The U.S. has no right to tax my house in a foreign country paid for by foreign currency, from a foreign job!
Asking ultra-millionaires and billionaires to pay a small percent of their massive wealth is a no-brainer.
We are constantly treated as not even second class citizens. We are constantly and structurally deprived of opportunities.
While the IRS has turned its eyes away from the wealthy and from giant corporations, it has come down hardest on the people who are cheapest...
I think a big part of making the tax system fair is about how the IRS enforces the tax laws that are already on the books.
Tax reform is just about choices.
Fixing the income tax system is hard, but urgently needed.
I am working with my colleagues, including Chair Wyden, on a bill that strengthens IRS enforcement.
I will go to bat for the wealth tax with any and all businessmen who want to tell you that it impinges on the American dream.
As President Biden has said, we have firemen and teachers paying 22 percent, while these giant companies pay nothing. That is wrong.
Audit rates for people reporting more than a million dollars in income have fallen by 70 percent.