Republicans have dropped a proposal to increase funding for the IRS from the bipartisan infrastructure bill.
Several GOP senators now say they’re wary of the bipartisan infrastructure proposal, leaving it in limbo.
This corporate billionaire space race? You can keep it.
“So you’re telling me they’re against catching tax cheaters?” asked Rep. Ro Khanna.
Billionaires’ “family investment offices” help them to dodge taxes and snarl efforts to make their finances transparent.
A majority of the companies surveyed widened their CEO-to-median-worker pay ratio last year as CEO pay skyrocketed.
The report found that the wealthiest Americans are often able to dodge most, if not all, federal income taxes.
Recent wealth gains of U.S. billionaires compared to IRS data show the true tax rate paid by the mega-rich.
Warren’s plan is larger than Biden’s recent IRS proposal and is more specific in its aims to go after the wealthy.
A number of polls demonstrate huge support for raising taxes on corporations and wealthy income earners.