Taxes
It wonât become law, but itâs the latest move in a back-and-forth battle over the debt limit.
Sen. Bob Casey says the changes would help âlevel the playing fieldâ between workers and employers.
A critical office inside the IRS is supposed to help root out major tax evaders, but dysfunction and underfunding have diminished its power.
Their proposal would make Social Security fully solvent through taxes on higher earners and corporations.
WHAT'S HAPPENING
Republicans have made a drama out of legislation to hire some 87,000 IRS employees. Either they don't understand the bill, or they're pretending not to.
âThe GOP regards paying taxes not as a way of supporting the nation, but as an obligation to be avoided,â noted an editorial in The Charlotte Observer.
The former Trump Organization CFO will serve five months in jail as part of a plea agreement for his tax crimes.
The "deferential" agency was reportedly overwhelmed by an army of Trump accountants and lawyers and the complexity of his tangled businesses.
Republicans called the release of Trumpâs tax returns âa dangerous new weapon.â
Rep. Kevin Brady (R-Texas) called tax disclosure âa dangerous new weapon.â But Republicans have deployed it themselves and could do so again.