In Monday’s commentary, I observed that if you want to control the national debt, then the dumbest thing you could do would be to cut the new funding for the IRS.
, I observed that if you want to control the national debt, then the dumbest thing you could do would be to cut the new funding for the IRS.-enforcement of the tax code was costing the treasury about $1 trillion every year!The reaction was one listener who wrote in saying ‘Bravo,’ and another listener who said, ‘Sorry, Dave, we have every right to keep our money from the government.
“Already we spend more on interest payments than we do on programs for children, and in the next five years, we will spend more on interest payments than we do on defense,” MacGuineas continued. “The additional money is actually going to be used to try to close that tax gap and ensure people that aren’t paying everything that they owe, that those taxes are collected,” MacGuineas said. “I don’t want to pretend that just collecting taxes that are owed is going to fix this entire problem, but absolutely, it will collect significant revenues.
And one more thing — she says even if the Republicans got every cut they’re asking for, it would only be a start.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ross: Trillions in taxes are being stolen by the wealthyI stress this is money that could be collected without raising general tax rates. It’s already owed. It’s been shoplifted from the treasury.
Leer más »
Police Are ‘Concerned’ About Rick Ross’s Car Show Next Month: ReportPolice are monitoring the situation surrounding Rick Ross's car show and expressing concerns about its impact on the local community. RickRoss carshow
Leer más »
GOP's cut to IRS funding in debt limit plan would backfireCongressional analysts say dinging the agency would put the U.S. $120B deeper in the hole.
Leer más »
Hunter Biden investigation: Second IRS whistleblower claims retaliationA second IRS whistleblower has alleged retaliation for raising concerns that Justice Department leadership was 'acting inappropriately' on the investigation into Hunter Biden, the Washington Examiner has learned.
Leer más »
Tracee Ellis Ross encourages Black women to 'make space for yourself'Tracee Ellis Ross receives honorary doctorate from Spelman College, telling graduates to 'make space for yourself.'
Leer más »
Liberal Media Scream: NBC’s Chuck Todd says only tax cheats oppose more IRS agentsThis week’s Liberal Media Scream shows exactly the difference between small-government conservatives and big-government liberals.
Leer más »