Cory Booker

Cory Booker Instagram – In 2021 the IRS reported that wealthy tax cheats failed to pay $688 BILLION dollars. This is money that could have made a difference in everything from closing our deficit, to funding public schools.
After this report, in 2022 the Biden Administration passed the Inflation Reduction Act that expanded funding to the IRS. In hopes that the incredibly under-resourced function of government could recoup the cheated money…and its working. To this date, the IRS has recouped $520 million. But truthfully this is still only a drop in the bucket. And now that better funding the IRS has proven to work, Republicans are doing everything in their power to stop this progress. Going as far as proposing a $20 billion budget cut to the IRS.
It doesn’t take a budget expert to know that allowing the wealthiest taxpayers to get away with cheating actually increases the burden on hardworking American families who play by the rules and pay their fair share. | Posted on 20/Jan/2024 18:02:56