10 August 20221 Minutes

Matt Wong

Founder and Editor

The Internal Revenue Service (IRS) is going BEAST MODE in the USA and massively clamping down on the population.

This is relevant for our Australian and international audience because as is so common in law and policy, politicians often take inspiration from, and justify their policy through, moves made in similar countries. Falsely named the 'Inflation Reduction Act', the laws include 'the biggest burst of spending in U.S. history to tackle global warming - about $370 billion' and other gargantuan spending programs including a more than doubling of the IRS. The claim is that an increase of 80,000 IRS Agents is required to go after tax-dodging billionaires but the data suggests the opposite (see infographic). Even the government's own Congressional Budget Office admits that the Inflation Reduction Act of 2022 will not reduce inflation. The Act passed the upper house 51 votes to 50 and is expected to easily pass the lower house before being signed into law by President Biden. Will we see similar a similar corruption of meaning and definition in policies and laws here in Australia or will the media and population fight back against doublespeak? *Data is taken from the actual Inflation Reduction Act and commentary by The Wall Street Journal, The New York Times and The Washington Post.