GOP Rep. Brady Explains Why Inflation Reduction Act Will Cost Middle-Class Americans

While the recently approved Inflation Reduction Act contained a number of provisions that conservatives found wasteful and unnecessary, one of the most objectionable spending measures included a huge spike in funding for the IRS.

As U.S. Rep. Kevin Brady (R-TX), who serves as the ranking GOP member of the House Ways and Means Committee, explained in a recent interview, various aspects of the new law will take a huge financial toll on American taxpayers.

“This so-called Inflation Reductio Act, now called the climate bill, is going to raise taxes on middle-class families,” he said. “It’s going to hire up to 87,000 new IRS agents targeted mainly at what I would call value shoppers.”

Brady went on to note that “every penny really matters” to these Americans, estimating that there will be “710,000 new audits each year” with many of the collection efforts aimed at the middle class.

“Why in heaven’s name is Joe Biden and his White House harassing and picking on working-class families that they’ve most damaged since they’ve gone to the White House?” he wondered.

He is not alone in refusing to believe the Biden administration’s promises that the new IRS agents will primarily go after high-income Americans and businesses.

Last month, U.S. Sen. Lindsey Graham (R-SC) warned against celebrating the estimated addition of 87,000 more agents.

“If that makes you feel better, you have missed a lot,” he said. “They’re coming after waitresses, Uber drivers, and everybody else to collect more taxes. So, if you think growing the IRS is good for you, you’re wrong.”

Patrick Hedger, the executive director of Taxpayer Protection Alliance, similarly cautioned that the new IRS funding is likely to support collection efforts among “low-hanging fruit” including working-class and middle-class Americans.

Citing the status quo as his evidence, Hedger added: “This is what public choice economics tells us. If you’ve got a government job, you’re not going to make the hardest effort to go after some billionaire that’s got an army of accountants and lawyers able to fight back.”

Instead of simply adding more tax collectors to the agency, he advocated for “structural reform” within the IRS.

“Because it remains to be seen what kind of strings are going to be attached to this funding and what Congress is going to do in terms of oversight,” Hedger explained.