Biden's Plan to Crack Down on Tax Cheats with Stronger IRS Relies on Deterrence
Biden plans to generate $400B from stricter IRS tax enforcement.
Biden plans to generate $400B from stricter IRS tax enforcement.
An important reform in the bill before Congress would tax stock buybacks in a way that is more comparable to how dividends are taxed.
Kudlow: Anytime you're raising taxes on corporations, and that includes small businesses as well as large business, you're impacting the middle class.
The IRS is paying out new batch of surprise tax refunds — who's getting them? Hundreds of thousands of Americans reeling financially from Covid 19.
Increased IRS enforcement to collect unpaid taxes makes up the largest source of revenue in the legislation to be considered by Congress.
Biden's tax hikes may only raise $1.5T in revenue over next decade.
Despite having 171 GOP cosponsors, Republicans say they will need to wait until they have a majority to move forward with their bill.