Henck, who worked at the IRS for 30 years until departing in 2017, slammed the IRS and others who have argued additional funding would only result in increased audits for billionaires and corporations. The Inflation Reduction Act, which President Biden is slated to sign into law this week, would nearly double the IRS' budget, appropriating an additional $79 billion to the agency over the next decade.
"The idea that they're going to open things up and go after these big billionaires and large corporations is quite frankly bulls--t," Henck told FOX Business in an interview. "It's not going to happen. They're going to give themselves bonuses and promotions and really nice conferences." Read more and see video here.