Tag Archives: Danny Werfel

Childcare Crisis Grips US as IRS Chief Says Wealthy Tax Dodgers Cost $150 Billion a Year

“If we can afford to spend over $1 trillion on tax breaks for the top 1% and large corporations making record-breaking profits, we can afford to provide working class families with the childcare they desperately need.”

By Jon Queally. Published 2-25-2024 by Common Dreams

Photo: Learning Policy Institute: Laura E. Hernández/CC BY-NC 4.0

A survey of early childhood educators and caregivers released Sunday shows the post-pandemic collapse of federal funding is fueling a national crisis for young children and their families as centers suffer and out-of-pocket costs soar.

The findings of the survey—titled “We Are NOT OK” and put out by the National Association for the Education of Young Children (NAEYC)—resulted from questions posed to over 10,000 professionals in the early childhood education sector.

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With Funds Opposed by GOP, IRS to Target Ultrawealthy Tax Delinquents

“This news stands in stark contrast to the approach taken by House Republicans, who want to allow wealthy tax cheats to continue business as usual,” said U.S. Senate Finance Committee Chair Ron Wyden.

By Jessica Corbett. Published 9-8-2023 by Common Dreams

Internal Revenue Service Commissioner Daniel Werfel . Screenshot: C-SPAN

The U.S. Internal Revenue Service on Friday won praise from congressional Democrats and progressive groups for announcing “a sweeping, historic effort to restore fairness in tax compliance by shifting more attention onto high-income earners, partnerships, large corporations, and promoters abusing the nation’s tax laws.”

The IRS effort is enabled by some of the $80 billion in funding for the agency included in the Inflation Reduction Act (IRA), which President Joe Biden signed into law last year. About a quarter of that money is set to be clawed back as part of his recent deal with congressional Republicans to temporarily suspend the nation’s debt limit.

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