Inflation Reduction Act will put burden on consumers, make unions happy: Billionaire CEO

United Refining Company Chariman and CEO John Catsimatidis discusses the increase in IRS agents and its effects on middle-class Americans and unions.

Billionaire CEO and chairman of United Refining Company John Catsimatidis criticizes the addition of 87,000 IRS agents amid economic problems.

Billionaire CEO and Chairman of United Refining Company John Catsimatidis criticized the Inflation Reduction Act ahead of the House vote for increasing IRS auditors and burdening consumers. On "" Friday, Catsimatidis argued the move to increase IRS auditors will make unions happy but target middle-class Americans' wallets.

ENERGY REPS SAY DEMS' SPENDING, TAX AND CLIMATE BILL ‘BAD IDEA’ DURING RECESSION AS HOUSE PREPS FINAL VOTEForbes says there's about a thousand billionaires in our country. OK. You need a thousand agents for 3,000 billionaires. Now, what do you do with the other 84,000? What's going to happen is going to go after the middle class. They're going to go after the Uber drivers not reporting their tips.

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