PDA

View Full Version : Obama: 9.4% Increase In IRS Budget, Costs $1.13 Billion, Adds 5,100 New IRS-CID Agents




HOLLYWOOD
02-15-2011, 06:49 PM
Well, we'll have to see how this plays out with the Republicans in Washington's Hegelian Dialec of the False Dichotomy of the Duopoly in these BS budgets.


http://sweetness-light.com/archive/obama-asks-for-5100-more-irs-agents

Obama Asks For 5,100 More IRS Agents (http://sweetness-light.com/archive/obama-asks-for-5100-more-irs-agents)

From an approving Reuters (http://www.reuters.com/article/2011/02/14/us-usa-budget-irs-idUSTRE71D6MB20110214):
http://showdy.smugmug.com/photos/1188707498_pZjNS-O.jpg
IRS would get 5,100 new agents under Obama budget

By Kim Dixon
Mon Feb 14, 2011
WASHINGTON (Reuters) – The Internal Revenue Service would get an additional 5,100 agents under President Barack Obama’s increased budget request, setting up a clash with Republicans who advocate cuts for the tax collection agency.


Obama’s 2012 budget proposal, released on Monday, calls for a $1.13 billion, or 9.4 percent, funding increase for the IRS for fiscal 2012, to $13.28 billion for fiscal 2012. Adding the extra agents would only amount to about a 5 percent increase in manpower to 100,537.
The request includes a $460 million increase for tax enforcement programs such as those targeting offshore tax evasion, over 2010 levels…
Could this be the first wave of the 16,500 IRS new agents that some have estimated it will take to ‘enforce’ Obama-care?
Republicans, who took control of the U.S. House of Representatives in November’s congressional elections, view the IRS with suspicion and want to slash millions of dollars from the agency.
Treasury Department officials said the increase in the enforcement budget would result in increased tax collections of about $1.3 billion annually once the new hires reach their full potential in fiscal 2014.
Sure it will. But by this logic, why don’t we just hire a million new tax collectors and do away with the budget deficit entirely?
The IRS under Commissioner Douglas Shulman, appointed by former President George W. Bush but kept on by Obama, has beefed up enforcement against tax cheats in recent years, with a focus on high net-worth individuals and the banks that aid them…
The media always tries to exploit the Democrat’s class warfare by claiming that the IRS is only going after the high rollers and fat cats. In truth, those are the last people who have anything to worry about.
Just ask any small businessman, and chances are he has been audited in recent years, as part of the Obama administration’s redoubled efforts to get still more blood out of the taxpaying turnips.

Kludge
02-15-2011, 06:56 PM
So this $1.13b increase in spending will result (after it reaches its "full potential" in 2014) in $1.3b increase in revenue... And the spending is specifically on recovering taxes. So that's like - what, 13% of recovered taxes going toward the general budget (after added costs of this new tax-hunting program) AFTER losses are accrued up until 2014. And given gov't numbers usually have a bullshit range of 10-5000%, this is pretty much entirely a punitive action against tax evaders and puts an even greater punishment on taxpayers. Everyone loses -- now that's some great legislation!