Up to 90% of IRS’ New $80B Expansion to Come from Small Businesses Making Less Than $200k

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Elvis Dunderhoff

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The Democrats were claiming they need thousands of new taxmen in order to fight billionaires.

It looks like that’s not true!

New York Post:

A key provision in the Inflation Reduction Act — which throws an extra $80 billion to the IRS to improve the agency’s collection of under-reported income — will end up targeting small business owners to pay for the legislation, according to nonpartisan watchdog the Joint Committee on Taxation.

The group estimates that between 78% and 90% of the estimated additional $200 billion the IRS will collect will come from small businesses making less than $200,000 annually.

Just 4% to 9% would come from businesses making north of $500,000 a year — meaning the legislation is in sharp contrast to President Biden’s longstanding claim that he wouldn’t raise taxes on anyone making less than $400,000.

The IRS will have to target small and medium businesses because they won’t fight back,” Joe Hinchman, executive vice president at National Taxpayers Union Foundation, told The Post. “We’ve seen this play out before … the IRS says ‘We’re going after the rich’ but when you’re trying to raise that much money, the rich can only get you so far.”


In fact, going after the lower and middle class can actually be more lucrative for IRS auditors than trying to get more money from the wealthy. “The rich have their lawyers and fight it — that’s why the poor are easier to go after,” Hinchman adds.

Accordingly, tax experts warn that the IRS’s audits will be far more painful and costly for small business owners — even for those who think they’re filing their taxes correctly.

“Most small business aren’t doing anything wrong,” Daniel Bunn, executive vice president at the Tax Foundation, told The Post. “We don’t make the tax code simple and the complicated tax code makes it difficult for small business owners to comply with all the requirements.”



“The approach here is to double the IRS workforce, take the leash off, and see how much they can collect,” Hinchman adds. “I think they’ll collect it but it will be quite painful.”
They’re not going after middle-class people for the money.

It’s about widening the gap between the rich and poor – pushing the middle class into poverty.

.@GroverNorquist: "They want to take $80B from taxpayers… and hire 87K more bureaucrats in the IRS.

They're going after small businesses… They're massively increasing their ability to audit you."@MariaBartiromo @FoxBusiness @taxreformer pic.twitter.com/4xhVrYHM4R

— Mornings with Maria (@MorningsMaria) August 2, 2022

This is just a part of a finishing move on small businesses, following up on the coronavirus hoax and rapidly rising inflation.

IRS the TRUE OVERLORDS of this country!

— Octavio Mancilla (@Octomancoin) August 3, 2022

Imagine a world where we didn’t need an $80 billion expansion of government extortion. Imagine, if you will, a tax code that fits on just a few pages, instead of the many thousand thousands we suffer under now.

We could live in that world but politicians won’t allow it.

— The Bear of America (@UrsusAmericani) August 3, 2022

Stay poor, irs will leave you alone

— 1am (@ch1ampion) August 3, 2022

Corona ruined small business. The Biden Crew will now regulate and investigate what is left, and turn it to ashes… @SenTedCruz @joerogan @RudyGiuliani @DonaldJTrumpJr

— Bob (@FaceIsMine) August 3, 2022

To think that the IRS will be “targeting” millionaires and billionaires is laughable. They are the political donor class and even Democrats aren’t dumb enough to bite the hands that feed them. It will be political, and Lois Lerner blazed the trail.

— Lawrence Haugh (@lawrence_haugh) August 3, 2022
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GoodOlboY

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This is basically the same thing as going back and pulling the $20 out of the guy's wallet you just beat half to death before robbing his house empty, raping his wife, and castrating his son.
 

8Man

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They’re not going after middle-class people for the money.
It’s about widening the gap between the rich and poor – pushing the middle class into poverty.
That seems consistent with the Marxists stated goal of eliminating the bourgeoisie as a class. Get them used to thinking of themselves as just another proletariat. Should we be surprised to learn that the majority of IRS punative audits will focus on smaller businesses owned by Republicans?
Netherlands and Canada are showing how to eliminate family-owned, independent farms.
 

Coltraine

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This is the Left cucking to the real elite in the country and stabbing its own supporters in the back sort of like the Right itself receives the same routinely but it's usually in the form of more anti-White domestic policy socially and culturally or more Neo-Cohn globalist entanglements.

It's more of this perfect storm happening in America where neither the Left or Right ever get what the people actually voted for in reality. That's because both sides are caving to the Jews high at the top, who are in favor of fucking over the diminishing group of Americans in the middle (class). The poor will always get by through welfare handouts and other policies designed specifically to cater to their needs, and the rich will do what the OP says and fight legally in its own interests accordingly. Meanwhile, the middle-class, which is largely Whites and the sharpest and most hard working among us, perpetually gets the shortest straw. And with inflation being endemic, the middle-class is already in the process of being progressively phased-out of the picture anyway. This new IRS thing just hastens the inevitability. And it all accelerates White Genocide of course.
 

Highlander

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Didn't you tell us to "just start a parallel society bro"?

How are you going to do that when they're taking everything you have?

Seems no one wants the obvious solution -- civil war and complete victory.

No prisoners.
 

Wigless

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Didn't you tell us to "just start a parallel society bro"
If enough whites move out of their countries to start parallel societies elsewhere there won't be enough people to pay for the welfare. Where to move to? There's one obvious place - as Jos White tells us...

 

anti-barabas-ite

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Atomizing the population keeps them at bay

Separating the population keeps them from working together to remove tyrants.

Demonizing as nazi keeps any brigades from forming to take any battle back to them.

Keeping population atomized and fearful of everything makes them docile.

Drugged up and full of porn.

No moral order. No God allowed.

It's like it was planned out, but we all know the ruling elites are all pure stupidity and dick steppers, always accidentally enacting punitive measures to cover up thier own malfeasance. No protocols, no planned attacks on populations to keep them cowed.

The delususions are deep and weird, we've been warned.
Protect yourselves, as always full armour, there is no other way out.
 

Louis_McFadden

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The IRS is the Jew collection agency for the Jew (non)Federal (non)Reserve. Been a scam since 1913.

I know some leftists who still believe the government can give them free medical care, and I tell them the US government has never in it's entire history ever made anything more affordable, and it never will. They passed a bill called the affordable care act and prices went up, now the same people who foisted that piece of shit on us tell us we need to fix health care (usually when they're running for office), when the fact of the matter is they already fixed it real good, if they fix it any more nobody will be able to afford, nor even want to see a doctor. There's no logic with these people. Government does something, it's a disaster, and the people want the government to do more of the same, or expect the same government that fucked shit up and is still serving the same master to somehow get it right next time. They're begging the government to destroy them and their country, and the government is happy to grant that request.

The government isn't going to tax the really rich. They're not going to tax the billionaire class that can put 20 million + into Liz Cheney's hand to try to win a single house seat they all expect her to lose. She probably won't even spend that whole 20 mill or even half of it, she'll probably blanket Wyoming with trash ads and bullshit that might cost her a couple million to run the ads for a week preceding the election, and then put the rest in her pocket whether she wins or loses. That they can do this and get away with it shows who they really represent, and they're not going to bite that hand that feeds them. They can get one corporate or PAC donation that is bigger than the salary they're paid for an entire year. This is how you end up with a government that is bought, paid for, and owned. He who pays the piper calls the tune.

The Clinton Foundation was just a tax exempt way for the Clintons to be able to keep all the money that was donated to them, claim to be philanthropists, and not even pay taxes on all that ill gotten filthy lucre. Most philanthropists are Jews. But when you get up into the Clinton league of corruption you pretty much are a Jew anyway, and the Clintons are certainly honorary Jews if nothing else.
 

MoonmanJones

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You got a tutorial for ultra retards?

Even Andrew's tutorial made me get lost in the weeds.
I'll give it a shot:
Sign up for one of the "centralized exchanges". (Some of them might not be available depending on where you live.) Give them your bank details and such, then deposit money and buy Monero (aka "XMR").
Get either a "mobile wallet" or a "light wallet", depending on whether you want to use a smartphone or a PC. Pay attention to everything it tells you, particularly the "write this passphrase down somewhere safe, if anyone else gets it they can rob you, if you lose it you lose access to your funds" bit.
Withdraw the Monero you bought from the exchange to your wallet, and then as long as nobody else ever gets that passphrase it's 100% safe.
If you want to convert Monero to cash, the exchange will give you an address to send it to. After depositing Monero into your exchange account, you can swap it for cash and withdraw that to your bank.
 

Bon

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No wonder so many businesses around me are asking for cash.

Just had my a/c fixed and the company offered a discount for cash - happy to do so.

This will increase exponentially if this legislation passes.
 

GoodOlboY

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I'll give it a shot:
Sign up for one of the "centralized exchanges". (Some of them might not be available depending on where you live.) Give them your bank details and such, then deposit money and buy Monero (aka "XMR").
Get either a "mobile wallet" or a "light wallet", depending on whether you want to use a smartphone or a PC. Pay attention to everything it tells you, particularly the "write this passphrase down somewhere safe, if anyone else gets it they can rob you, if you lose it you lose access to your funds" bit.
Withdraw the Monero you bought from the exchange to your wallet, and then as long as nobody else ever gets that passphrase it's 100% safe.
If you want to convert Monero to cash, the exchange will give you an address to send it to. After depositing Monero into your exchange account, you can swap it for cash and withdraw that to your bank.
I tried to do it a long time ago and the verification process kept booting me, so I gave up after days of trying.
 

MoonmanJones

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I tried to do it a long time ago and the verification process kept booting me, so I gave up after days of trying.
If one of the exchanges didn't work, you could always try another. Some of them require specific papers to prove your identity, and you have to read the instructions carefully to know what to send. Some want you to snap a photo of your driver's license and are absurdly picky about the lighting and holding the camera still and such. It's always a pain, although it's definitely not supposed to be THAT painful.
In a pinch, you could sign up with an exchange that doesn't deal in Monero and trade cash for another cryptocurrency, then trade again somewhere else for Monero, but that's roughly twice as complicated and I was trying to keep things simple.
 

anti-barabas-ite

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No wonder so many businesses around me are asking for cash.

Just had my a/c fixed and the company offered a discount for cash - happy to do so.

This will increase exponentially if this legislation passes.
The "experience fee" can cost retailers a bit of money so they just get it from you or only take cash. Some bars only take cash you have atm on site.
One supplier of mine charges 4% on all credit card transactions.

Old jew cash has to be phased out.
Many reasons.
Tax scofflaws
side economies
Criminals
Small dopers.
Cash guns.
The world tax system that being rolled out is going to demand a further digital blockchains Id system.

Internet of bodies connects to internet of things.

Its coming
No way to hide
 

Christopher

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This is the Left cucking to the real elite in the country and stabbing its own supporters in the back sort of like the Right itself receives the same routinely but it's usually in the form of more anti-White domestic policy socially and culturally or more Neo-Cohn globalist entanglements.

It's more of this perfect storm happening in America where neither the Left or Right ever get what the people actually voted for in reality. That's because both sides are caving to the Jews high at the top, who are in favor of fucking over the diminishing group of Americans in the middle (class). The poor will always get by through welfare handouts and other policies designed specifically to cater to their needs, and the rich will do what the OP says and fight legally in its own interests accordingly. Meanwhile, the middle-class, which is largely Whites and the sharpest and most hard working among us, perpetually gets the shortest straw. And with inflation being endemic, the middle-class is already in the process of being progressively phased-out of the picture anyway. This new IRS thing just hastens the inevitability. And it all accelerates White Genocide of course.
To the working-class, the system exists for only two purposes: 1.) to destroy you & 2.) to stay in business. This just reinforces the fact that the system IS YOUR ENEMY and you should treat it as such i.e. guerilla warfare. You know, the Amish in Pennsy also keep distance from the hellish system. Basically, they're not taking their oaths, don't 'pledge allegiance' to it, don't send their children to their schools, not fighting in their wars, don't serve on their juries, they just stay away from the system-world. They see the system as alien, to be avoided.
 

ItsAlwaysSomething

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You got a tutorial for ultra retards?

Even Andrew's tutorial made me get lost in the weeds.
In addition to centralized exchange options, it's actually pretty easy to use something like KuCoin to get some. You can sign up there with just an email. You can buy Bitcoin at a crypto ATM using the wallet address the exchange gives you for deposit and trade your BTC for Monero. If you ever need to cash out, swap the XMR for BTC and you can use the same ATM if it buys back crypto.

Here's a map of where you can find them.

coinatmradar.com/

The only disadvantage to this process is the rather hefty fees that ATMs charge.
 

GoodOlboY

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If one of the exchanges didn't work, you could always try another. Some of them require specific papers to prove your identity, and you have to read the instructions carefully to know what to send. Some want you to snap a photo of your driver's license and are absurdly picky about the lighting and holding the camera still and such. It's always a pain, although it's definitely not supposed to be THAT painful.
In a pinch, you could sign up with an exchange that doesn't deal in Monero and trade cash for another cryptocurrency, then trade again somewhere else for Monero, but that's roughly twice as complicated and I was trying to keep things simple.
Yeah, getting on coinbase was enough of a chore. THEN, I had to try to get on another to trade Monero, and it was the damn verification stuff. It would just not validate :mad: I don't know where I could trade bitcoin for monero without having to try that shit again.
 

Danespear

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The people tormenting you and seeking to consign you and your children to serfdom are not supernatural.

They have names, and addresses, and phone numbers. They must eat and sleep just like you.

Remember that.
 

anti-barabas-ite

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The people tormenting you and seeking to consign you and your children to serfdom are not supernatural.

They have names, and addresses, and phone numbers. They must eat and sleep just like you.

Remember that.
There are just inhabited by EDE's
 

Highlander

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They have names, and addresses, and phone numbers.
Anglin needs to give us the authority to post them here.

We can't ignore this any longer.
 
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