“House Republicans want to return to the lawless days of rampant tax evasion by the nation’s wealthiest.” During the final year of Donald Trump’s presidency, the Internal Revenue Service audited low-income families at a higher rate than millionaires for the first time, according to an Americans for Tax Fairness analysis released as congressional Republicans work to further […]
The Wisconsin Republican millionaire accused working-class Americans of “getting a lot more in return” from the key social program than rich people who pay disproportionately less into its coffers. U.S. Sen. Ron Johnson came under fire Wednesday after the multimillionaire Wisconsin Republican asserted during a Senate hearing that Social Security—an economic lifeline for tens of […]
“If House Republicans were actually serious about the deficit, they would demand wealthy corporations pay their fair share in taxes,” one advocate said. After threatening to force the government into default over the debt ceiling, Republican lawmakers Friday introduced new tax cuts that could add at least $21 billion to the federal debt over the next decade. Three […]
“Further evidence that this was never about the debt. It’s about squeezing families to protect billionaires.” Republican negotiators are reportedly close to securing as much as $10 billion in cuts to recently approved Internal Revenue Service funding as part of a debt ceiling deal with the White House, a development that critics said further shows the GOP’s […]