Harold Hutchison, DCNF
A Fox Business network host claimed during a Tuesday morning appearance on Fox News that small business would bear the brunt of enforcement efforts from the Internal Revenue Service (IRS).
“I think the IRS has been weaponized,” Stuart Varney told “Fox and Friends” host Steve Doocy while discussing legislation passed by the Senate Sunday that included expansion of the IRS. “Eighty billion dollars, 87,000 new agents, that is the weaponization of an institution. What are they going to do with this power they’re about to acquire? This extra power?”
The legislation, which resulted from a deal between Senate Majority Leader Chuck Schumer and Democratic Sen. Joe Manchin of West Virginia, will add billions to the IRS’ budget for enforcement of tax laws, which proponents claim will generate about $200 billion in revenue.
“I think they’re gonna go after middle America, specifically small business,” Varney continued. “In 2021, 9 million people earned 200,000 to a million dollars. Only 40,000 were audited. Most of those people, many of those people, are in small business. The Democrats think that’s a conservative group. The IRS will go after small business. There will be more audits, more penetration of small business, putting them on the block there to answer for their earnings.”
The IRS is under fire over a leak of taxpayer information involving some of the richest Americans to ProPublica, a left-wing media outlet, in 2021. A similar leak in 2013 involved conservative organizations.
The White House and Treasury Department did not immediately respond to requests for comment from the Daily Caller News Foundation.
For licensing opportunities of our original content, please contact [email protected].
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- As Biden’s approval ratings decrease, students criticize administration for rebuilding border wall and support for Israel - November 12, 2023
- ‘They need to go!’ Scalise and McCarthy garner votes as 20 GOP ‘turncoats’ block Jim Jordan - October 17, 2023
- Judge dismisses sorority sisters’ lawsuit attempting to block transgender woman from joining: ‘the court will not define a woman today’ - August 29, 2023
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.