Prepare to Meet the Taxman - The American Spectator | USA News and Politics
Prepare to Meet the Taxman
by

Congress is worried.  Deficits are climbing.  So legislators have decided to make a thorough review of the endless duplicative programs and wasteful outlays that fill the federal budget.

Hah, hah, hah!  No, Congress plans on beefing up the IRS to squeeze more money out of people so legislators can keep wasting money.

Reports OMB Watch:

Congress is preparing to substantially increase the enforcement resources of the Internal Revenue Service (IRS) in the FY 2010 Financial Services appropriations bill, representing a reversal in the lethargic funding approved during the Bush administration. This much-needed increase in resources is only a first step in improving the enforcement of the tax code, however, as observers say the IRS also needs to improve how it uses its limited resources.

On July 9, the Senate Appropriations Committee near-unanimously approved its version of the FY 2010 Financial Services bill, which sets funding for the IRS, among other agencies, at $12.2 billon. That is an increase of $549.8 million over FY 2009 levels and $26.4 million more than requested by the Obama administration.

The majority of the funding increase was directed to the enforcement budget of the IRS, which grew to $5.5 billion, an increase of $386.7 million over FY 2009 levels and equal to the president’s request. With the House and Senate set to begin conference negotiations over the differences between its Financial Services bills, these funding levels could change somewhat before the final bill is passed. The House allocated $22.4 million less to the total IRS budget than the Senate did, but regardless of the final compromise, enforcement activities are sure to receive a significant increase in funding over FY 2009 levels since both the House and Senate included the president’s requested increase.

Well, you wouldn’t have spent the money on anything useful, anyway.  Better to let Congress use your money take care of us!

Sign up to receive our latest updates! Register


By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, http://spectator.org. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!