Obama Budget Increases IRS Funding $1B
While President Obama’s budget cuts discretionary funding for the Department of the Treasury by 2.3 percent, it dramatically increases funding for his favorite agency: the Internal Revenue Service, which will be tasked with enforcing Obamacare taxation schemes.
“The Budget,” Obama’s proposal explains, “provides funding for the IRS to implement these tax provisions and to respond effectively to public inquiries about the Affordable Care Act’s new benefits and standards.” Overall, the budget for the IRS would increase by approximately $1 billion, an 8.4 percent increase in funding over 2012. “This investment pays for itself several times over, with strong tax enforcement returning $4 or more in revenue for each additional IRS dollar spent,” the proposal reads. In other words, for every taxpayer buck spent on the IRS, they will be enabled to grab another $4 in taxpayer money.
Obama’s budget further assures Americans that the budget would create “common sense debt collection reforms” that would bring in an additional $1 billion over the next ten years. It does not state how much such an initiative would cost.
Ben Shapiro is Editor-At-Large of Breitbart News and author of the New York Times bestseller “Bullies: How the Left’s Culture of Fear and Intimidation Silences America” (Threshold Editions, January 8, 2013).