Detailed text transcripts for TV channel - MSNBC - 20210527:11:31:00
To actually be collected? >> yeah, think of that. you and i pay our taxes, but there are others that don't pay theirs. the irs has been essentially crippled. going back to the obama administration, they've lost a lot of their funding. they used to audit something like 1.5 to 2% of returns. now it's down to less than half of 1%. and unfortunately, in the last few years, they've been focusing their audits on lower-income people, are they cheating on the earned income tax credit, where they'll collect hundreds of dollars, instead on the high-income, high-roller cheats where they could collect mil...