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Sen. Roger Marshall, R-Kans., reviews expanding issues over the IRS adding more agents.
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SEN. ROGER MARSHALL: Those local business are going to obtain hammered by these audits. It's going to cost a local business $10 to $25,000 to defend the audit. And actually, it's simply cash down the drain that doesn't truly go to grow the economic climate in all. They're going to follow small business proprietors in addition to those moderate income people. We're going to bear the impact of this once again.
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US needs more border agents than IRS agents: Sen. Marshall
Sen. Roger Marshall, R-Kans., discusses growing concerns over the IRS adding more agents.
...
SEN. ROGER MARSHALL: Those small businesses are going to get hammered by these audits. It's going to cost a small business $10 to $25,000 to defend the audit. And really, it's just money down the drain that doesn't really go to grow the economy at all. They're going to come after small business owners as well as those moderate income folks. We're going to bear the brunt of this once again.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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