The Latest Take from Citizens for Tax Justice In the latest display of contrived outrage, conservative political groups are waging a campaign to stop efforts to boost IRS funding, including pressuring Sen. Mitch McConnell to block a bipartisan infrastructure compromise that beefs up IRS funding. Adequately funding the IRS would give the agency newfound power to go after wealthy tax cheats by taking on the armies of expensive lawyers that the rich hire to avoid paying taxes. They could also more effectively take on corporations, which regularly take aggressive tax positions that they know are likely illegitimate, only to keep their questionable tax breaks because the IRS lacks the capacity to investigate them within the statute of limitations. Continue reading... Read or share this story from your browser. For more Tax Takes, follow our blog on Medium.
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