Economists predict big fights between Biden, Republicans over beefed-up IRS, $80B expansion

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Economists predict big fights between Biden, Republicans over beefed-up IRS, $80B expansion
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Former Trump adviser Stephen Moore and Americans for Tax Reform's Grover Norquist argue Biden's IRS is being 'weaponized and politicized' to go after Republican policy.

The IRS reportedly hopes to modernize technology, improve customer service, deliver real-time alerts, provide "world-class" customer service and crack down on the so-called tax gap by enhancing enforcement of the wealthy.

The IRS under President Biden is"aiming at everybody," Americans for Tax Reform president Grover Norquist said on"Kudlow" Friday.are expected to be hired by the end of fiscal year 2025, including 8,782 hires in enforcement and 13,883 in taxpayer services. The new enforcement employees will be "exclusively" focused on high-earning households, larger partnerships and companies, according to IRS Commissioner Danny Werfel.

Conservative groups opposed to tax increases remain concerned that a beefed-up IRS means more audits for everyone, regardless of income. "Congress had the opportunity to vote to forbid increasing audits on people who earned less than $400,000. The Republicans put that up and said, ‘Okay, if that's what you want to do, let's put it into law,’" Norquist explained. "And Biden opposed it and every single"There's going to be a big clash between President Biden and this new Republican House of Representatives on this $80 billion for the IRS," Moore added to the conversation.

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