Sen. Warren wants to expand IRS powers beyond the Inflation Reduction Act to prepare tax returns

[mystery-ak]

54 mins ago
Sen. Warren wants to expand IRS powers beyond the Inflation Reduction Act to prepare tax returns
Giving the IRS the ability to prepare individual tax returns is a controversial idea

By Fred Lucas FOXBusiness


Tucked into the tax and spending bill that passed the Senate this weekend was a $15 million provision to study allowing the IRS to prepare taxes.

The provision comes after Sen. Elizabeth Warren, D-Mass., and other Democrats have pushed legislation for adding tax filing to the agency's purview.

The Inflation Reduction Act, which passed the House Friday after clearing the Senate — the vote was 50-50 with Vice President Kamala Harris breaking the tie — appropriates almost $80 billion to the tax agency. That would enable the IRS to hire its desired 87,000 agents over the next decade to increase tax enforcement.

A small part of the funding includes $15 million dedicated to fund a task force to study the cost and feasibility of creating a free direct e-file program, which has been a controversial idea.

Warren wasn't planning to wait for a task force study and already filed a bill to develop a free, online tax preparation and filing service that allows all taxpayers to prepare and file their taxes directly with the federal government instead of through private tax preparers.
Elizabeth Warren

The Warren proposal would move more quickly to allow filers with simple tax situations to choose a "return-free option" that provides a pre-prepared tax return with an income tax liability or refund amount already calculated. Proponents also say it would reduce tax fraud by getting third-party income information to the IRS earlier in the tax season.

Warren’s bill has 22 Senate Democrat co-sponsors. Representatives Brad Sherman and Katie Porter, both California Democrats, are the lead sponsors of the House version.

"The average American spends 13 hours and $240 every year to file their taxes — that's too much time and too much money," Warren said in July, before Sen. Joe Manchin, D-W.Va., announced his agreement on the reconciliation package.

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https://www.foxbusiness.com/politics/sen-warren-wants-expand-irs-powers-beyond-inflation-reduction-act-prepare-tax-returns

[libertybele]

What a bunch of crappola.  The average American spends 13 hours to do their taxes?  Where are they coming up with that data?? A couple of hours tops. With using Turbo Tax and importing data from our brokerage account and bank it takes me less than 2 hours to gather all the information needed and input it in to the program.

I think that the average American doesn't have such a complicated tax return that it would take them thirteen hours to complete. 

I don't want the IRS handling my tax return other than giving us a refund if it is due!!

I filed our taxes in March and we received our measly refund a week ago.  I refuse to have the IRS direct deposit into our bank account.  They had to take the time to issue us a paper check.  The time it took is ridiculous.

86,000 agents aren't needed as well. I'm not buying that they are only going to target those that make $400,000 and above.  They are going to target everyone and it will be a political witch hunt.  We make well below that $400,000 threshold and we've been audited 3 times.

ABOLISH THE IRS!

[EdinVA]

So, exactly how is an additional 87,000 IRS goons gonna lesson the amount of time/effort we spend on taxes?
There are at least a dozen e-file systems out there already so help me understand who your gonna bribe with my $15 million?
Damn crooks..

[cato potatoe]

Sweden does something like this, but they have barely any deductions or credits. 

I don't think you want Joe Biden's IRS calculating your taxable income.

[libertybele]

So, exactly how is an additional 87,000 IRS goons gonna lesson the amount of time/effort we spend on taxes?
There are at least a dozen e-file systems out there already so help me understand who your gonna bribe with my $15 million?
Damn crooks..

The Gestapo is well under way.

[Hoodat]

Elizabeth Warren is a straight up ivory tower fascist.

[libertybele]

Sweden does something like this, but they have barely any deductions or credits. 

I don't think you want Joe Biden's IRS calculating your taxable income.

I have read and I contend that the IRS is nothing more than a private collection agency who is contracted by the US Treasury department. They have no Legal Statute authorization.

By Joe & Company authorizing 86,000 weaponized agents, they are forming an army against the people.

[LMAO]

I don't think you want Joe Biden's IRS calculating your taxable income.

Oh hell no