they have record profits. if we raise taxes on the big corporations who aren t paying, raise taxes on people using international loopholes, raise taxes on the wealthy who are not paying their fair share, we can pay for every one of those investments in the package without a penny of taxes on people making under $400,000 a year, and without a penny being added to the long-term federal debt. in fact, passing these tax changes, making the people who aren t paying pay their fair share, collecting taxes from people who owe them and are dodging taxes by using loopholes, using lawyers and accountants, collecting those taxes will make our tax system fair, make middle-class people share less of the burden and can help bring down our debt in the long run. so i think senator manchin s concerns about inflation and debt, those are things we can address with the package itself. before i let you go, i have to ask about the supreme court declining to block a texas law, which bans all abortion after
we ve had people become billionaires during the pandemic. they should pay their fair share of taxes. we ve had 55 big corporations pay nothing in taxes. they have record profits. if we raise taxes on the big corporations who aren t paying, raise taxes on people using international loopholes, raise taxes on the wealthy who are not paying their fair share, we can pay for every one of those investments in the package without a penny of taxes on people making under $400,000 a year, and without a penny being added to the long-term federal debt. in fact, passing these tax changes, making the people who aren t paying pay their fair share, collecting taxes from people who owe them and are dodging taxes by using loopholes, using lawyers and accountants, collecting those taxes will make our tax system fair, make middle-class people share less of the burden and can help bring down our debt in the long run. so i think senator manchin s concerns about inflation and debt, those are things we can add
some of president biden s team members, economic team members, who have said, one of the most important parts of this bill is this tiny bit of funding to the irs. $40 billion that s meant to go to the irs. and what s it going to do, bring in tax dollars. not new taxes, no new regulations, but the irs has been underfunded for years. this new funding of the irs will empower them to actually collect all of that money from people who aren t paying. yet they re now taking it out of the bill. why on earth would day do that? it s the one thing in there with the biggest return on investment. well, stephanie, i don t think it s settled that it s coming out, although that is part of the discussion. but why would it even be suggested? for a couple of reasons. number one, you re trying to build bipartisan support on this. and there are republicans on the far end of the congressional spectrum, not involved in this direct negotiation, who think
AKP li Belediye Millet Kıraathanesi İçin Cinayete Azmettirmekten Ceza Alan Öztürk e Kira Ödüyor medyafaresi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medyafaresi.com Daily Mail and Mail on Sunday newspapers.
the white house has rejected that. they ve said that s a reaggressive it tax that applies to everybody, it hurts lower income people more than the wealthy people. so they want to go with the income tax. the other solution is, let s collect the taxes that tax cheats aren t paying. the estimates are half a trillion to $1 trillion a year, willie, of money that isn t collected, mostly from high-income people who have all the lawyers and the accountants to game the system and that s one way, and the republicans play no to that as well. the rock that it s going to founder on is how it s paid for and i m fascinated to see what they ll come up with today. you re talking about the new legislation that you re talking about closing the tax gap. you want the taxes already on the books to actually be paid,