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  3. /Will Cain: This bill will lead to more inflation and audits

Will Cain: This bill will lead to more inflation and audits

Economy / August 6, 2022 / DRPhillF / 0

the newYou can now listen to Fox News articles!

Fox News’ Will Kaine revealed legislation that would give the Internal Revenue Service more funding and also hosted a guest Friday.Tucker Carlson tonight. ”

will record: Buried in the bill is a great gift for Department of Internal Revenue. The agency will gain $80 billion from this legislation. This will allow the agency to hire more than 80,000 new agents. Keep in mind that the IRS is already pretty cool, mysterious, and heavily militaristic.

SINEMA Among Top Private Equity Cash Receivers As It Removed Billionaire Tax Slot From Mansion Bill

They stockpiled thousands of firearms and millions of rounds of ammunition. Why does the tax authority Need all those weapons? Exactly why do we need to make the IRS more powerful? We know that the goal is not to investigate rich or powerful Americans. The latest version of the law keeps the movable interest loophole intact. Now it benefits wealthy individuals and institutions, particularly hedge fund managers who represent some of the Democratic Party’s biggest donors.

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Therefore, Goldman Sachs’ doors will not be kicked in with IRS agents with these guns. No. After all this? Building back better means doing exactly what China and the hedge fund managers who make a lot of money in China want to do. What do Americans get out of the deal? Apparently, there is a lot of inflation and maybe more audits.

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This article was written by Fox News employees.

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