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2 House Conservatives Demand IRS Transparency in Partisan Leak of Tax Records

2 House Conservatives Demand IRS Transparency in Partisan Leak of Tax Records
dailysignal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailysignal.com Daily Mail and Mail on Sunday newspapers.

22Jul2021 Market Close: Small Caps Slammed As Short Squeeze Ammo Dries Up, Bonds And Bitcoin Bid, DOW Closes Up 25 Points, Nasdaq +0 4%, WTI Crude Rises 71 70, Bitcoin 32300

22Jul2021 Market Close: Small Caps Slammed As Short Squeeze Ammo Dries Up, Bonds And Bitcoin Bid, DOW Closes Up 25 Points, Nasdaq +0 4%, WTI Crude Rises 71 70, Bitcoin 32300
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

Top Republicans question tax gap figures as IRS enforcement beef-up hangs in limbo

Pennsylvania Republican weighs in on the bipartisan infrastructure plan on Kudlow Top Republicans are raising concerns about unexplained tax gap estimates as IRS enforcement funding hangs in limbo during infrastructure legislation negotiations. Rep. Kevin Brady, R-Texas, who is the ranking member on the House Ways and Means Committee, said in a statement to FOX Business on Thursday that the estimates detailing how much the IRS is due, but doesn’t collect, may be inaccurate. We need concrete analysis to find the right way to close that gap, as the administration’s own estimates are based on pre-TCJA data from seven years ago and wild guesses on foreign transactions, cryptocurrency, concealed income, and other sectors, Brady said.

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