
So one thing I will note as I close out my questioning: we have heard testimony today that 36 percent of missing tax revenues of the tax gap, 36 percent of that comes from 1 percent of the taxpayers.
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So one thing I will note as I close out my questioning: we have heard testimony today that 36 percent of missing tax revenues of the tax gap, 36 percent of that comes from 1 percent of the taxpayers.

the Biden administration wants another $85 billion for transit as part of a wasteful, multitrillion-dollar welfare and infrastructure bill.

. . . we need to continue to work on FATCA compliance. It's too bad that we couldn't put an extra `T' on it. Then it would say FATCAT, which would be such an appropriate acronym for it.

are these the people Senator Whitehouse cavalierly joked about at the end of the hearing when he lamented over the missed opportunity to add a T to the end of FATCA?

One reason for the gulf between the official estimate and Commissioner Rettig's is the bad job the official estimate does incorporating the so-called international tax gap.

Is Inspector General George correct that the IRS--I am quoting him here--``has not developed a reliable estimate of the international tax gap''?

We need to continue to work on FATCA compliance.

the Administration keeps extending a nationwide eviction moratorium that lacks both a legal basis and an economic justification.

Ramped-up enforcement is essential, but it is no substitute for addressing the fundamental injustice in the tax code.

I would hope and expect that would be honored.

I am on the Budget Committee where we look at 10-year increments, and your testimony that there is a 10-year increment out there of taxes owed but not paid of $7.5 trillion is pretty stunning.

Typical American taxpayers don't have the option to hide money abroad, so the wealthy who cheat on their taxes through offshoring also worsen income and wealth inequality.

Should the local jurisdictions and States where these systems reside have any responsibility to pay for these systems? Evidently not, according to my colleagues.

Given the billions that Democrats have spent and want to spend on housing and transit, I hope we will hear from today's nominees about how they plan to protect taxpayer dollars, protect it from waste and misuse.

the Biden administration wants to keep families in housing projects.

I am big fan of the Family Self-Sufficiency program. I have seen it working in Rhode Island and working well.

Democrats have taken a similar approach to transit spending.

My Republican colleagues and I may disagree on what makes a fair tax code, but we very much agree that everyone should pay what they owe.