House votes to repeal hiring of 87,000 IRS agents
WASHINGTON (WFXG) - Newly elected Speaker of the House Kevin McCarthy has taken a step toward delivering on a campaign promise he made in 2022--walking back last year's partisan Inflation Reduction Act.
"Our first bill will repeal funding for 87,000 new IRS agents.” McCarthy addressed a cheering crowd of his colleagues Monday night. "You see? We believe the government should be here to help you, not go after you.”
Nearly all of September's democrat-led Inflation Reduction Act's $80 billion was allocated for the IRS, with spokespeople saying the funding would be used to hire agents, conduct additional audits, and improve the taxpayer experience.
Georgia republican Rick Allen told FOX54, "With more IRS agents, how are they going to make your experience more pleasant? I don’t understand that.”
What Allen says he does understand is the need for federal funds to be put to use differently--into policing and border patrol, for starters.
“It’s time we start doing things for the American people, and we have some big issues to solve out there," says Allen.
He and the house republican majority passed a bill late Monday to revoke $72 billion of the $80 billion allotment in the Family and Small Business Taxpayer Protection Act.
The annual IRS budget is $12 billion, a fraction of the one-time allocation signed into law last year. The Family and Small Business Taxpayer Protection Act is expected to halt in the democrat-run senate.
Following Monday's house vote, Georgia republican representative Buddy Carter said he plans to push for the Fair Tax Act, abolishing the IRS as well as income taxes, entirely.
Some proponents say the current tax code's layout of collecting income, property, and sales taxes is a triple-dip into the pockets of working-class Americans.
The Fair Tax Act, Allen says, may be a better option, but it isn't a perfect one.
“Sales tax, for example. It’s the fairest tax. People are paying—you know [the government is] going to get the money. You’re basing it off consumer demand. But I think obviously [federal tax funding] needs to be a variety of things, because if, for example, consumer spending drops, the revenues are going to drop. It’s not as dependable.”
It's not yet clear when the proposed legislation might make its way to the house floor.
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