IRS power will grow a lot to harass more people: Kevin Hassett



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.’ #foxbusiness #kudlow

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46 comments

  1. Tell them to bring a body bag for each of them

  2. Because it immediately affects their level of living, people are impacted by inflation far more swiftly than they are by a stock or real estate market disaster. It is hardly surprising that market sentiment is as gloomy as it is right now. We are in desperate need of your help if we are to survive in this economy.

  3. That's fine but it's real hard to get out of the woods from down where I live

  4. Don't you all think IRS should be investigated especially when Trump paid zero income tax ?

  5. Go figure. The party in charge, wants the IRS to harass everyone more. You people smoke Bunter Hiden's cheese don't you. Tell me what big government does right? Steal? Hell, they gave SW airlines 7 billion for what again? Good job with our money. The people that voted for these people in charge, are seriously outsmarted by my houseplants.

  6. They want all the extra IRS agents is to help keep the peon's in line when the central bank launches the CBDC. They want the ability to collect taxes from people that can't afford tax lawyers or have shell accounts. The government wants the extra money to help cover their deficit spending. This is not to get more from the rich. It is to get more from the poor and middle class.

  7. THE IRS TOOK DOWN

    AL CAPONE
    WILLIE NELSON
    WESLEY SNIPES
    NICHOLAS CAGE

    for not paying TAXES

    TRUMP'S GOING TO PRISON

  8. FOX NEWS & THE TRUMPANAZIS
    WANT TO DEFUND EVERYTHING
    BECAUSE
    TRUMP'S GOING TO PRISON

  9. ATTENTION TRUMPANAZI
    PAYING TAXES
    ISN'T HARASSMENT

  10. COMMUNISM has no FRIENDS.
    Only useful IDIOTS.

  11. "Delay" does not mean it is gone – be ready. It is a trap.

  12. I wish they would investigate all the leftwing foreign businessmen propping up the Democrats and their policies that hurt our country. Isn't that illegal?

  13. Your comments clearly make the issue evident that DEMOCRATS ARE MUCH SMARTER THAN THE GOP.
    Those GOP reps who supported the bill have to be voted out at the next primary election.

  14. The know 2 irs employees. Both completely worthless.

  15. Yet, it's still on the books…

  16. Right wing schmucks may be caught using venmo or the like. The Left probably has their new version of FTX already operational.

  17. Old. Money. I paid my house off with cash this year ! 75k. I don’t believe in banks …. Mason jars. Feed bas in the barn …. Cash is king

  18. Pay no taxes to illegitimate governments, elections have consequences, stolen elections have catastrophic consequences ,TAX REVOLT NOW, DRAIN THE SWAMP, DEFUND DC.

  19. The IRS isn't even "government " . It's a private company incorporated in Nevada. The only state that doesn't require you to reveal corporate officers.

  20. Power corrupts…….
    Absolute Power, corrupts Absolutely.

  21. Good and harass. Make that make sense.

  22. For a couple years then Trump will fire the lot.

  23. These bad bad republicans, they need to be replaced with better republicans at their next election

  24. Now is the time to research the function of IRS and determine if it is a legal organization without harming people who inquires about it.

  25. I think those new IRS moms might miss them. Their gonna come to everyone's doors to threaten us for the rest of our money. We American people are not the THEIVES or LIARS. It's the government that are LIARS and THEIVES.

  26. ANNUAL AUDITS SHOULD BE MANDATORY IF YOU
    WANT TO GET INTO OR REMAIN IN PUBLIC
    OFFICE.
    ALL POLITICIANS SHOULD BE COMPELLED!

  27. Since the workforce is so upside down, won't the IRS be left to harass all of the new imports Biden invited? That should end well.

  28. I heard that $80B for the IRS to expand was pulled from this recent spending bill so they won't be expanding.

  29. Incorrect. They will gain enough authority to make an attempt. Past that it’s really just a matter of how messy things get.

  30. What is Our Recourse❓
    87,000 ? That is An Army ❗🤔

  31. Another corrupt agency getting more funding to harass Americans.

  32. IRS is a Crown agency and they are royalist agents. We remain in the grasp of Great Britain.

  33. Tax law should take effect from the beginning of a tax year and not retroactively.

  34. Only tax criminals fear the IRS. Hire a good tax accountant, or better yet, a tax attorney, and audit defense insurance you shouldn't have to worry.

  35. Congess will always take the path that feathers their own nests. Make no difference whether it's Republicans or Democrats.

  36. How about instead of targeting American citizens we make people like Dr fauci legally responsible for showing what type of donations they get from pharmaceutical companies and tax that I'm sure that the millions of dollars that he's probably gotten from Pfizer and a lot of the money that politicians are getting would add up to a lot larger of a sum instead of just targeting the American people but hey it's America the people aren't important

  37. I deal strictly in CASH. If the bank asks me why I pull out thousands out of my account they can kiss my Donkey.

  38. If you go to work for irs you are the enemy of the people

  39. The IRS is illegal in the first place

  40. Only Russia and Putin can bring down the Empire..here's hoping!

  41. Ex IRS workers knows they are not legal. Challenge them. Stand up America. Stop being afraid! The Law book is the Original Constitution…

  42. Everything including Congress is a company making money off you!