The start of a new school year is an appropriate time to highlight important legislation before Congress that would help give all children a chance to reach their potential.
The first few years of life are critical to brain development; growing up in...
As we honor workers by celebrating Labor Day, we should remember that millions who do important jobs — such as serving store customers, making restaurant meals, delivering packages, and caring for the elderly in nursing homes —...
As the Senate begins allocating available resources among its appropriations subcommittees following enactment of the new bipartisan budget agreement, IRS enforcement warrants special attention given the major cut it’s faced over the past decade. The Senate allocation...
On the 29th anniversary of the landmark Americans with Disabilities Act, it’s worth noting that major pending tax legislation would improve the economic circumstances of millions of people with disabilities. Some 4 million working people with disabilities and more than 2 million children with functional limitations would benefit from the Working Families Tax Relief Act’s...
The bill would reduce the number of workers whom the federal tax code taxes into, or deeper into, poverty—from 5.51 million today to less than 100,000.
Independence Day reminds us of the freedoms we enjoy, and of those who have served or are serving our nation in uniform to preserve those freedoms. Unfortunately, many veterans struggle to move ahead, or even to stay afloat, because their jobs don’t pay enough to ensure that they can afford the basics for themselves and their families. An important proposal to support low-wage workers is the...
A bill before the House Appropriations Committee would raise funding for IRS tax enforcement and operations support in 2020 — an important, but too modest, step forward after the damaging cuts in IRS enforcement since 2010. Given the depleted state and critical importance of IRS enforcement, lawmakers need to add more.
The U.S. tax system is based on voluntary compliance, which requires...
Update, July 2: we’ve added a table at the end of this post showing the number of households, individuals, and children in each state whom the Kildee-Evans bill would benefit.
House Ways and Means Committee members Dan Kildee and Dwight Evans introduced a bill today to substantially expand the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), which would boost the...
The IRS reported yesterday that it audited fewer millionaires and large corporations in fiscal year 2018 than the previous year, continuing a multi-year decline. Since 2010, the President and Congress have cut IRS funding substantially, causing workforce reductions and shortages of top auditors who have the expertise to review...
The House Ways and Means Committee will hold a hearing tomorrow on the “tax gap” —between what taxpayers owe the federal government and what they pay on time. It’s particularly timely given the IRS’ depleted enforcement division and the challenges that the 2017 tax law poses for compliance. With some members of both parties...
