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tax dodging
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
“The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years,” Sen. Ron Wyden said during a hearing.
IRS Has Collected Over $1B From Wealthy Tax Cheats, Thanks to New Funding
Republicans have clawed back part of the funding allowing the agency to chase after millionaires for unpaid taxes.
IRS Announces It Will Crack Down on Loophole Exploited by the Superrich
The Treasury Department estimates that the new IRS initiative could raise more than $50 billion in federal revenue.
IRS Pursues 125,000 Non-Filing Cases in Crackdown on Wealthy Tax Evaders
The IRS chief said there was a “tax gap” of over $150 billion each year that the wealthy owe but do not pay.
IRS Estimates $561B Tax Revenue Rise With Crackdown on Corporations and the Rich
Republicans have waged a multiyear effort to claw back the funding that allows the IRS to increase scrutiny on the rich.
Tlaib: Meta’s Taxes Would Drop From 25 Percent to -2 Percent Under New Tax Bill
Congressional leaders are working on a bipartisan tax bill that would hand tax cuts to corporations and the rich.
Report: Thomas May Also Be Dodging Tax Bill With Failure to Report Gifts
The likely millions of dollars worth of gifts Thomas has received may count as taxable income, a recent report found.
Warren, Sanders Call for End to Rules Letting Billionaire Dynasties Dodge Taxes
The lawmakers are calling for scrutiny of some of the most popular forms of tax evasion by the richest Americans.
Democrats Lambast GOP Plan to Abolish Income Tax and Impose 30 Percent Sales Tax
“Are they TRYING to show exactly how out of touch they are?” Sen. Elizabeth Warren wrote.
Republicans Vote to Revoke IRS Funding, Which Would Raise Deficit by $114B
The White House slammed the bill, saying the GOP has made it clear its top priority is to protect rich tax cheats.