Guest Post by Martin Armstrong
The Inflation Reduction Act will waste $430 billion and will do absolutely nothing to curb inflation. Around $300 billion will be spent on climate change initiatives. Clearly, that is not going to curb inflation, and paying farmers incentives for reducing emissions still does not change the fact that the current methods are the only way to produce food on a mass scale, no less during a global shortage.
One piece of legislation passed with this bill will embolden the International Revenue Services (IRS) with 87,000 additional workers. We live in a nation where the government takes a cut of our earnings and assets and then asks us to pay them more. How much more? Depends! If you miscalculate anything, you’ll wind up with fees or jail time.
Sen. Ted Cruz (R-TX) explained that the IRS is not adding tens of thousands of agents to target the big bad 1%. “I guarantee you citizens in every one of our states, if you ask them, ‘What do they want?’ they don’t want 87,000 new IRS agents. And they’re not being created to audit billionaires or giant corporations. They’re being created to audit you,” Cruz stated. The government is desperately hunting for any money they can find at our expense.
All Democratic Senators voted in favor of this bill under the guise that it would target the rich. “This will give us the chance to raise the revenue from wealthy tax cheats who are getting out of paying what they owe,” said Senate Finance Committee Chairman Ron Wyden (D-Ore). RS Commissioner Charles P. Rettig lied and said households earning under $400,000 would not be targeted. Yet, the Treasury Department expects the IRS to take away $400 billion in additional taxes over the next decade. In the same breath, the bill will multiply the agency’s budget by nearly six times at the cost of $80 billion.
The House Ways and Means Committee estimates that there will be an additional 1.2 million audits each year, and around 700,000 of those audits will investigate those earning under $75,000. “Democrats want to make the IRS larger than the Pentagon, the State Department, the FBI, and the Border Patrol combined,” Cruz wrote. “That’s a terrible idea. We should abolish the IRS!”
People are financially hurting right now, and the Biden Administration’s plan is to punish small businesses and the middle class. Even far-left Bernie Sanders said that the Inflation Reduction Act would do little to bring down inflation, although he applauded the new corporate tax hike. The government is now acting like the mafia and shaking down citizens for every penny they can find.
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If you make enough to be taxed, you are feeding the system.
Find another way.
I work for me…….
And those 90,000 add’l jackboots will be especially interested in why and how you have such an existence. DeKulakization is almost complete. You’re in the way.
The majority probably have not read Solzenitzen, so they know not their future.
Well, crud , anon, I’m surrounded by white peeps that pay no taxes. Their shit comes from GOVERNMENT. Just saying. It’s disgusting to me, a white boy, but who am I?
An Enabler.
Take a vow of poverty if you want to. Not me, I’m going to out smart as many fools as I can and make as much wealth for myself and my family as I can before the system collapses. I figured out how to front run inflation and keep as much of my wealth as possible out of the $. If you don’t want to support the system just exit the $ and ride the inflation wave. No need to give up your future, just separate yourself from the Bankers.
I’m of anyone’s highest standards and I’ll carry a damn firearm, BUT, those requirements about the HOURS, forget it.
Probably hourly. Overtime built in as an inducement.
Tax revolt.
Everyone has to be onboard. Companies refuse to send tax receipts, citizens make themselves exempt.
Companies are the enforcers for the State. Adolf would be jealous.
Now it’s pretty clear why the IRS needs millions of rounds of ammo
They’re the boot on our necks.
Would the boots be a different color say if The Don was currently or in the future taking a shit in the WH?
Every agency of the federal government has billions of rounds of ammunition AND they have an enemies list. If you are not on it, you ain’t trying hard enough.
We were discussing this years ago (Osama Administration) when GSA purchase orders reflected that millions of hollow point ammo was purchased.
And it has not slowed down one bit. Who knew the Commerce Dept. needed millions and millions of rounds of ammunition?
Or the Small Business Administration.
THIS. Is a True story.
Was a time i was looking for Any/All means for accelerated growth. Of Course, SBA was a No Brainer. Especially in retrospect.
4th, 5th ‘Seminar’? Trying to get a ‘feel’ for the program. Few hrs. away. ALWAYS tried to be Early. Highway accident delay, Back in the day of ‘Trip-tick’ from 3A.
Showed up 10 min. after ‘start’ time. Had started to notice that majority in attendance to date were classed as ‘Minorities’.
Trying to ‘sneak in through the double doors…Nearly knocked down.
2 Women abreast. One per door. Quick. Then. Cat-like somewhat of a stretch, admittedly.
‘Dour’ doesn’t quite begin to describe their countenances.
After some shared apologies. They looked at each other and started laughing. Familiar with being laughed at in the the company of them.
‘What’s so funny?’ (Coffee was on the floor, not me)
“Priorities/Preferences have evolved”
Wait. Whaaaat?
“NOW, You need to be (any color other than white was firmly established in my head by this point) Native American”
(Being born here doesn’t count*)
” A lesbian” (Specialization. What made america great!?!)
“From The Aleutian Islands”
Coulda probably banged ’em both. But my heart just wasn’t in it.
* Illegal Alien? “Have WE gotta deal for You!”
Recall, the Obama years, .22 ammo was scarce. It’s like I suppose GOVERNMENT told ammo manufacturers all the powder goes to GOVERNMENT. Thinking back on that…
Well, “they” did during Obama’s reign anyway.
So I answer the door,
Taxman – Hi, I’m from the Government and I’m here to help you.
Me – No Shit?
Taxman – Just give me three steps, just three steps mister, just three steps towards the door.
‘
But when he first walked up I could hear him singing this song to himself,
‘
Should five percent appear too small
Be thankful I don’t take it all
‘Cause I’m the taxman
Yeah, I’m the taxman
If you drive a car, I’ll tax the street
If you try to sit, I’ll tax your seat
If you get too cold, I’ll tax the heat
If you take a walk, I’ll tax your feet
Taxman
Three steps. I knew there had to be a song with those lyrics. Incidentally, to think Lynyrd Skynyrd group did not participate in “recreational” drugs because of a recording that mentioned the smell of death around you, LMAO, bullshit, look at these fuckers.
Excellent conflation. May wanna add….
If you think only those who earn more than $400,000 in revenue will be targeted apparently don’t know that Bill Gates’ bullshit foundation has doubled since its inception. ONLY the middle class pays taxes.
Here’s the job application. Note: you have to be willing to use deadly force.
https://www.jobs.irs.gov/resources/job-descriptions/irs-criminal-investigation-special-agent
We should start taking these jobs. Just think of the monkey-wrenching opportunities!
It is a government job so actual performance is irrelevant to keeping your job. As long as someone is a little smarter than your average government drone and does nothing too obvious, this could be lucrative and satisfying job while finding new ways to screw with the system. Good way to find and collect data on the corruption too.
Hmmmm. Link times out. Maybe I am already on the list of ‘not wanted’.
Here’s the job posting for a new IRS agent.
Major Duties
.Adhere to the highest standards of conduct, especially in maintaining honesty and integrity.
.Work a minimum of 50 hours per week, which may include irregular hours, and be on-call 24/7, including holidays and weekends.
.Maintain a level of fitness necessary to effectively respond to life-threatening situations on the job.
>.Carry a firearm and be willing to use deadly force, if necessary.
>Be willing and able to participate in arrests, execution of search warrants, and other dangerous assignments.
https://www.jobs.irs.gov/resources/job-descriptions/irs-criminal-investigation-special-agent
The arrogance is beyond anything that I though possible. Why shouldn’t they be pissing into our gobs, they know full well that we won’t muster a Russian 1917-1922 reaction.
Ted Cruz is an idiot. Come on, Trump said “Ted lies”. WTF?
It happens in all declining empires.