Elon Musk reacts to $80B IRS overhaul in Inflation Reduction Act: ‘Seems high’

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Elon Musk reacts to $80B IRS overhaul in Inflation Reduction Act: ‘Seems high’
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The IRS could more than double in size with the massive funding.

President Biden and other Democratic proponents of IRS expansion argue the initiative will help to close the “tax gap” – or the amount owed to the federal government compared to what is actually collected. But Republican lawmakers and other critics say the funding will place costly burdens on individual taxpayers and small businesses.

Republican firebrand Rep. Marjorie Taylor Greene took her criticism of the IRS plan a step further in a Twitter thread.

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