Treasury Secretary Janet Yellen defended the Internal Revenue Service in a speech Tuesday against repeated threats from Republicans to cut the agen...
Treasury Secretary Janet Yellen defended the Internal Revenue Service in a speech Tuesday against repeated threats from Republicans to cut the agency’s funding.
“Playing politics with IRS funding is unacceptable. Cutting it would be damaging and irresponsible,” Yellen said. The IRS was allocated an influx of $80 billion by the Democrats’ Inflation Reduction Act, which passed last year. The funds are intended to help crack down on tax cheats and improve taxpayer service.Jeff Bezos sparked a debate over taxes this week without mentioning them. The tax implications of his Seattle-to-Miami move show why
Bernie Sanders calls for income over $1 billion to be taxed at 100%: ’People can make it on $999 million’
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