Hiring 87,000 IRS agents is the most bullish indicator for markets

If the markets have taught me anything, it’s to try to look at things from a different perspective.

Many people suggest that the increase in IRS agents is a bad thing for the average Joe.

Maybe it is. Maybe it isn’t.

One thing is true though, tax implications usually occur during the sale of something.

The sell usually occurs when someone is in profit. I don’t believe tax-loss harvesting is a popular strategy.

Income tax is one of the largest revenue streams for the state. It is imperative that the state manage it’s debt obligations.

What am I getting at?

The U.S. government is proactively increasing it’s number of IRS agents in anticipation of a bullrun

Call me crazy but I don’t believe the state is as inept as people think. They need your money and they need more man-power to extract it.