Democrats like Sen. Sanders and Warren want the government to collect more taxes for the rich and big business that got a break from the 2017 Republican tax reform giveaway….
Republicans do NOT…
And don’t fool yourself…
Neither do some Democrats who get campaign money from big business…
All this about the Biden admin hiring more IRS people to audit the rich and business maybe talk…
The tax burden for America IS likely to stay on the middle class like it has been for a LONG time…..
Flashback: Congressional Republicans have worked to starve the IRS by shrinking its budget by roughly 20% from 2010 to 2018.
- Smaller IRS budgets mean fewer audits — and more room for tax evasion.
- According to the Washington Post, those cuts led to 30% declines in the number of employees in the IRS enforcement division, “with even steeper drops among the highly specialized workers who handle the most complex cases.”
- The bipartisan infrastructure deal would inject the agency with a substantial boost in funding — increasing its annual budget by more than a third over 10 years.
Between the lines: Republican senators cite a catalogue of grievances with the IRS as reasons why Congress shouldn’t be giving it more money.
- They include aggressive scrutiny of Tea Party groups during the Obama administration, and a recent massive leak to ProPublica of some of the wealthiest Americans’ tax returns.
The bottom line: It’s a good time to be a tax-dodger in America….
Senate Republicans block Schumer’s effort on the budget…..