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The massive leak of billionaires' tax data has imperiled what support there might have been from Republicans to back President Joe Biden's plan to give more money and authority to the IRS.
On Tuesday investigative nonprofit organization ProPublica released details about the tax returns of thousands of the nation’s wealthiest people, a leak so expansive it covered some 15 years. While there is speculation that the timing of the leak was political — Biden is seeking support to hike taxes on the wealthy — it also came out as Biden has suggested infusing billions of dollars into the IRS, a move that faces increasing headwinds from the scandal.
Sen. Mike Crapo, the ranking member of the powerful Finance Committee, told the Washington Examiner on Thursday that after the tax leak, changes to IRS funding must be preceded by guarantees that taxpayer data is indeed secure.