Get ready for the tax audit

May 7, 2009
By 1 comment

Prioriities: President Obama is spending so much money, he needs to be really creative in finding ways to fund all of that spending. What better way to increase tax revenues than to double the budget for tax law enforcement?

President Barack Obama proposed on Thursday nearly doubling funds to enforce U.S. tax laws next year, with an aim of more than quadrupling funding for tax compliance to $2.1 billion within five years.

The budget plan seeks $12.1 billion for the Internal Revenue Service, responsible for collecting and enforcing individual and corporate tax laws, for fiscal 2010, which begins October 1. That amounts to a roughly 5.2 percent increase over the IRS budget for 2009, which was $11.5 billion.

In other words, bend over.

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One Response to Get ready for the tax audit

  1. Pat Houseworth on May 7, 2009 at 3:23 pm

    “Bend Over America, The Tax Man Commeth”

    Thank God I’ve reached 60…too old to care, if they come, I’ll take my 3 hots and a cot…I have a feeling I won’t be alone. Anybody that loves freedom of speech, and guns, will be right there behind bars with me.

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