Senate Finance Chief: Nothing Unites GOP More Than 'Helping Rich People Cheat on Their Taxes'

  • 📰 commondreams
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

'It's a centerpiece of the ransom Speaker McCarthy has cobbled together as he threatens to trigger a catastrophic default,' said Democratic Sen. RonWyden.

found that the richest 1% of U.S. households don't report 21% of their income, often making use of"sophisticated evasion" that the weakened IRS has failed to combat.

Repealing the new IRS funding, which is spread out over a decade, would run counter to the stated concerns of Republican deficit hawks. The Congressional Budget Officeearlier this year that cutting off the funding would add $114 billion to the deficit over a ten-year period. "Working people pay their fair share of taxes. It's time the rich and corporations do the same," the progressive advocacy group Americans for Tax Fairness

Wednesday."Republicans are threatening default because they want the rest of us to keep footing the bill for the wealthiest Americans."and climate investments, faces long odds in Congress, with Democrats in the House and Senate expected to unanimously oppose it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RonWyden CD, Elon should shit can the rich escape rockets, and the social media 'Negative Externality Cost' dumping ADS, and then focus, like an effin laser on Tesla EV's to save our earth!

United States United States Latest News, United States United States Headlines