CBO claims rescinding the 87k additional IRS agents will add $115 billion to the deficit.

Sounds like each agent essentially has a quota tax to gather

So just print 115billion more dollars that’s what they do for every other bullshite bill they want money for

Those agents will be a $10 billion/year burden until they all die, hell probably longer and more expensive as they get replaced.

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115 Billion we won't waste or send to Ukraine

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Not like it going to stop any of that, it's a deficit for a reason.

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exactly what the CBO is thinking.....each new agent will generate and additional $100k in tax revenue above their salary and benefits cost to the government.

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So eliminating them doesn't add to a deficit? Why would Democrats lie about something?

This makes no sense. I thought the CBO was a neutral organization. Doesn't sound like it from these numbers.

87k employees will cost at least $200k/yr for each one, when you look at salary, benefits, office equipment, travel and so forth. That's $17B/yr. Let's call it $15B.

That's a loss. For the program to incur a $115B deficit upon termination, then the program must be estimated to pull in $130B per year in additional revenue.

That comes out to around $1.5M per year in additional tax revenue per agent. Let's say the average 'target' for these agents is someone making about $100k/yr, that is a tax liability of, at most, $40k - let's say they can cull $20k from each of these people.

These agents must all get $20k from 75 people each year, which is about 6.25 per week, at a minimum, when you then look at vacation time. That's a lot of additional tax and that will require a lot of work to verify various deductions and so forth.

We are to believe they can audit and close out accounts at this rate? I'm not buying that at all.

If they are just going through files and getting $1k here and there, they have to find, document, send letters etc for 1500 people per year, that's 30/wk, 6/day, or about 1hr/each. And this does not account for all the cases they will look through and find no discrepancies.

This is utter nonsense.

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Take into account the numbers that are retiring which is substantial. And that most audits would be high net worth individuals and more importantly corporations with complex tax accounting schemes.

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I'll believe the retirements when I see them - the federal workforce is getting older and older, with a massive number retirement eligible, but they don't retire. And in this economy, I don't think they will.

Reports have said these auditors are targeting middle class people, not high earners.

Complex filings like with businesses, I get that - but that requires a lot of time to sort through.

This just seems like a complete fabrication from CBO.

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Trump came into office and cut little things but they were just a drop in the overall bucket, the large items weren’t barely touched or worse increased.

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Thank gawd we got rid of him and elected the fiscally responsible Biden administration! *phew* really dodged one there.

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These "fiscal conservatives" shout praises to the tax cuts but mention social security reform and they’re up in arms because "we’re promised" and such, never mind if it’s sinking the ship.

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Yep. Sure. Lots of Democrats lining up to cut social security and medicare. Can you name one?

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Show me

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LINKto full detailed analysis



I’m sure next time it will be different.

There’s roughly about 700,000 filers >$1 million income. Do you really think they need an additional auditor for every 10 filers?