Opinion: IRS union backs Harris? A sign of what her presidency may mean for taxes.
Americans may soon face a harsh reality as federal budget deficits and debt approach unsustainable levels. Significantly higher taxes are likely on the horizon.
I couldn’t help but chuckle when I learned that the union representing IRS employees endorsed Vice President Kamala Harris last week.
Surely, this can’t be seen as a positive development, right?
A pro-Harris group, “Kamala’s Wins,” on social media seemed to think otherwise.
I have my doubts about what this endorsement could mean for my finances.
Harris has been closely associated with the significant spending undertaken by the Biden-Harris administration in the past four years, and her vague economic proposals suggest more of the same if she wins in November.
This is certainly favorable news for the IRS, which has seen budget increases during Biden and Harris’s tenure. Clearly, those who collect our tax dollars would like to see this trend continue under a Harris presidency.
And that should terrify the rest of us.
‘Kamala Harris is the obvious choice’
The IRS is the most unpopular government agency, which may come as no surprise.
A survey from the Pew Research Center indicates that half of Americans have an unfavorable view of the IRS.
This sentiment is understandable; most people dislike parting with a significant portion of their paychecks for taxes.
Nonetheless, the National Treasury Employees Union, which represents IRS workers and employees from 34 other federal agencies, believes that Harris will positively impact them. The IRS alone has over 80,000 full-time staff members.
“Kamala Harris is the clear choice when it comes to respecting federal employees, appreciating their contributions, and investing in their work,” stated NTEU President Doreen Greenwald. “She aligns with our values and is committed to ensuring that the federal government serves all Americans. She strongly supports the issues that are crucial for federal workers, such as fair wages, paid family leave, adequate funding and staffing for agencies, and strong collective bargaining rights.”
The NTEU’s endorsement highlighted the $80 billion allocated to the IRS in 2022 through the Inflation Reduction Act, which allows the agency to hire thousands more employees over the next decade (despite the misleading title of the act).
Although some funding was reduced during last year’s debt ceiling discussions, a significant portion remains intact.
Harris makes a push for union votes
Harris recently spent Labor Day in Detroit, engaging with union leaders from both public and private sectors, including prominent figures from the UAW and American Federation of Teachers.
Unions hold considerable sway due to their extensive political contributions, predominantly to Democrats. Despite only 6% of the private workforce being unionized, over 30% of government employees belong to unions.
This is concerning for taxpayers who must support these government workers, many of whom receive better and more expensive benefits compared to those in the private sector.
Harris’s commitments to unions, including the NTEU, come at a time when the nation is grappling with a debt crisis.
This year marks the first time the federal government has spent over $1 trillion on interest payments for the $35 trillion national debt (and growing). This trend is unsustainable amid other budgetary burdens, including shortfalls in Social Security and Medicare.
Nonetheless, the Biden-Harris administration hasn’t curbed spending, leading the Congressional Budget Office to revise its forecast for the 2024 fiscal year deficit to nearly $2 trillion—the highest spending outside of a crisis.
Americans are on the verge of a harsh realization as these budget challenges escalate. Drastic tax increases (considerably higher) will be inevitably required.
This may please the IRS, but it spells trouble for the rest of us.