A major part of the federal government’s affordability plan is expected to pass final reading in the House of Commons this week, after the Liberals fast-tracked Bill C-31 through the health committee Monday night. The bill, which includes a new dental-care benefit for children under 12 in low- and modest-income families and a one-time $500…
House of Commons to Vote on Bill for Dental Care Benefit, Rental Support This Week
Senate Republicans Demand Details on How IRS Is Spending Its $80 Billion Budget Boost
Senate Finance Committee Republicans are demanding that IRS Commissioner Charles Rettig provide detailed answers about how his agency is spending the extra $80 billion it got under President Joe Biden’s 2023 budget. In a Sept. 22 letter previewing the toughened oversight the IRS will likely face if voters return Republicans to a Senate majority in…
House Proposal Will Hike Taxes on Lower- and Middle-Income Americans: Bipartisan Congressional Panel
July 12, 2022
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Taxes will go up for millions of lower- and middle-income taxpayers under the House Democrats’ version of President Joe Biden’s Build Back Better plan, according to two new analyses by the non-partisan professional staff of the congressional Joint Committee on Taxation (JCT). “While Republican tax reform in 2017 cut taxes for all Americans, and increased…
Crapo Says Biden Funding Huge Boost to IRS Enforcement, Ignores Tax Agency Backlogs
President Joe Biden’s proposed 2023 budget for the Internal Revenue Service (IRS) funds more taxpayer audits when millions of tax returns sit unprocessed, and customers calling the agency for help face long delays, according to Sen. Mike Crapo (R-Idaho). “For the third filing season in a row, taxpayers confront vexing customer service challenges as they…
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