Richard Painter: 7 Billlion Tax Bill
on Monday, May 1, 2017Richard Painter Money Quote saying about Robert Mercer that he got Trump elected and asking whether that will lead to a IRS commissioner that will pursue existing 7 billion dollar taxes case against Mercer. Richard Painter said:
“Are we going to have a commissioner of the IRS who aggressively enforces the law and takes good cases to Tax Court or (somebody who) just throws away tax cases so billionaires don’t have to pay their taxes and the rest of us can pay more taxes?” — Richard Painter
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Richard Painter is raising concerns about whether the new commissioner of the Internal Revenue Service (IRS) will fairly enforce tax laws.
Painter questions if the commissioner will aggressively pursue tax cases against wealthy individuals and large corporations in Tax Court to ensure they pay what they owe, or will dismiss valid cases so that billionaires do not have to pay their fair share of taxes. This would mean the tax burden shifts more to average citizens.
By framing it as a choice between fair enforcement or letting some avoid taxes, Painter appears to believe the IRS commissioner should apply tax laws equally and without favoritism, regardless of a taxpayer’s wealth or influence.