Paul Ryan Backs Tighter Tax Compliance to Patch Road Fund
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House Republicans are proposing to tighten tax-compliance rules to keep the U.S. highway fund solvent through mid-December, setting up a clash with their Senate counterparts who said they favor a multi-year bill.
The $8.1 billion House plan, released Monday night, relies largely on revenue gained by giving the IRS more information about mortgages, more time to investigate certain tax avoidance and new rules to prevent people from understating income on inherited property.