Automatic Wire Stripping & Crimping Machine - KINGSING

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wire harness tape

2021-07-07 14:33:41

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President Joe Biden wants to raise money for his ambitious economic agenda by ramping up enforcement at the Internal Revenue Service -- a way for the federal government to spend more money without raising taxes or adding to the deficit, making it a win-win in the eyes of lawmakers.The latest infrastructure proposal agreed to by the White House and a bipartisan group of senators suggests that an additional $100 billion could be collected by the IRS over the next 10 years by simply beefing up enforcement and making sure the government is collecting what taxpayers actually owe -- also known as closing the "tax gap."Biden also suggested earlier in the year that if he could boost the IRS's budget by $80 billion to pay for enforcement, he could increase revenue for the government by $700 billion over 10 years -- money he'd use to fund his American Families Plan, which would invest in child care, pre-K and colleges.