Commissioner Chuck Rettig disingenuously claims he can’t meet the program’s July launch deadline.
Internal Revenue Service
Posted inEconomic Policy
A Decisive Tax Defeat for the Multinationals?
Altera, owned by Intel, just lost a major case on corporate offshore tax evasion. It could signal the end of ‘transfer pricing’—the most common and flagrant way big companies avoid taxes.
Posted inCoronavirus
It’s Time to Revive the Excess Profits Tax
As during the world wars, companies that profit because of the crisis should not grow rich just because of the crisis.
Posted inDay One Agenda
Create a More Progressive Tax Policy
Congress writes the laws, but the IRS interprets them, and they can do so in ways that make the system more fair.
Posted inEconomic Policy
Why Democrats Need to Save the IRS
An ambitious, progressive agenda must begin with fixing the IRS.
Posted inEconomic Policy
Why Is the IRS Auditing the Poor More Than the Rich?
EITC recipients get scrutinized, while the offshore accounts of corporations and the wealthy generally don’t.
Posted inMoney, Politics, and Power
Demonizing the IRS to Protect Tax Evaders
Weakening tax enforcement combined with new complexity invites evasion and massive illicit tax savings for the rich.
Posted inEconomic Policy
Audits Endanger Tax Credits for the Working Poor
When workers who claim the Earned Income Tax Credit are audited, they’re less likely to claim the credit, a powerful anti-poverty tool, in the following years.
Posted inMoney, Politics, and Power
Should ‘Dark’ Money Power the Resistance to Trump?
Many anti-Trump groups have organized themselves as nonprofits, a move that could draw IRS scrutiny and undercut Democrats’ transparency message.
Posted inMoney, Politics, and Power
How Plutocrats Cripple the IRS
You pay more because elites use their influence to pay less.
