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MSNBC The Last Word With Lawrence ODonnell October 15, 2021 02:30:00 - Vimarsana News

MSNBC The Last Word With Lawrence ODonnell October 15, 2021 02:30:00

But simply about collecting taxes people owe. we are focused on collecting taxes from the wealthy because they are the least likely to pay taxes in this country today because we don't have a way for verifying how they're selling assets and how much money they are making from it. the president's proposal fixes that. >> so this is an enforcement tool and really it is a computer enforcement tool. this is going to have these numbers reported from computers to other computers at the irs and the computers at the irs looking at tax filers who make over $400,000 a year will look at those cash flow num...

MSNBC The Last Word With Lawrence ODonnell October 15, 2021 05:30:00 - Vimarsana News

MSNBC The Last Word With Lawrence ODonnell October 15, 2021 05:30:00

Taxes that people owe. and we're focused on to electing taxes from the wealthy, because there are the least likely to pay their taxes in this country today. because we don't have a way for verifying how they're selling their assets, and how they're mint how much money they're making from it. the presidents proposal fits with. that >> this is an enforcement tool and really, it's a computer enforcement tool. this is going to have these numbers reported from computers to other computers, at the aires. and the computers at the irs, looking at tax violators who make over $400,000 a year, they're go...

Detailed text transcripts for TV channel - MSNBC - 20171016:10:42:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171016:10:42:00

Great profit. >> mark? >> scott, did anybody get rich off of this? >> a lot of people got rich. all the way from drug dealers on the streets all the way up to the pharmaceutical companies. this is a $13 billion a year industry. a lot of people were making a lot of money. a lot of people were turning a blind eye to what was happening. >> did they lobby congress to try to keep that branch from doing anything about it? >> of course. the pharmaceutical industry, we found, joe, spent about $106 million lobbying on this bill and other legislation in capitol hill. and it was also written by an indust...

Detailed text transcripts for TV channel - MSNBC - 20171016:10:43:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171016:10:43:00

>> so tell us about the bill that exacerbated the problem and who was behind it. >> so, tom merino was the principle sponsor of this legislation. it was written by an industry lawyer. and basically the dea's most effective enforcement tool is something called the immediate suspension order. those are used for times when there are companies that are sending down stream hundreds of millions of pills unchecked and the dea steps in and says enough is enough. we're shutting you down. so this law changes the definition of imminent threat. so companies now -- in the past, imminent threat meant, you k...

Detailed text transcripts for TV channel - MSNBC - 20171016:16:50:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20171016:16:50:00

Distributors and manufacturers. please don't do this. it got to the point where ag holder actually issued a press release saying do not pass this bill but when holder stepped down and they dropped their opposition. i think that they were, there was so much lobbying. so much pressure put on by mr. marion and other members of the congress at the behest of the industry to get this changed that the dea caved and told news a statement that this was the best they could do. there were worse provisions contained in earlier versions of this bill and this was the least worst bill that they could live wi...