Page 4 - Termination Act News Today

Lot. even at the top of the show, the tax code is a product of congress. and theres lots of stuff in there thats horrible. theres lots of stuff in there, across the ideological spectrum, lefties, righty, libertarians, social conservatives, you can find stuff you hate in that freaking tax code if you look for it. but that is a separate issue. and theres going to be someone collecting taxes, were going to pay taxes in some way, so why not make it easy and simple? >> if were going to be collecting ...

Those same people in congress who have written the tax code. the irs is just the ones enforcing it. >> well, thats absolutely right. and lets be very clear. lets call the republicans bluff on this. you cited these efforts to reform the tax code and you cited 2003, 2005. lets be very clear. in 2003, in 2005, the republican controlled the majority in the house, in the senate. the longest period we have had in many decades of one party being in total control of the house, the senate, and the presid...

Essentially, as a regulator on your private wealth, and what you keep, and what you pay to the government. >> and that includes, by the way, the people -- and we know this is the case, who are sending their money offshore, who are sending it, and we finally did a good job trying to go after the swiss banks, to various caribbean nations. money that is earned in america and is sent overseas and sheltered from taxes, if we dont have irs agents, we cant find that. and the wage earner, the person who...

Enforcing it. >> well, thats absolutely right. and lets be very clear. lets call the republicans bluff on this. you cited these efforts to reform the tax code and you cited 2003, 2005. lets be very clear. in 2003, in 2005, the republican controlled the majority in the house, in the senate. the longest period we have had in many decades of one party being in total control of the house, the senate, and the presidency for six years was during the republican rule from 2001 through 2006, and they did...

People, its now tasked with regulating the dark money in our elections that wealthy people use to elect people to gut the tax code and the irs. >> its either lois lerner or the general council of the irs or somebody at the white house saying, or somebody at the treasury saying, the irs better get on crossroads gps. >> conservatives recognize that one of the only things standing between us and a genuine plutocracy are thousands of anonymous bureaucrats doing the basic work of enforcing our nation...

Only is the irs tasked with collective taxes from wealthy people, its now tasked with regulating the dark money in our elections that wealthy people use to elect people to gut the tax code and the irs. >> its either lois lerner or the general council of the irs or somebody at the white house saying, or somebody at the treasury saying, the irs better get on crossroads gps. >> conservatives recognize that one of the only things standing between us and a genuine plutocracy are thousands of anonymou...

Lot of my democratic colleagues, i think, mistakenly supported them. are they going to run that on a bake sale or by donations? its obvious nonsense. and by the way, as to this enforcement of the tax code, remember what the irs is trying to do? they are trying to say that you should not be getting the charitable deduction if your so-called charity, is, in fact, a front for a political contribution machine. and they have, and it was all going to be done first. and there was some suspicion it migh...

>> most people dont feel that warrantly towards the internal revenue service. theyre the folks who many are writing a check to on this very day. but without the irs, or something like it, we wouldnt have a government. in fact, its the cornerstone upon which the entire edifice of the federal government is built. and that is precisely the reason conservatives have so consistently taken a sledgehammer to it. in fact, theyve been at it for years. in the 1990s, newt gingrich focused much of his agend...

For americans for tax reform. thats the organization that grover norquist founded. maddie, why do you want everyone to waste precious hours on their tax returns? why do you want to make peoples lives worse? >> chris, why do you want to point out that i was the second choice to grover. >> i apologize! but i hope that, because we named it. were not just talking about him when hes in the room. we love having you on. continue. >> thanks, chris. well, listen, i know that this seems like an appealing ...

How do they plan to pay for that iraq war, which president bush pushed so hard and the republican congress voted for, a lot of my democratic colleagues, i think, mistakenly supported them. are they going to run that on a bake sale or by donations? its obvious nonsense. and by the way, as to this enforcement of the tax code, remember what the irs is trying to do? they are trying to say that you should not be getting the charitable deduction if your so-called charity, is, in fact, a front for a po...