Armed officials coming to take your money sounds like something out of a sci-fi movie…
Yet with The Inflation Reduction Act, Biden is making it a reality.
He’s investing $80 billion into the IRS. This will allow them to hire 87,000 new agents1 and double in size.
And, as their recruitment ads show, they’ll be armed with firearms and they’ll be expected to “use deadly force” if necessary.
They’re like an army of tax ‘footsoldiers” who’ll be carrying out up to $200 billion worth of tax audits.
The Biden administration said the legislation is aimed at “wealthy corporate tax cheats,” and small businesses or households that earn less than $400K a year will not be targeted.
However, don’t be fooled by their words.
The facts are:
It’s called the Inflation Reduction Act. However, the reality is, it’s going to increase inflation and make middle-class Americans poorer.
Small business owners and middle-class individuals are easy targets for these IRS agents. Unlike the ultra-wealthy, they can’t hire lawyers to protect themselves.
Just 4% to 9% would come from businesses making over $500,000 a year.
“The IRS will have to target small and medium businesses because they won’t fight back,” Joe Hinchman, executive vice president at National Taxpayers Union Foundation, told The New York Post.
The Inflation Reduction Act has dire consequences for retirees:
42% of Americans are already struggling financially.
Gas, heating, and air-conditioning prices are skyrocketing.
Now retired Americans will have to face higher taxes  and increasing tax audits.
Retirees will be less able to enjoy their golden years by going on vacations or even eating out.
The system is too big to take on.
The only way to win is by taking advantage of little-known legislation.
Like a small occupied country defeats a more powerful oppressor…
You need Guerrilla Financial Tactics to fight back.
This is what Harvard-trained economic analyst Devlyn Steele shows you how to do in the “Inflation Fighter Kit” he’s put together.
This FREE 28-page Gold IRA Guide shows you how to diversify $100,000+ IRAs/401(k)s using intel and tools that can help you hedge against inflation.
The guide contains a unique IRS loophole that lets you move your IRA, 401(k), pension, TSP, or savings account into certain tax-advantaged investments that could protect you from Joe’s plans to get all of your money his agents can get.
You can move your money 100% tax- and penalty-free too.
The reprieve won’t last forever.
Legislators are working round the clock to make their plans airtight.
All the details are laid out for you in this FREE GUIDE to protecting your wealth and retirement savings.
Get those details now so you can protect your future.
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2- source: IRS.gov, “IRS Budget & Workforce” (accessed 8/13/22).
4- Source: Congressional Budget Office, “The Effects of Increased Funding for the IRS” (accessed 8/30/22).
5- source: WhiteHouse.gov, “Press Briefing by Press Secretary Karine Jean-Pierre” (August 9, 2022, accessed 8/13/22)
6- Source: Senate.gov, “Roll Call Vote 117th Congress – 2nd Session” (August 7, 2022, accessed 8/13/22).
Copyright 2023 Shield Retirement
The Gov’t Wants to Track Your Spending Habits and Enforce Top-Down Control with a Chinese Style “Social Credit System”