House Republicans are set to hold a vote on the Family and Small Business Taxpayer Protection Act which would rescind IRS funding for hiring more agents.
Former Chair, Council of Economic Advisers Kevin Hassett discusses the IRS postponing its tax rule on Venmo and PayPal payments over $600 and concerns of overreach on 'Kudlow.'from hiring thousands of additional agents to enforce tax policies under the Democrats' Inflation Reduction Act that was enacted last Congress.
In this photo illustration, the homepage of the Internal Revenue Service website seen on a computer screen through a magnifying glass. "The Administration’s $45 billion plan to hire 87,000 new IRS agents and target Americans with a flood of audits was absurd from the start, especially as families and small business owners struggle under skyrocketing prices brought on by reckless government spending," said Rep. Steel in a statement to FOX Business. "As a lifelong tax fighter, I am proud to introduce this legislation with Rep.
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