IRS to get an additional fund of 1.1 billion dollars

IRS to get an additional fund of 1.1 billion dollars

The Internal Revenue service is going to gain an extra 1.1 billion dollars, according to the budget proposal by Mr. Barrack Obama, the President of the United States of America. The injection of the fund will increase the agency’s budget to 13.3 billion dollars. 5100 new employees will be hired by a part of the additional money injected, who will be responsible for providing support to the collection program and the IRS tax enforcement. 1500 of the new recruits will be working on Obama care Regulation & enforcement. There is an existing 54 billion dollar tax gap and the new budget is a clear indication that the administration intends to rope in a big part of that through the IRS.

Mr. Neal boortrz, who is a nationally syndicated talk host and a libertarian, said that in the past couple of years there has been a 27 percent increase in the federal government spending. The best that can be done by the President and his democrats is freeze spending, pointed out Boortz. The decision to freeze and not cut doesn’t make any sense when there is plenty of opportunity to actually cut spending. This is nothing but a clever ruse to bribe the voters and buy their votes, hinted Brooze. He added that it has been the constituency of the democrats to win public support by such means.

The expansion in the Internal revenue service will be largest they have seen since the first time withholding taxes were enacted during the WW11, that was done to enforce new mandates of tax and penalties that was included in the latest Health care plan by the democrats.

United States Congressman and the top republican on the joint economic committee, Mr. Kevin Brady was sarcastic when he said that people generally assume that a health care reform will increase doctor’s exam not IRS exams. He said that America needs more nurses and doctors instead of more IRS agents.