Fri, December 13, 2024
[ Fri, Dec 13th 2024 ]: The New York Times
Emmanuel Macron Appoints Key Ally as France's New Prime Minister
[ Fri, Dec 13th 2024 ]: St. Louis Post-Dispatch
Page threatens to pause senior tax freeze in St. Louis County. Council scoffs.
[ Fri, Dec 13th 2024 ]: CNN
Trump says GOP will try to eliminate Daylight Saving Time
[ Fri, Dec 13th 2024 ]: KSBW The Central Coast
Meet the faces of Trump's upcoming administration
[ Fri, Dec 13th 2024 ]: NJ.com
CNN analyst: Here's why Trump pick RFK Jr. has strong support among Americans
[ Fri, Dec 13th 2024 ]: AARP
AARP Urges Passage of Prescription Drug Legislation by Year's End
[ Fri, Dec 13th 2024 ]: FOX59 News
European countries put freeze on Syrian asylum cl .. ims after Assad's fall, unclear if US will follow
[ Fri, Dec 13th 2024 ]: MSNBC
Billionaires and Democrats paying lip service to Trump are in for a rude awakening
[ Fri, Dec 13th 2024 ]: Graphic
Mahama warns of last-minute liabilities from outgoing government
[ Fri, Dec 13th 2024 ]: PBS
What another Trump administration could mean for crypto
[ Fri, Dec 13th 2024 ]: Australian Broadcasting Corporation
Friends and partners weigh up Canberra's 'relentless' Pacific push
[ Fri, Dec 13th 2024 ]: PBS
IRS recovers $4.7 billion in back taxes, braces for cuts under Trump and GOP majority
[ Fri, Dec 13th 2024 ]: The Independent
Survivors 'let down' by Government as it rejects proposals to ban deepfake abuse
[ Fri, Dec 13th 2024 ]: The Bismarck Tribune
Lt. Gov.-elect Michelle Strinden ready for new role in Bismarck
[ Fri, Dec 13th 2024 ]: USA Today
What is Voice of America? What to know about US news agency Trump wants Kari Lake to lead
[ Fri, Dec 13th 2024 ]: Sydney Morning Herald
Inside the fiery meeting that would define the government's relationship with Israel
[ Fri, Dec 13th 2024 ]: WTHR
Journey to the governor's office | Mike Braun talks life, politics and legacy
[ Fri, Dec 13th 2024 ]: Mother Jones
The Trump Conflicts of Interest Policy Could Be Even Worse Than Last Time
[ Fri, Dec 13th 2024 ]: Australian Broadcasting Corporation
The Coalition is playing voters for mugs once again with its nuclear costings
[ Fri, Dec 13th 2024 ]: MSN
'Unlikely' Labour will go into government with Fine Gael and Fianna Fail - Bacik
[ Fri, Dec 13th 2024 ]: MSN
Three-day Capitol climate sit-in ends with HEAT Act push
[ Fri, Dec 13th 2024 ]: MSN
Quebec, Ottawa announce $100-million deal to fight homelessness
[ Fri, Dec 13th 2024 ]: PBS
What does a Trump administration mean for crypto
[ Fri, Dec 13th 2024 ]: MSN
Thousands of Syrians celebrate in central Damascus during first Friday prayers since Assad's fall
[ Fri, Dec 13th 2024 ]: MSN
Turning up the heat on Chinese government hackers requires a new approach, experts say
[ Fri, Dec 13th 2024 ]: NBC News
Trump Cabinet picks sand down their conservative media personas: From the Politics Desk
[ Fri, Dec 13th 2024 ]: MSN
'Moderate' Rebels Destroy and Desecrate Assad Family Tomb
[ Fri, Dec 13th 2024 ]: MSN
Rhode Island leaders attend Rhode Island Energy, Environment and Oceans Leaders Day
[ Fri, Dec 13th 2024 ]: Graphic
Last-minute mass recruitments will burden the next government - John Mahama
[ Fri, Dec 13th 2024 ]: MSN
Who was in ousted Syrian President Assad's inner circle and where are they now?
[ Fri, Dec 13th 2024 ]: Toronto Star
Doug Ford to crack down on homeless encampments with fines for drug use and more funding
[ Fri, Dec 13th 2024 ]: MSN
Hungary's Foreign Minister and his Russian counterpart discuss Ukraine
[ Fri, Dec 13th 2024 ]: BBC
Macron picks centrist Bayrou as French PM in bid to end political instability
[ Fri, Dec 13th 2024 ]: MSN
Half of Americans have no confidence in Trump's Cabinet picks: Poll
[ Fri, Dec 13th 2024 ]: Channel 4 News
France's fourth PM in a year: what challenges lie ahead?
[ Fri, Dec 13th 2024 ]: MSN
Tren de Aragua terrorism tool of Venezuelan government, says former Venezuelan military officer
[ Fri, Dec 13th 2024 ]: MSN
Voters split on whether Trump is serious about going after political enemies: Survey
[ Fri, Dec 13th 2024 ]: MSN
GOP rep calls to strip power from DC and for Black Lives Matter Plaza to be 'paved over'
[ Fri, Dec 13th 2024 ]: MSN
Senate Democrats livid with exiting Sinema, Manchin: 'Pathetic'
[ Fri, Dec 13th 2024 ]: MSN
Two Virginia women who came to Congress on a mission prepare to leave at a critical moment
[ Fri, Dec 13th 2024 ]: PBS
Only 3 in 10 Americans highly confident in Trump .. Cabinet, spending or military, AP-NORC poll says
[ Fri, Dec 13th 2024 ]: Washington Examiner
Oct. 7 changed the Middle East forever
[ Fri, Dec 13th 2024 ]: MSN
Trump's Cabinet picks: When did this all begin and why
[ Fri, Dec 13th 2024 ]: MSN
German federal government and states agree digital education package
[ Fri, Dec 13th 2024 ]: Rolling Stone
Meet the New FBI Boss. He Sued the Old Boss. And Got Laughed Out of Court
[ Fri, Dec 13th 2024 ]: McClatchyDC
'Enough is enough': After Mitch McConnell's latest fall, MAGA calls for his retirement
[ Fri, Dec 13th 2024 ]: MSN
Trump's new 'AI czar' really doesn't want MAGA world to remember his reaction to Jan. 6
[ Fri, Dec 13th 2024 ]: MSN
Ottawa, provinces prepared to hit U.S. 'where it hurts' over tariffs, Holt says

IRS recovers $4.7 billion in back taxes, braces for cuts under Trump and GOP majority

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However, the legislative mechanism keeping the government afloat inadvertently duplicated the one-time cut. Treasury officials warn of dire consequences if the funding is effectively rescinded through inaction. Trump last week announced plans to nominate ...
The IRS has successfully recovered $4.7 billion in back taxes from wealthy individuals and corporations, as reported by PBS NewsHour. This effort was part of a broader initiative to ensure tax compliance among high-income earners and large corporations. However, the IRS is now facing potential budget cuts under the Trump administration and the GOP-led Congress, which could impact its ability to continue such enforcement activities. These proposed cuts come at a time when the IRS has been criticized for its enforcement practices and funding levels, potentially hampering its capacity to pursue tax evasion and ensure fair tax collection. The article discusses the implications of these budget constraints on the IRS's operations and its future enforcement capabilities.

Read the Full PBS Article at:
[ https://www.pbs.org/newshour/politics/irs-recovers-4-7-billion-in-back-taxes-braces-for-cuts-under-trump-and-gop-majority ]