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Wealthy individuals and large companies would face a major increase in the risk of getting audited by the IRS in two bills unveiled by Democratic lawmakers Thursday.
The U.S. government could take in $1.2 trillion in additional tax revenue over a decade without raising marginal rates by aggressively auditing wealthy individuals and corporations, according to a new bill from Representative Ro Khanna of California.
Washington, DC – Following the colossal Robinhood/GameStop fiscal chaos, Rep. Ro Khanna (CA-17), Deputy Whip of the Congressional Progressive Caucus & Member of the House Committee on Oversight, has introduced the Stop Corporations and Higher Earners from Avoiding Taxes and Enforce Rules Strictly (CHEATERS) Act to bring back tax enforcement on the ultra-rich.
Washington, DC – Today, Rep. Ro Khanna (CA-17) issued the following statement ahead of the February 18th hearing on the GameStop/Reddit/Robinhood controversy before the House Committee on Financial Services:
Rep. Ro Khanna, who made waves last week for saying the Biden administration would "radically reset" U.S.-Israel ties, is calling for improved relations between the United States, Israel and the Palestinians through innovation and economic development.
Rep. Ro Khanna (D-Calif.), a vocal opponent of the Saudi-led offensive in Yemen's civil war, called on President Biden to withdraw further support from the campaign and cut off all arms sales to Riyadh.
Khanna hailed Biden's reversals of Trump administration policies on Yemen, calling them "a huge commitment to end US support for the Saudi war in Yemen." But he added that "our work to support a brighter future for the people of Yemen is just beginning."
California Democrat Ro Khanna is taking the helm of the House Oversight and Reform Subcommittee on Environment, offering both progressive climate ambitions and pragmatic sensibilities to a panel charged with scrutinizing environmental agencies and the energy industry.
The congressman represents the Silicon Valley area and, in just a few years in Congress, his national reputation has grown to "lion size," to borrow a phrase from Sen. Cory Booker (D-N.J.).
During a recent congressional hearing, Rep. Ro Khanna asked Justice Department Inspector General Michael Horowitz if the Trump administration's zero tolerance immigration policy ultimately harmed national security.
"That's certainly what the marshals expressed concern about, precisely that issue," Horowitz replied.
Washington, DC – Today, Rep. Ro Khanna (CA-17), Congressional Progressive Caucus Deputy Whip & Member of the House Armed Services Committee, issued the below statement following the historic announcement that the Biden Administration will end U.S. support for the Saudi-led war in Yemen:
Washington, DC – Today, Rep. Ro Khanna (CA-17) sent a letter to the Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky and White House COVID-19 Response Coordinator Jeffrey Zients, urging them to consider a one-dose vaccination regimen in order to rapidly scale up the number of vaccinations administered daily in the United States.
Rep. Ro Khanna, D-Calif., entered the debate over giving the COVID-19 vaccines as a single dose and delaying a second dose, urging President Joe Biden's administration to consider a new vaccine strategy to get more doses out to Americans.