Skip to content

Democrats’ Plan for IRS Snooping & Slower Economic Growth

October 07, 2021

On “I’m Right with Jesse Kelly,” Ways and Means Republican Leader Rep. Kevin Brady (R-TX) warned against Democrats’ plan to supercharge the IRS, while previewing the September jobs report on “Hold the Line with Buck Sexton.”


Warning against Democrats’ plan to turn banks into local chapters of the IRS, Rep. Brady said:


“They are not going after the wealthy. They’re not going after big corporations here. This bank surveillance is terribly intrusive.

“The IRS frankly doesn’t know what to do with the information, and can’t keep it private. It is really aimed at farmers, small business owners, and working families. It is the biggest intrusion in our lifetime. And then you add on top of that 80,000 or more IRS agents and you’ve got a supercharged IRS landing right on top of normal people.”


CLICK HERE to watch the full interview.


On President Biden’s persistent jobs deficit and slow economic growth, Rep. Brady said:


“The President’s been in office nine months, his economic record is marked by pretty disappointing jobs numbers. Certainly a devastating worker shortage, and now for the whole year, higher prices that have really been devastating for families’ pocketbooks. 


“The question is: On Friday, does he reverse any of that? And my guess is that the answer is no. He is well short — 600,000 some — jobs short of his promises. We call it the Biden Jobs Deficit. We think that deficit will grow, because as you said, he needs about 1.3 million to keep his promise of jobs.”



CLICK HERE to watch the full interview.




Democrats Will Have the IRS Snoop on Americans’ Bank Transactions to Pay for a Giveaway to the Wealthy.

  • Under the guise of going after the “tax gap,” President Biden has a proposal to spend $80 billion on an army of auditors and to turn local banks into chapters of the IRS to report on the gross transactions of your personal and business bank account is unacceptable to the American people.
  • Every American must pay their taxes, but there’s very little evidence suggesting the IRS estimate on unpaid taxes (dubbed the “tax gap”) is accurate, given that it may be based on data from seven years ago or wild guesses on foreign transactions, cryptocurrency, concealed income, and other sectors.
  • Meanwhile, Democrats have vowed to repeal the $10,000 SALT cap before the reconciliation bill heads to the House floor.
  • Most of the repeal – which could cost up to $440 billion – goes to cut taxes for individuals making more than $1 million a year.


READ: Fact Check: Biden’s Supercharged IRS Includes Bank Reporting, Hardships for Taxpayers


President Biden Has Fallen Short On His Jobs Promises and is Slowing Our Economic Recovery.