A New ‘Battle Royale’ Over Extending the Trump Tax Cuts
Republicans have been hammering President Joe Biden over inflation running at a 40-year high. The “Commitment to America” agenda outlined last month...
IRS Whistleblower Program Running Out of Steam
An IRS whistleblower program that has produced more than $6 billion in payments since 2007 is languishing due to a lack of funding, The Hill’s Tobias...
The ‘Astounding’ Decline in US Child Poverty
The child poverty rate in the U.S. has fallen dramatically over the last quarter century, and an expanded social safety net has played a leading role...
Democrats Eye 'Hail Mary' Effort to Revive Their Child Tax Credit
The White House and some Senate Democrats are reportedly eyeing a “Hail Mary” effort to revive their enhanced child tax credit this year. Hans Nichols...
IRS Chief Pushes Back on GOP Audit Claims
“As the nation’s tax administrator, the IRS plays a unique role in our nation. It can be a difficult job. After all, does anyone really like paying...
FBI’s Mar-a-Lago Search Fuels Republican Attacks on IRS
The FBI’s search last week of former President Donald Trump’s Mar-a-Lago estate has helped fuel GOP attacks on Democrats’ newly passed Inflation...
The Battle to Define Democrats’ Inflation Reduction Act
The ad wars have begun. As we mentioned yesterday, now that President Joe Biden has signed the Inflation Reduction Act into law, Democrats will be...
What Will the IRS Do With $80 Billion?
Republicans and anti-tax activists are railing against the $80 billion in additional funding provided to the IRS through the Inflation Reduction Act...
Yellen Orders IRS Not to Ramp Up Middle-Class Audits
Treasury Secretary Janet Yellen has directed the Internal Revenue Service not to increase its audit rate on households earning less than $400,000 per...
Corporations Pay More, Middle Class Pays Less Under Dem Climate Bill: Analysis
The Inflation Reduction Act, which is expected to pass the House later this week before heading to President Joe Biden’s desk to be signed into law...