“Build Back Better” Would Build a Bigger IRS Bureaucracy | Joel Griffith on CNBC
Heritage Fellow Joel Griffith joined CNBC’s Squawk Box to discuss Democrats’ massive tax-and-spending package that would throw $79 billion taxpayer dollars at the IRS in an attempt to squeeze more revenue from the economy, creating a scenario where the agency will target many taxpayers who are fully compliant.
Learn more about this issue: https://www.heritage.org/taxes/commentary/build-back-better-bill-would-build-bigger-not-better-irs-bureaucracy
Joel Griffith is a research fellow in the Roe Institute at The Heritage Foundation. He is a research fellow for the Institute for Economic Freedom and Opportunity at The Heritage Foundation. Previously, he worked as a researcher for a former member of The Wall Street Journal editorial board. Joel also was Deputy Research Director at the National Association of Counties.
Check out his work here: https://www.heritage.org/staff/joel-griffith
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Auditing grandmothers is insane! ALL 1099 and w2s are reported. If ppl get something in the mail, etc., gets reported!!
Brought to you by the Heritage Foundation .
We don't want to pay taxes. We use Jets, not public highways. Unless it's our semi-trucks from Walmart, Amazon, Target ect. Then we pay the DJI top 50 average Federal Tax Rate of 3.4%
according to Pro Publica.
Of course the CBO headed by director Phillip Swagger, installed, ah , picked by Cheeto shows very little to be gained by audits.
Blah blah lie lie lie.
We pay 40% Federal Tax Rate,
til our business expenses three Martini lunch write offs
annual loses.
Always plenty of $$ for $778 Billion per year in Defense Spending.10 x more than Build Back Better Act.
But hey that's what these test are for ! 🤡🤡🤡
The Congressional budget office has said this will "increase the budget by 90% and double the size of the IRS". Talk about squeezing blood from a rock. Shouldn't we be focusing on the tax loopholes?
Bribes, Buddies, and Better.
Is the interviewer interviewing herself??
this is gonna leave every american and illegal either without money or in poverty and unable to afford a house
Technically, he Did (bbb) –
The Tolly Bonn anyway.
I have a question about the IRS when I was 15 years old they sent me a letter to audit me why would they do that to a fifteen-year-old kid I just started working at 14 can anyone please answer me thank you
We'll build back better but just not include them 👌… biden needs to go wipe his ass they 💩💩💩💩 pants
FUNDAMENTALLY CHANGING AMERICA 🔥🇺🇸
The Middle Class is the Tax Mule for the Political Class.
BIGGER GUBBERMENT = MORE & MORE TAXES.
THATS WHAT THEY MEAN WHEN THEY SAY BUILD BACK BETTER – MORE GOVERNMENT BUILDING.