Sen. Michael Bennet wants you audited.
That’s the only reasonable conclusion to draw from his repeated party-line votes in favor of the Inflation Reduction Act, aka the “Tax, Climate, and Health Care” bill, aka “Schumer/Manchin.”
The massive tax-and-spend bill recently passed out of the Senate on a 51-50 vote, with Vice-President Harris casting the tie-breaker, meaning Bennet’s yes vote was essential to clinching the deal. And while there’s confusion as to exactly what the measure is supposed to do, or even what to call it, there’s no doubt about this: the bill calls for more than doubling the size of the Internal Revenue Service (IRS), hiring 87,000 new agents over the next decade, and greatly increasing the IRS’s enforcement activity. The IRS currently has about 6,500 auditors.
See the full article by Joshua Sharf, August 12, 2022
