Government Bytes


Spain Looks to Cut Taxes; IRS Commissioner Refuses to Apologize for Lost Emails; McCarthy Says to Let Ex-Im Bank Expire? - Late Edition, June 23

by Jihun Han / /

Today's Taxpayer News! 

Spain has proposed massive tax cuts in a country that is still recovering from a double-dip recession. The reforms would also widen the tax base. Reuters has the latest!

IRS Commissioner John Koskinen appeared in front of the House Ways and Means Committee to explain the lost IRS emails related to the Tea Party targeting investigation, refusing to apologize... Politico has the breakdown of the hearing!

House Majority Leader-elect Kevin McCarthy won't support reauthorization of the Export-Import Bank, which is set to expire in September. The bank puts taxpayers potentially on the hook for billions of dollars in loans for foreign buyers.