Americans earning less than $400,000.
(Excerpt) Read more at breitbart.com ...
Fetterman: “I Certainly Would Have Voted” To Raise Middle Class Taxes And Hire 87K New IRS Agents
https://www.youtube.com/watch?v=dHYETGH9H7M
Am I understanding this report correctly ???
Biden & the Dems will spend $80 BILLION to COLLECT $20 Billion???
Yes, that is correct. All while ignoring the revenues associated iwth graft and corruption...
And...those new IRS agents? They’ll be armed.
https://www.crfb.org/blogs/cbo-scores-ira-238-billion-deficit-reduction
https://www.cbo.gov/system/files/2022-09/PL117-169_9-7-22.pdf
I didn't see anything in there splitting it based on income level of the victim.
“Biden & the Dems will spend $80 BILLION to COLLECT $20 Billion???”
As long as it hurts the average American, of course.
This should play well with the voters...
Will it be legal for the armed agents to go after American citizens? as in shoot at Americans?
This should be in every TV and radio leading up to the election.
Recent medical problems aside, for a guy 6’7” and all the tats, etc, I’m guessing he’s a pussy if push comes to shove.
Those are some seriously birdy legs . . .
It isn’t about the money. It is about fear. Fear works so well in America that a Republican prez led us in lockdowns, masking, mail in ballots, and warp speed vaccinations. That strategy ended the Republic.
It is also about controlling the opposition. We are living in dark times since Obama.
“Carrying charges, my Boy, carrying charges..” Sidney Greenstreet, Casablanca. 1942 Warner Brothers. Directed by Michael Curtiz.
Fetterman has role locked if they re make young Frankenstein
I’m a W2 employee so they can audit me and waste all sorts of time. There are few ways foe people like me to cheat the system. I doubt they will go after illegals working for cash, EITC cheats …. It’s old married white dudes that will get most of the IRS TLC. Small businesses also.
He would be like any other Democrat in the Senate.
He gets his orders on how to vote and then he blindly does as he is told.
Agreed, should be blowing up the TV and Radio around the clock!
Pennsylvania Ping!
Please ping me with articles of interest.
FReepmail me to be added to the list.
Please keep talking, Festerman.
The more you spout off the more likely that Mastriano will ride Oz's coattails.
It’s Halloween and Sen. Wannabe Frankenstein is coming for all of your money. He’s a fan of the IRS.
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