Pappas Votes to Hold Ultra-Rich Tax Cheats Accountable
The legislation guts IRS oversight to ensure everyone pays their fair share and increases the deficit by $114 billion.
Today, Congressman Chris Pappas (NH-01) voted to crack down on tax evasion by the ultra-rich and large corporations by voting against legislation designed to dismantle badly needed improvements to IRS customer support and tax enforcement. It will also balloon the deficit by over $100 billion over ten years.
The non-partisan Congressional Budget Office reports that this legislation would slash revenues and increase the deficit by $114 billion over ten years. Since last year, policies supported by Rep. Pappas have resulted in a $1.4 trillion decline in the deficit, the largest one-year drop in American history.
“The legislation proposed tonight would gut IRS tax enforcement for wealthy tax cheats and large corporations while making it harder for middle-class families to get basic customer service from the IRS. To make matters worse, the bill would add $114 billion to the deficit,” said Congressman Pappas. “I constantly hear from my First District constituents about challenges they face with the IRS, from getting their tax returns to receiving answers to the most basic questions. That is why we invested in better IT infrastructure, additional taxpayer services support, and auditors who specialize in addressing tax evasion from high-net-worth individuals. This legislation would undo that progress which is why I oppose it. I will continue to work across the aisle to fight for fiscal responsibility and tax fairness for Granite Staters.”