First of all, I would like to start out with some housekeeping. A lot has been said over the last few days about the huge number of IRS employees that are intended to be added by the Biden administration, and I just want to clarify some numbers. There are new employees who are going to replace retired employees, but there are still 25,000 new employees who are going to be added to the Internal Revenue Service. I should point out that, over time, you would expect--and this apparently surprises some people--you would expect the number of IRS employees to drop. I used to do taxes. I haven't done those for over 25 years now. Even at that time, as things became more computerized, if you got interest income or dividend income or capital gain income, the IRS would match up those numbers with what appeared on your tax return. If you got from U.S. Bank $1,000, and you didn't put it on your return, you could expect a letter in the mail: Where is the $1,000? Please give us another $300 in taxes. You do not need more employees to do that sort of thing. Again, when you talk about 25,000 more employees than the past, for a State the size of Wisconsin, that is really a small army of 500 new employees. Sometimes, it is easier to bring down to the State level because we deal with such big numbers. Whether you are talking about Massachusetts, Maryland, Missouri, or Washington State, they all can expect about 500 new employees.…
Glenn Grothman: “First of all, I would like to start out with some housekeeping. A lot has been said over the last few days about the…”
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