Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Sen. John Thune: Americans will get used to IRS 'looking over their shoulder' By: FOXNews.com August 08, 2022 at 19:50 PM EDT Senate Minority Whip John Thune calls out the Inflation Reduction Act for targeting middle-income Americans through expanding the IRS on "Special Report." Senate Minority Whip John Thune reacted to the Democrats passing the Inflation Reduction Act through the Senate on "Special Report."SEN. JOHN THUNE: I think the takeaway from the passage of this bill is there is an IRS agent coming to a neighborhood near you. 87,000 new employees are at the IRS. Only 4% of them are going to be, you know, committed to helping improve taxpayer service. Most of them are going to be harassing middle-income taxpayers.GRAHAM SAYS ‘INFLATION REDUCTION ACT’ WILL MAKE EVERYTHING WORSEThere was a study done by the Joint Tax Committee, which showed that up to 90% of any revenue the Democrats think they're going to raise from this so-called addition of these IRS tax agents is going to come from people making less than $400,000 a year. So, there is going to be a lot of people, middle-income taxpayers in this country, who are going to have to get used to having the IRS looking over their shoulder at every turn.CLICK HERE TO GET THE FOX NEWS APPThat's that's what the essence of this is. That's what they signed up for with this bill, 87,000 new IRS agents and $80 billion in new spending six times the annual budget. That's what this is this bill is all about.WATCH THE FULL INTERVIEW BELOW: Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Sen. John Thune: Americans will get used to IRS 'looking over their shoulder' By: FOXNews.com August 08, 2022 at 19:50 PM EDT Senate Minority Whip John Thune calls out the Inflation Reduction Act for targeting middle-income Americans through expanding the IRS on "Special Report." Senate Minority Whip John Thune reacted to the Democrats passing the Inflation Reduction Act through the Senate on "Special Report."SEN. JOHN THUNE: I think the takeaway from the passage of this bill is there is an IRS agent coming to a neighborhood near you. 87,000 new employees are at the IRS. Only 4% of them are going to be, you know, committed to helping improve taxpayer service. Most of them are going to be harassing middle-income taxpayers.GRAHAM SAYS ‘INFLATION REDUCTION ACT’ WILL MAKE EVERYTHING WORSEThere was a study done by the Joint Tax Committee, which showed that up to 90% of any revenue the Democrats think they're going to raise from this so-called addition of these IRS tax agents is going to come from people making less than $400,000 a year. So, there is going to be a lot of people, middle-income taxpayers in this country, who are going to have to get used to having the IRS looking over their shoulder at every turn.CLICK HERE TO GET THE FOX NEWS APPThat's that's what the essence of this is. That's what they signed up for with this bill, 87,000 new IRS agents and $80 billion in new spending six times the annual budget. That's what this is this bill is all about.WATCH THE FULL INTERVIEW BELOW: Related Stocks: Fancamp Exploration Ltd