The Internal Revenue Service will establish a centralized office to implement elements of the tax and spending bill that President Joe Biden signed last week, including almost 87,000 new IRS agents, the agency’s chief says.
West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase.
Sen. Joe Manchin, D-W.Va., has taken millions in donations from oil, gas and coal industry groups over the years, but he also brings in donations from green energy organizations and companies, according to his Federal Election Commission filings.
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).
U.S. Sen. Bernie Sanders has been unable to advance a top-down, government takeover of our nation’s health care system, so like-minded California lawmakers attempted a state version that would have ended private health insurance, forced Medicare participants into a new experimental system, and put the government in charge of Californian’s health care.
A new congressional report shows that the tax increase bill approved by the House Ways and Means Committee would increase taxes on millions of taxpayers making less than $400,000. That would violate a pledge President Joe Biden has made repeatedly.
