You nailed it exactly.
Do these fascist libs think anyone is stupid enough to believe we need that many new IRS agents to hunt down, harass, and force the less than 1,000 billionaires we have in America to 'pay their fair share' in taxes?
Of course they're coming after the little guy. That's why Biden reduced the dollar amount that gets flagged for bank transactions from $10K (not certain that amount is correct, but it's representative) to the $600 referenced in the meme. They're going to go after the 'mom and pop' type businesses that get paid thru Venmo, Paypal, etc.
The libs are just too stupid and willing to believe that Dementia Joe actually cares about the little guy, to recognize the reaming their buttholes are about to take.