Kevin McCarthy misleads on Build Back Better legislation, IRS audits
What McCarthy is suggesting isn’t in Build Back Better. McCarthy is criticizing a different proposal, but he leaves out many key details.
Stay updated with breaking news from Reporting Requirement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
What McCarthy is suggesting isn’t in Build Back Better. McCarthy is criticizing a different proposal, but he leaves out many key details.
They have two democrat senators. the fact we're competitive and pick up seats i think in the house of delegates says a lot about virginia. and where we're seeing the gains is in suburban, virginia, richmond and nova area. we need to bring the suburban voters back into our party. >> dana: always great to see you. thank you so much. >> bill: thanks. tax man getting a boost from congressional democrats pushing for the i.r.s. to take a closer look at tax returns to raise money for the massive spending agenda. does it mean they'll snoop on your returns? hillary vaughn has been snooping around capit...
They think they can sneak this by...
Millions, in sales, or profit distributions, they are on the honor system. so tell me deputy secretary, how is the honor system working right now? >> it is not working well, senator. as you know, the top 1% of earners in america underpay their taxes by more than 150 billion dollars each year. almost two trillion dollars over the course of ten years. >> more than 150 billion dollars a year, is lost by these top earners. and that is exactly why congress is considering a simple new third-party reporting requirement. small businesses have been putting together deputies for their employees every ye...
I think he's putting his credibility on the line, putting his political credibility on the line because presidents have to be concerned about public health and public safety. we have a merging of those two. howie: persuasion -- again, i want to get bill back in. persuasion wasn't working. there are major corporations that have these kinds of rules, president biden said even at fox. well, fox has a regular reporting requirement for vaccination status as well as weekly tests. so this is not some off-the-wall idea. at the same time, i'm sure the constitutionality of the president having the power...