www.inequalitymedia.org [www.inequalitymedia.org]Dear John,
As Congressional Democrats hammer out the details of their $3.5 reconciliation bill, one of the largest fights looming centers on the bill’s proposed tax reforms. One key proposal is flying under the radar: boosting the Internal Revenue Service’s funding.
The richest 1 percent of Americans evade $163 billion in taxes every year.
How do they get away with it? Because the IRS doesn’t have the tools and resources available to audit these wealthy tax cheats.
Our latest video breaks down why we must fully fund the IRS in order to tax the rich. [[link removed]]
[link removed] [[link removed]]
Beefing up IRS enforcement is a critical part of ensuring the super-rich pay their fair share. Every $1 invested in the IRS budget produces $4 in revenue.
Imagine what programs we could fund, and how many people we could help, if the IRS was able to recoup that $163 billion that the top 1 percent shorts the government every year.
Fully funding the IRS should be a no-brainer.
Thanks for watching,
Robert Reich
Inequality Media
P.S. The reconciliation bill isn’t the only legislative battle happening in the Senate right now. Watch our video [[link removed]] on how Senate Democrats are running out of time to pass crucial voting rights legislation, and must make the choice between preserving the filibuster or protecting our democracy.
Support Our Work [[link removed]][link removed] [[link removed]] [link removed] [[link removed]] [link removed] [[link removed]] [link removed] [[link removed]] [link removed] [[link removed]] www.inequalitymedia.org [www.inequalitymedia.org]
Copyright © 2021 Inequality Media, All rights reserved.
Our mailing address is:
P.O. Box 9323
Berkeley, CA 94709
If you believe you received this message in error or wish to no longer receive email from us, please unsubscribe: [link removed] .