I wonder just who they're buying it for (if the plan is to distribute it) or if they're storing it to create a shortage. Weaponized IRS has just taken on a new meaning. I don't know about the legalities of this, but it seems like a rather suspicious purchase for a tax collecting organization.
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If it was to benefit "someone" for political payback I'd wholly agree with you. This is most likely not the case here. Obama did the same thing with multiple federal agencies buying up ammo, including the Environmental Agency and the US Post office that clearly didn't have a police force function. Obama's buy up was to purchase the entire supply and drive the price of ammo way up. At the same time, Operation Fast n Furious was being implemented. All of this came crashing down when Fast-n-n-furious was exposed. What we are seeing here is 'Act' 2. I bet Operation Fast-n-Furious is back on track.