Detailed text transcripts for TV channel - KGO - 20120504:08:52:00
That's a little bit much. >> that's ugly. >> cameras everywhere. big brother is watching. >> don't cheat. ♪ >> cameras everywhere. big brother is watching.
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That's a little bit much. >> that's ugly. >> cameras everywhere. big brother is watching. >> don't cheat. ♪ >> cameras everywhere. big brother is watching.
We need more enforcement, maybe a modest v.a.t. but enforcement of the existing system taking out the loopholes we'd have the revenue we need. >> david: i don't think most people cheat. most people are scared of the i.r.s. and don't cheat. >> v.a.t. is sneaky, regressive and all you need to know is germany came up with the theory in 1918 and the french were the first country to implement it in 1954. that's all i need to know. >> david: that's it. bill, though you're for eliminating the i.r.s., most agree with you on that on this panel, they'll add it on to what the i.r.s. has. >> the income ta...