IRS ‘tax gap’ widens to $688 billion in 2021: reportThe gap between taxes owed and paid to the government is wider than originally estimated, according to a new report released Thursday by the Internal Revenue Service.
The projected gross “tax gap,” the difference between the total taxes owed to the IRS and how much is collected on time, jumped to $688 billion for tax year 2021, the agency projects. That’s about $138 billion higher than revised projections for the three-year period ending in 2019.
The Inflation Reduction Act (IRA), passed by Democrats last August, included an additional $80 billion in funding for the IRS to beef up its enforcement efforts.
Republicans have opposed the new IRS funding, and they made a bill that would reverse most of that funding their first legislative priority when the party retook the House in January.
The stakes of the 2024 election could not be clearer, says Mary Trump: It’s “a choice between democracy and fascism.”
They identify not with Donald’s strength … but they identify with his weakness,” Trump said, arguing that his supporters know to some extent that he’s a fraud. In fact, they like that about him. “They identify with the fact that he gets away with everything.”
“To me, one of the biggest scams was this myth that Donald was this successful businessman … that he was a champion of the working man,” she said. “By the way, that’s not something he ever says. Somebody else made that up about him.”
Trump said that Donald’s portrayal in the media as a working-class hero is founded on a misunderstanding—he grew up privileged in Manhattan, after all—and that he then exploited it. “He just then flew his stupid private jet from rally to rally, and I guess that was enough to convince people that he really cared about them,” she said.
Israel is using white phosphorous bombs - the material ignites on contact with air and leaves horrible burns sort of like napalm (Israel denies it is using this weapon). WaPo writes:
Human Rights Watch confirmed in a statement released Thursday that white phosphorus was used over the Gaza City port on Wednesday, after interviewing two witnesses who noted the stifling smell of white phosphorus. The organization also analyzed video of the event and identified airburst 155mm white phosphorus artillery projectiles were used in the strike. They condemned the use of the chemical, which can severely burn people and set fire to civilian structures, in such a densely populated area.
House Republicans collapse into anarchyWar in Israel. War in Ukraine. The federal government shutting down in 35 days. These are uncertain times.
But there is one eternal truth, one unwavering constant to steady us when all else is in flux: Every time the House Republican majority tries to govern, it’s guaranteed to turn into a goat rodeo.