(Mark Pellin, Headline USA) After agreeing to scrap any funding for law enforcement and instead add squadrons of IRS agents for tax enforcement, House Democrats on Friday lustily cheered passage of their $740-billion Inflation Reduction Act that will do nothing to reduce inflation, while increasing taxes for nearly all Americans to pay for 87,000 new IRS agents, Obamacare subsidies and a radical Green New Deal.
“My colleagues now today are going to dump hundreds of billions of dollars into corporate America, screwing over the American people every single day with tax audits, increased energy prices and increased taxes,” Rep. Chip Roy, R-Texas, said from the House floor.
“Congratulations. Take that to the polls.”
President Joe Biden, last seen jetting off on Air Force One with his crack addict, law-dodging son for another vacation, praised the $740-billion boondoggle that he apparently thinks will rescue his floundering administration and salvage Democrat midterm hopes.
“Today, the American people won,” Biden boasted of the legislation that spends upwards of $80 billion to increase tax audits on the middle class and low-income earners, boosting revenue to fund pet projects and programs for partisan leftists and climate alarmists.
The bill also spends a titanic $370 billon for Green New Deal schemes that will “increase electricity prices, increase gas prices and tilt at windmills with unicorn energy policies,” Roy said.
Democrats are determined to raise your taxes and then audit you.
They should be ashamed – but instead, they’re proud of the economic pain they’re inflicting on Americans.
— Rep. Dan Bishop (@RepDanBishop) August 12, 2022
With the bill safely passed in Congress, House Speaker Nancy Pelosi dropped any pretense that the taxing and spending would reduce inflation, noting that she was no longer calling it the Inflation Reduction Act, prompting a compliant fake news media to follow in lockstep.
It’s not the Inflation Reduction Act anymore pic.twitter.com/a8DpHb6EQj
— Greg Price (@greg_price11) August 12, 2022
Democrats also acknowledged that all income earners will be targeted for tax hikes, nixing an amendment by Sen. Mike Crapo, R-Idaho, that would have made “it clear that the $80 billion being given to the IRS — six times its current annual budget — could not be utilized to audit people making less than $400,000.”
“The most they would agree to was to say they did not ‘intend’ to audit them,” Crap noted.
Democrats called it the Inflation Reduction Act, but it’s really the Green New Deal with 87,000 new IRS agents. Grab your wallets. pic.twitter.com/SjyHpSq0bg
— Thomas Massie (@RepThomasMassie) August 13, 2022