I have read and watched a lot of commentary on the Inflation Reduction Act (ironically abbreviated IRA) recently signed into law. I was most interested in the $80 billion added to the IRS budget and the addition of 87,000 IRS employees — mostly agents — effectively doubling the number of IRS agents.
Treasury Secretary Janet Yellen made the following statement:
“Specifically, I direct that any additional resources – including any new personnel or auditors that are hired – shall not be used to increase the share of small business or households below the $400,000 threshold that are audited relative to historical levels.
These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans. As we’ve been planning, our investment of these enforcement resources is designed around the Department of the Treasury’s directive that audit rates will not rise relative to recent years for households making under $400,000.”
Most of the commentary and media discussion centers on the revenue generated by additional tax audits on taxpayers making over $400,000 and after doing some math and speculation they come to the conclusion that the dollars are just not there. Most conservative journalists and financial media are reporting that it is most likely that households making less than $400,000 a year will face increased audits under the Inflation Reduction Act.
I would speculate that most “talking heads” and media, even conservative and alternative “right wing” media are missing the point. I believe Janet Yellen is correct and telling us the truth: “any additional resources – including any new personnel or auditors that are hired – shall not be used to increase the share of small businesses or households below the $400,000 threshold that are audited relative to historical levels.” It’s not about additional audits. It’s not about additional tax revenue. I know the usual answer for any conspiracy or government cover-up is always “follow the money.” But in this case, I believe it is not even about the “money.”
The following job posting is quoted from the IRS website:
IRS CRIMINAL INVESTIGATION SPECIAL AGENT
WE’RE HIRING SPECIAL AGENTS NOW!
Major Duties
• Adhere to the highest standards of conduct, especially in maintaining honesty and integrity.
• Work a minimum of 50 hours per week, which may include irregular hours, and be on-call 24/7, including holidays and weekends.
• Maintain a level of fitness necessary to effectively respond to life-threatening situations on the job.
• Be willing and able to participate in arrests, execution of search warrants, and other dangerous assignments.
• Carry a firearm; must be prepared to protect him/herself or others from physical attacks at any time and without warning and use firearms in life-threatening situations; must be willing to use force up to and including the use of deadly force.
President Joe Biden, his handlers and controllers, and the “deep state” don’t need your money. “The Powers-That-Be” (TPTB) can print any money they need. Biden left billions of dollars of equipment in Afghanistan. Biden has sent Ukraine billions of dollars and is spending billions on “climate change” and “going green.” The numerous spending bills since Biden “took” office (sarcasm on) total in the trillions of dollars.
And now, as I write my thoughts, Biden just announced student loan forgiveness of an estimated $300 billion dollars. Clearly, Biden is buying votes before the November election. And, former Ohio state Senator Nina Turner took to social media to claim that taxpayers wouldn’t be on the hook for a proposed plan to forgive federal student loans. Nina Turner posted, “FYI – Student debt cancelation isn’t paid for by the taxpayers, the federal government is the lender. It’s costlier for the government to hold on to the debt.” Nina Turner seems to have no clue where the federal government gets its money. Ms./Mr./they/them or whatever title or pronouns Nina Taylor uses, is the “poster child” for the uninformed, progressive left.
As of 2022, the United States is $30 trillion in debt (on the books). But off the books are unfunded long-term liabilities and congressionally-mandated obligations (i.e., social security, Medicare, government and military pensions) which total over $100 trillion or possibly $150 trillion depending on who is doing the reporting. Basically, the United States of America is bankrupt. There is no way that we or our children can pay off the $30 trillion-plus interest in the foreseeable future, let alone all of the unfunded liabilities. And the debt keeps increasing by the minute.
No, Biden and his cabal will print whatever money they need. The new IRS agents are not about money. The new IRS agents are about power and control, and destroying the middle class.
On March 9, 2022, President Biden signed Executive Order 14067 that sets in motion Central Bank Digital Currencies (CBDC) that will digitize every dollar and allow TPTB the ability to track every dollar you spend. Dollars will become digitized “tokens” that can be turned on and off or limited as the lords of the manner see fit. Each “token” will be serialized, much like US fiat money. However, the major difference is blockchain technology. The serialized “tokens” will have blockchain technology, a shared, immutable ledger for recording transactions and tracking individual “tokens.” {Perhaps] CBDC will be allowed for electric vehicles but not for fossil fuel vehicles. Still have a gas or diesel vehicle? You won’t be allowed to buy fuel with your digital “tokens.” No “tokens” for nitrogen fertilizer, if any will be available. You will only be allowed so many “tokens” for meat or milk or eggs. But you will be allowed to buy cricket flour and frankenmeat.
Breitbart has a good summary of this Executive Order which they call a “Deeply Troubling Development” and included in the article is a link to a video by Jim Rickards, who says: “We’re in for a major upheaval of the U.S. dollar.”
But what about the underground economy? What about paper money, gold and silver, and barter? Won’t the underground economy thrive under this New World Order economy? Now we’re getting closer to the new IRS agents’ role.
Biden’s new federal “police force” will have badges, guns, and the legal authority to enforce all currency laws. Farmers’ markets, gun shows, craft fairs, yard sales, and individual sales or barter of goods and services will come under scrutiny and be shut down for non-digital transactions. A young girl’s lemonade stand was recently shut down for not having a license. Also recently, an Amish farmer was raided for selling organic produce to private buyers.
Farmers are being squeezed from every direction: GMO seeds, drought, low prices, federal regulations, taxes, inflation, lack of parts and equipment due to supply-chain backlogs, etc. I look for the new IRS agents to zero-in on small family farms for non-digital transactions or any other “illegal” infraction that the IRS can germinate. All infractions will incur enormous fines and/or the forfeiture of property and any “illegal” currencies.
Small businesses will not incur additional tax audits. But they will incur “currency” and barter investigations and/or cursory reviews. Recently two ATF agents and one Delaware State Police trooper questioned a homeowner about recent firearms purchases. The officers explained that they were part of a task force investigating potential straw purchases.
Look for the thousands of new IRS agents to show up at landscapers, restaurants, dog groomers, farriers, painters, mechanics, house cleaners, handymen, fitness trainers, and any other home-based businesses. Want to sell your car, personal property, a cow, hay, eggs, honey or firewood? Watch out for the CBDC IRS police.
No, the IRS doesn’t care about your money. Biden and his gang want to destroy the middle class, the free market, and small businesses.
Joe Biden is correct when he says, “We are battling for the soul of our nation.” But Joe Biden is trying to poison the soul of our nation with shallow sincerity, hypocrisy, and deceit, and with giveaways and cheap rhetoric. The liberal left and the mainstream media are infecting our nation with division and hatred. Joe Biden and his leftist handlers are slowly and deliberately destroying the freedoms that we hold so dear.
The new IRS agents are not coming for your money. They are coming to destroy your will and your way of life.
A point of insight: The left always tells us what they are going to do or they accuse conservatives or the alt-right media of hyping another “conspiracy theory,” which in and of itself proves the conspiracy is no theory. Or, the left tells you that “there is nothing to see here, move on.”
On August 15, 2022, Amanda Marcotte for MSN wrote the following:
“While Donald Trump spins out ever more brazen lies and nonsense to sow confusion over the seizure of stolen classified documents at Mar-a-Lago, Republicans have seized on a particularly gross conspiracy theory to justify their ridiculous claim that all of this somehow impacts the personal freedoms of every day Trump voters: ‘87,000 new IRS agents.’
A reference to new federal funding in the recently passed Inflation Reduction Act, this latest talking point appears to have been crafted originally as some anti-tax propaganda to get the base to defend the ability of the wealthy to cheat on their taxes. But it almost immediately morphed into something far more threatening. It is now an unhinged conspiracy theory that’s spreading rapidly through social media, as armed right-wing nuts are riling each other up to commit more acts of political violence.
The entire situation shows that Trump’s tactic of winking at right-wing extremists, in hopes they will commit violence on his behalf, has spread throughout the Republican Party. With this new lie about the IRS, both Republican leaders and Fox News have made it clear that they will not hesitate to stir up the most violent elements in their base, inflaming serious tensions for no other reason than the belief it helps them score political points during a midterm election.
…
So, the conspiracy theory boils down to this: President Joe Biden is using the IRS as cover to build up a secret police force of 87,000 armed jackbooted thugs who are coming to kick down MAGA doors to take guns, etc. We’ve all heard it thousands of times before from the Infowars and far right social media set, which has predicted for decades that a Kristallnacht for NASCAR fans is coming any day now. This time, however, the conspiracy theory is being pumped up not just by the fever swamps but by GOP leadership and Fox News.”
So, there you have it. Nothing to see here, move on. Another conspiracy theory exposed.
In realty, the new, improved IRS is another “brick in the wall,” another “piece of the puzzle.” Biden and the Global Cabal are destroying our nation so they can “build back better.” Everything is in place and the “man behind the curtain” is pulling all the strings. The United States of America is devolving into the Divided States of America. We are a post-constitutional nation that is bankrupt financially, socially, morally, and spiritually. I am sorry to say that our best days are past and the storm clouds you see are the coming decline and destruction of our nation. The fictional Sarah Connor knew the storm was coming. May we be as discerning.
I leave you with the definition of one of my favorite words, a word that I almost never use in a sentence, but I love the deep meaning of it.
Perspicacious:
a. A penetrating discernment – a clarity of vision or intellect which provides a deep understanding and insight.
b. Quick in noticing, understanding or judging things accurately.
c. An understanding or intuition of distinct detail.
d. Has intuition; can offer solutions that are on the side of right and truth; is able to see through things – read between the lines; has the ability to understand and interpret one’s environment.
e. Able to quickly pick out, from among the thousands of things seen, those that are significant, and to synthesize observations and develop and test working hypotheses.
f. Having or showing a clever awareness and resourcefulness in practical matters.
g. Ability to see multiple moves down the chess board and various strategies and outcomes.
h. Having no false illusions.
Work out your salvation with fear and trembling, with a perspicacious mind.
– Toby (Torah Obedient Believer in Yeshua)