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Republicans renege on deal with Democrats, strip funding for IRS in gift to rich tax cheats

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19.07.2021

Under pressure from well-heeled conservative advocacy organizations and donors, Republican senators have removed funding for IRS enforcement from an emerging bipartisan infrastructure plan, threatening to tank a proposed crackdown on rich tax cheats.

"Fully funding the IRS = $1.2 trillion in revenue over 10 years. No wonder Republicans want to protect their rich friends."
—Rep. Ro Khanna

Sen. Rob Portman (R-Ohio), part of the 22-member bipartisan group that's rushing to hash out the details of the infrastructure bill ahead of a key procedural vote this week, confirmed Sunday that the IRS provision has been removed due to right-wing "pushback." Portman also complained that Democratic lawmakers are working to provide the IRS with more funding in their forthcoming reconciliation package, which can pass without Republican support.

The scrapped provision would have increased the IRS budget—a frequent target of GOP cuts in recent years—by $40 billion over the next decade to help the agency combat tax dodging, which is depriving the........

© Salon


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