Democrats Face Growing Storm over IRS Reporting Provision
The Hill, Oct. 16, 2021–Naomi Jagoda
Democrats are facing a firestorm of criticism over a proposal to increase the amount of bank account information reported to the IRS, posing a challenge as they craft their wide-ranging social spending bill. The proposal is a top priority of the Biden administration, which argues it will help the IRS go after wealthy tax cheats.
https://thehill.com/policy/finance/577017-democrats-face-growing-storm-over-irs-reporting-provision?rnd=1634391684