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Lawmakers bicker over how to go after tax cheats


Democrats and Republicans both say they want to narrow the gap between taxes paid and the amount owed, suggesting that going after tax cheats could garner bipartisan support as a potential revenue stream.
But Republicans have become increasingly critical of the details in Biden’s proposal, a sign that hurdles remain to reaching an agreement on enforcement.
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“We should pursue bipartisan measures to reduce the tax gap and better enforce our tax laws,” Sen. John Thune
Biden has called for providing the IRS with an additional $80 billion over the next decade to ramp up enforcement, update technology and improve customer service at the agency. He has also proposed requiring banks to include new info on account activity in annual reports to the IRS so that the agency can better target its audits. ....

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