The move could make it harder for President Obama's IRS nominee to be confirmed this year.
Sen. Roger Wicker (R-Miss.) said Tuesday that a proposal to double the tax that is paid by airline passengers for airport security as part of a potential budget deal was part of a “collection of cats and dogs” being used to avoid tough fiscal choices.
Appearing on MSNBC’s “Jansing and Co.” show, Wicker said it was “disappointing” that House and Senate negotiators were turning to things like increasing the security fee on airline tickets from $2.50 per trip to $5 to raise revenue for a broader government funding deal.
“What I'm hearing is, we're going to replace about $65 billion worth of appropriation cuts, and we're going to do it sort of with a collection of cats and dogs -- fees on the airline passengers, spectrum sales, and things like that, that don't amount to long-term savings in the next decade,” Wicker said. “That's a little ... disappointing to me.”
Valiant Bank has become the first financial institution in Switzerland to join up with the U.S. to help fight tax evaders.
An inspector general report last week found that ObamaCare tax credits are susceptible to fraud.
Lawmakers are in for a busy week as they race to finish deals on the budget and farm bill before the holiday recess.
Budget negotiators say they are closing in on a compromise that would avert the sequestration cuts for two years, and they...
Some deride these tax breaks as little more than a grab bag of corporate giveaways.
Rep. Chris Van Hollen (D-Md.) and campaign finance reform groups pulled their lawsuit after the federal government proposed new rules to rein in "dark money" groups.
Tax cheats armed with stolen identification numbers are costing billions of dollars a year.
An accountants group is asking the Senate’s top tax writer to reconsider plans to change accounting rules for certain businesses.
The IRS needs to do more to ensure that computer systems central to anti-tax-evasion efforts are secure, according to a new audit.