- September 29, 2021
- Posted by: Stratford Team
- Category: Business
Americans for Tax Reform President Grover Norquist discusses the long-term impacts that could come from an expansion of the IRS.
Americans for Tax Reform President Grover Norquist argued a potential expansion of the IRS would mean “no meaningful financial privacy for individuals or businesses” in the U.S. on FOX Business’ “Mornings with Maria.”
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GROVER NORQUIST: Biden says those auditors — the 87,000 roughly — new auditors, new hall monitors are going to go around and only bother rich people. That’s what he says. But the IRS says something different and has for months.
They intend to ramp up their audits of small businesses. The people who can’t afford to have the IRS go after them — they have to say, ‘OK, tell me what you want, keep it. It’s less expensive than lawyers. I can’t get bankrupted by the IRS harassing me.’ So they’re very easy to shake down and get them to bring in money. They act as…