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Lawmakers Eyeing Tax Changes After Bombshell ProPublica Report: NYT

Republican Sen. Patrick J. Toomey, who authored 2017 tax reforms, said his intention "was not that multibillionaires ought to pay no taxes."

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Mark Cuban: ProPublica not being honest about taxes on wealthy

Mark Cuban, the billionaire owner of the NBA’s Dallas Mavericks, argued that a bombshell report from

United statesElizabeth warrenDallas mavericksYahoo newsUltra millionaire tax actWealthy americansNet worthMark cubanElizabeth warrenInternal revenue serviceஒன்றுபட்டது மாநிலங்களில்எலிசபெத் வாரன்டல்லாஸ் ம்யாவர்ரிக்ஸ்யாகூ செய்திஅல்ட்ரா மில்லியனர் வரி நாடகம்குறி கியூபன்

Progressives push Biden to do more to distribute vaccines across the world

Progressives push Biden to do more to distribute vaccines across the world CNN 1 hr ago By Ryan Nobles, CNN © Tom Williams/CQ-Roll Call/Getty Images Rep. Pramila Jayapal, D-Wash., conducts a news conference in the Capitol to introduce the Ultra-Millionaire Tax Act which would tax high net worth households on Monday, March 1, 2021. A group of more than 30 Democratic members of the House of Representatives have signed onto a letter to the White House encouraging the Biden administration to do even more to help distribute vaccines across the world. The letter comes right after President Joe Biden announced a plan to immediately share 25 million Covid-19 vaccines with countries around the world, with a broader goal of sharing up to 80 million vaccine doses by the end of June. Rep. Pramila Jayapal, a Democrat from Washington state and the chair of the Progressive Caucus is the leading author of the letter and is joined by several of her fellow progressive memb

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Elizabeth Warren wants to triple the annual IRS budget to go after wealthy tax cheats

Elizabeth Warren wants to triple the annual IRS budget to go after wealthy tax cheats
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Elizabeth Warren Wants to Triple IRS Budget, Hold Wealthy Accountable

Sen. Elizabeth Warren introduced a bill to provide $31.5 billion annually to the IRS budget. The funding would help close the tax gap between taxes owed and paid and hold the wealthy accountable, she said. The Treasury Dept. recently said the tax gap could rise to $7 trillion over a decade if unaddressed. Audit rates for the wealthiest Americans are nearly 80% lower than they were a decade ago, driving the tax gap to an estimated $1 trillion annually. Sen. Elizabeth Warren of Massachusetts wants to close that gap and hold the wealthy accountable by strengthening the budget of the Internal Revenue Service (IRS).

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