I would not be surprised if it turned out that the figure written into the bill was deliberately inflated because the Biden admin knew the Republicans would be looking for a way to cut it. In other words, they built something into the bill they could give up in order to make a compromise and still keep essential functions protected. In w…
I would not be surprised if it turned out that the figure written into the bill was deliberately inflated because the Biden admin knew the Republicans would be looking for a way to cut it. In other words, they built something into the bill they could give up in order to make a compromise and still keep essential functions protected. In which case, knowing the GOP puppet masters' fixation on taxes, they might also have planted a large number for the IRS into the bill to take the focus away from other provisions that might be harder to protect. That's all speculation, but given the way Biden handled the debt ceiling negotiations, it looks like he has a deeper appreciation for how legislation and deal making work than he's been given credit for.
I think you are right. Sometimes the size of the stick, rather than its frequency of use, gets more attention, corrected IRS submissions, and oh-my-gosh we made errors in reporting. I suspect a few swipes with the larger stick can get the intestines of criminal actions moving in the right way. Way fewer accounting firms likely to suggest "let them correct your claims" advice to corporations and deep pocket $400k+ cheats.
I would not be surprised if it turned out that the figure written into the bill was deliberately inflated because the Biden admin knew the Republicans would be looking for a way to cut it. In other words, they built something into the bill they could give up in order to make a compromise and still keep essential functions protected. In which case, knowing the GOP puppet masters' fixation on taxes, they might also have planted a large number for the IRS into the bill to take the focus away from other provisions that might be harder to protect. That's all speculation, but given the way Biden handled the debt ceiling negotiations, it looks like he has a deeper appreciation for how legislation and deal making work than he's been given credit for.
I think you are right. Sometimes the size of the stick, rather than its frequency of use, gets more attention, corrected IRS submissions, and oh-my-gosh we made errors in reporting. I suspect a few swipes with the larger stick can get the intestines of criminal actions moving in the right way. Way fewer accounting firms likely to suggest "let them correct your claims" advice to corporations and deep pocket $400k+ cheats.