Closing the “tax gap,” or revenue owed to the federal government that goes uncollected, has long been a favorite deus ex machina for lawmakers who want more revenue without having to raise rates. But Internal Revenue Service (IRS) Commissioner Chuck Rettig really put dollar signs in lawmakers’ eyes when he claimed the tax gap could be as large as $1 trillion. Always eager to appear knowledgeable on policy issues, Sen. Elizabeth Warren is putting forward a plan to collect extra revenue that only gets worse the deeper you dig into it.
First and foremost, it’s important to understand how far off on an island Rettig is with his estimate. The IRS’s last official estimate of the size of the tax gap placed it at a far, far lower $381 billion. Even considering that this estimate may not have factored in underpayment from cryptocurrencies, offshore holdings, and pass-through businesses, the tax gap still remains far closer to $500 billion than to $1 trillion. Read More
Wyoming Gov. Mark Gordon on Friday issued a directive blocking state agencies from using vaccine passports.
The directive requires state agencies, boards and commissions to “provide full access to state spaces and state services, regardless of a constituent’s COVID-19 vaccination status.”
The directive also urges local governments and private businesses to align their policies and practices with the state.
“Vaccine passport programs have the potential to politicize a decision that should not be politicized,” Gordon, a Republican, said in a statement. “They would divide our citizens at a time when unity in fighting the virus is essential, and harm those who are medically unable to receive the vaccine. While I strongly encourage Wyomingites over the age of 16 to get vaccinated against COVID-19, it is a personal choice based upon personal circumstances.” Read More
More than 500 agencies in Ohio have adopted the state’s new law enforcement minimum standards to be state certified, Gov. Mike DeWine announced Wednesday.
Ohio changed its standards after the death of George Floyd in Minnesota last spring and the subsequent protests.
The Ohio Department of Public Safety’s 2021 Law Enforcement Certification Report showed 529 Ohio agencies have adopted fully the primary standards, which include new ones created last year. Eleven agencies are in the process of adopting and being certified. Read More
The Centers for Medicare and Medicaid Services approved Ohio’s work rules for “able-bodied” recipients of Medicare Friday. Obamacare included a requirement that all 50 states expand Medicare eligibility to cover every individual whose income was up to 133 percent of the poverty line by January 1, 2014. In 2012, in a… Read More