Pandemic unemployment programs are significantly underreported, giving a misimpression about their effectiveness.
Internal Revenue Service
Posted inEconomic Policy
The Predators Making Big Profits From Poverty
The shady tax refund industry skims onerous junk fees from low-income returns and shares personal taxpayer data in the process.
Posted inEconomic Policy
Secretary Yellen, Where Are the Crypto Tax Regulations?
After almost two years, the Treasury Department hasn’t even started trying to force crypto companies to pay what they owe.
Posted inEconomic Policy
The Auto-CR Dilemma
Today’s X-Date: If the debt ceiling deal passes, the military budget goes up and IRS funding gets slashed. But if Congress doesn’t pass the subsequent spending bills, that reverses.
Posted inEconomic Policy
Republican Debt Ceiling Lies
Today’s X-Date: GOP members insist they’re worried about the national debt. It ain’t true.
Posted inEconomic Policy
The IRS Takes a Welcome Step Into the 20th Century
Maybe by 2100 America can have a proper tax authority.
Posted inTAP
McCarthy’s Losing Game of Debt Chicken
Today on TAP: Everything has to break right for the hapless Speaker to pass his budget, and even then Biden holds all the cards.
Posted inEconomic Policy
The Taxman Cometh
A new plan from the IRS lays out how the agency intends to revamp itself.
Posted inEconomic Policy
Closing the Earned Income Tax Credit Audit ‘Doom Loop’
More taxpayer education could get some people out of this IRS vortex, but the real issue is assumptions guiding the agency’s apparent fixation on certain Black filers.
Posted inEconomic Policy
The Case for a Banking Public Option
Every individual and business should get the same Federal Reserve account benefits that banks enjoy.