Connect with us

Hi, what are you looking for?

Smart Investment StepsSmart Investment Steps

Investing

Bill taking aim at IRS would strip agency of guns and ammo

While American taxpayers are familiar with the annual rigmarole of filing their federal taxes and realizing just how much of their hard-earned money Uncle Sam is taking away, several House Republicans are pushing a proposal to take some things away from the Internal Revenue Service: Guns and ammunition.

The ‘Why Does the IRS Need Guns Act’ would disarm the federal agency, prohibiting the commissioner of internal revenue from using funds to buy, receive or store firearms and ammo, and requiring the transfer of IRS firearms and ammunition to the Administrator of General Services. 

The guns would then be sold or auctioned to licensed dealers and the ammo would be auctioned to the public. 

Proceeds would go to ‘the general fund of the Treasury for the sole purpose of deficit reduction,’ the measure stipulates.

The bill states that ‘there are transferred to the Department of Justice the authorities, functions, personnel, and assets of the Criminal Investigation Division of the Internal Revenue Service, which shall be maintained as a distinct entity within the Criminal Division of the Department of Justice, including the related functions of the Secretary of the Treasury.’

Rep. Barry Moore, R-Ala., introduced the measure, which is backed by three original cosponsors: GOP Reps. Harriet Hageman of Wyoming, Mary Miller of Illinois, and Clay Higgins of Louisiana. 

The IRS says on its website that its ‘mission is to provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and to enforce the law with integrity and fairness to all.’

But Moore claimed that the federal agency has regularly been ‘weaponized.’

‘The IRS has consistently been weaponized against American citizens, targeted religious organizations, journalists, gun owners, and everyday Americans,’ Moore asserted, according to a press release. 

‘Arming these agents does not make the American public safer. My legislation, the Why Does the IRS Need Guns Act, would disarm these agents, auction off their guns to Federal Firearms License Owners, and sell their ammunition to the public. The only thing IRS agents should be armed with are calculators.’

In an April 15 post on X Moore noted, ‘Tax Day is a great reminder that it’s time for the IRS to stop wasting our taxpayer dollars stockpiling guns and ammo.’

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Latest News and Articles




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    The gold price surged this week, rising to yet another new all-time high of more than US$3,160 per ounce ahead of tariff updates from...

    Stock

    Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that...

    Stock

    Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after...

    Editor's Pick

    Nickel prices experienced a volatile year in 2024 on uncertainty on both the demand and supply sides. This trend has continued into the first...

    Disclaimer: smartinvestmentsteps.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 smartinvestmentsteps.com