collect so we've got great data on income you know your employer reports how much they paid you the i.r.s. knows that you know you can tax that but wealth is fundamentally very different as in economics all's well that also sets up very different incentives and creates a very different economic model more cool tax the rich how do you tax the rich what do you propose. we do propose something like a well look at mr davis again for example you might have no income at all he's the richest person in the world. and so income tax yeah a wealth tax is hard to hard to administer sure that's true but we do it here in united states we have a state taxes and that's essentially a wealth tax that is taxed once per each person we also have more than half of our people in our country are paying a wealth tax because middle class homeowners here in the united states pay real estate taxes and almost all of their wealth is their homes so i think we're asking that we have wealthy people like these billionaires yes some of whose wealth is hard to measure and some of which isn't pay the same kind of tax that mo

(i.r.s.) "and do you have any proof that your company really operates out of the cayman islands?" ( guy ) "uh, i have this seashell." (i.r.s.) "okay, i get it! no need to bury us in all this paperwork. i get it. put the shell away. i get it." so i'm glad they're trying to force corporations to pay their fair share. but this is only going to work if you get all the countries to agree to it. it's like bars in a college town-- if there's one of them not checking i.d.s, that's where the party's at. honestly, i don't even know if getting all the countries on earth is even enough. i mean, why do you think elon musk and jeff bezos want to get to mars so bad? it's not to advance human knowledge. they just want to set up a p.o. box, baby. and, finally, let's pour out a 40-gigabyte bottle for an old internet friend who is soon to be no more. >> it's the end of an era. "yahoo answers" announced it will be shutting down on may 4. users won't be able to post any new questions or answers after april 20. the move ends the 16-year reign of one of the internet's longest running question-and- answe

the i.r.s. took the position that they were not eligible. and then there was a class action lawsuit filed, which said that congress had to -- the i.r.s. had to comply, because there was no explicit prebusiness. did i recite the history of your experience correctly? in other words, originally congress was silent, then i.r.s. took the position they weren't entitled, then there was a class-action lawsuit that said since congress is silent, they had to be provided. is that correct? >> senator, i don't know about the specifics. i do know that there's a class-action lawsuit. i do know that the bureau of prisons for a fact is not one of the defendants. and as with everything we do, we follow the law, the legislation, and we do what's within our authority. that's what we've done. we've ensured whore made the decision and how it was made, once it was there, we followed it. so as i stated earlier, we made sure that inmates who received those checks received those checks working throughout itself itself, -- working through the i.r.s. >> may i ask one f

and beefed up funding for the i.r.s. to catch tax cheats. republicans aren't impressed. >> i hope, although do not really expect, that he will move away from the policies and partisan priorities of the far left. >> reporter: and the president's unlikely to commit to some big liberal priorities. >> nobody knows better than president biden that proposing legislation is only a first step. ( applause ). >> reporter: thanks to covid, there will be only about 200 invited guests, down from the usual nearly 1,600. the first lady and second gentleman will be there, but without the usual guests. plus only two members of the cabinet and one supreme court justice. >> madam speaker! >> reporter: the first african american house sergeant at arms, william walker, will escort the president, while south carolina's tim scott, the senate's only black republican, will give the g.o.p. response. and for the first time, two women will be seated behind the women will be seated behind the president: vice president harris and house speaker nancy pelosi. >> it's prett

tolerability and professor walther this brings me to my next point greatly the commissioner of the i.r.s. actually told lawmakers in washington tuesday that between the years of $2112013.00 the average of unpaid taxes every year was at $441000000000.00 now there's a lot of reasons but saying some of this has to do with evasion by the wealthy and a large corporations who tend to park money offshore as a key factor there i mean this goes right along with what you're saying what do you make of this whole situation. well you know there's research from emanuel sigh as and everyone's up an end at u.c. berkeley it shows as well that numbers like the ones you just quoted are also hidden as a matter of course in tax havens the cayman islands luxembourg the stories go on and on if you add up the the laws that they've changed what they're lobbyist so that they can take the doctrines and exemptions and the offshore high and the high eating i mean yes they're getting away with bloody murder paying taxes while they pay themselves bigger money and this thing is now you can't really point at this one or

the latest a flight to the i.r.s. continues an enduring relationship between the world's leading space powers russia and the united states which has gone on regardless of political differences we heard from ken and by our socks a former nasa astronaut he gave us his views on that cooperation and that of the good guy or an anniversary. we have a great working relationship with our russian counterparts we love working with them we've worked together for a long time now we know each other's weaknesses we know each other's strengths you know and just like in any any friendship sometimes you don't agree about things that happened and and then we have this great way of working through those types of disagreements we talk to each other we try to convince each other one way or the other and we find a good resolution to the problem. i'm so proud to have been able to be here in kazakhstan and see the launch pad were a year you could garden launched it was a wonderful experience you know that 1st step must have been a fairy fair

the i.r.s. is on their way! right now! run! you gotta run! they're going to take everything!moved tax day to may 17 this year. but you should have seen your face! you left your family behind, man. they're looking at you real weird right now. anyway, coming up on tonight's show, we meet the world leader is is driving an uber. we learn why canada is winning the fashion olympics, and we we have the talk that every black family has to give their kids. so let's do this, people! welcome to "the daily social >> announcer: from trevor's couch in new york city to your couch somewhere in the world, this is "the daily social distancing show," with trevor noah. >> trevor: i don't need to tell you this, that the news has been pretty heavy this week. even my meditation app had to unplug to "focus on itself." but as we know, even during the most downbeat times, it is still possible to find... a ray of sunshine. and that's exactly what we did. ♪ ♪ ♪ let's kick things off with the olympics. it's where people who sacrificed their entire lives to athletics compete to see who didn't waste their

we'll significantly ramp up i.r.s. enforcement against corporations or the super-wealthy who fail to report income or under-report it. it's estimated it could raise tens of billions of dollars. just 15 years. it's honest, it's fair, it's m fiscally response. it pays for what we need and reduces the debt over the long haul. by the way, i don't hear any of our fans criticizing the play, that the corporate tax cut, the trump tax cut, added $2 trillion, $1.9 trillion to the debt, the vast majority went to 1% of the top wage earners. i didn't hear anybody holler in this recovery, this k-shaped recovery where billionaires made $300 billion more during this period. where is the outrage there? i'm not trying to punish anybody, but damnit, maybe it's because i come from a middle-class neighborhood, i'm sick and tired of ordinary people being fleeced. let me close by saying this. whatever part sans and divisions there are around other issues, there don't have to be around this one. this shouldn't stop us from doing the right thi

giving 80 billion to the i.r.s. to boost audits on high earners. texas senator ted cruz says joe biden is making it clear he does not care about bipartisanship. >> i think you can sum up the first 100 days of this presidency, and i think you can sum up the speech we'll hear tonight in three words. boring but radical. this is not a moderate agenda. this is not a unity agenda. this is a radical agenda. >> harris: gillian turner is on the story at the white house for us. gillian. >> so 6.1 trillion is what all together the biden administration wants to spend on the american jobs plan, families plan, and rescue plan. each one of these bills on its own is the most -- among the most expensive proposals ever put before congress. now in terms of what to expect looking at tonight there will be some major changes to normal joint session of congress address. the biden administration is putting in place extra tight precautions. you might remember yesterday even as the president rolled out the new looser mask mandate for outdoor he took great care to emphasize

this policy comes at no cost to small or medium-sized businesses, with fewer than 500 employees, the i.r.sinstructions for how employers can get reimbursed for the cost of providing paid leave to the employees to get vaccinated and recover from the side effects, if they have any. that reimbursement, which comes through a tax payment, is thanks to the program i launched in the american rescue plan. so, again, every employee should get paid leave to get a shot. businesses should know they can provide it without a hit to their bottom line. there's no excuse for not getting it done. in the weeks ahead, i'll have more to say about other new developments in our vaccine program. we'll also continue moving aggressively to build or progress -- build on our progress and race to the finish line here, but let me close with this. back on march 11th i outlined a vision of what america could look like by the fourth of july. america, that was much closer to normal life than we left behind more than a year ago. we remain on track for that goal. in the weeks since then, more than 120 million shots have been

i.r.s. impersonation calls and fraudulent tech support calls are among the most widely used an costly scams targeting older americans. in fact more than 2.5 million americans have been targeted by scammers impersonating i.r.s. officials, costing more than $15,8 -- costing more than 15,800 millions of dollars since 2013. millions are victims of tech support scams, where scammers preto end to be from reputable tech companies. my mom was a victim of this scam. she called me thinking i had messed up her tax return but it was a scammer. they're also targetting older americans with promises of quicker access to vaccines, preying on those whose only wish is to hug their families members again. we are here today to do something about it. my bipartisan bill creates a new senior investment task force to fight back against hucksters targeting seniors. the task force will also coordinate with other federal regulators, state regulators and law enforcement to ensure we are doing everything we can to stop.

nonprofit public benefit corporation organized under section 501c4 of the i.r.s. code. 501c4 is lobby organization, it's entitled to endorse ballot measures inentitled to endorse candidates. they may have guardrails organizationally. >> president walton: i wanted to add my stance. there seems there could be some misrepresentation on behalf of what this organization's role is and the work for the summer. i think we need 100% clarity on what the role what the other organization is claiming. what information is federal government to our families -- gr families. as nonprofit leader for several years, when funding for the same program for several sources, it's not always that simple. we should clearly understand where resources are going. even if it's completely -- $25 million public dollars. we're going to get philanthropic dollars, we need to be clear on who's delivering services and what will happen as a result for families. i think it's important we separate politics from this work. i think we need more information. i want to thank supervisor ronen for bringing tha

justice: you have repeatedly distinguished the i.r.s. form from the california's use of schedule b because of the fact that it is kept strictly confidential, and irs has a nationwide mandate. you keep talking about the distinction between this not being a statute in california but being something that you described as subject to the executive whims. so if california, which has a statewide mandate, has a statute, and justice kagan asked you about keeping things strictly confidential, done by statute and only applying to donors in the state of california, is that a different case? attorney: the first thing in the analysis, even after the least restrictive analysis is established, it started with the states interest. it had to credit that. whether there is a statute that reflects the considerable legislative judgment that, yes, this is warranted and useful, it should make a difference to this court judge the analysis. in doe v. reed, here you have the opposite of that and you have the management of california, reflecting the joint appendix

spending reports the president will propose multiple changes to the tax code as well as beef up the i.r.sying the new taxes. for now the white house remains tight lipped about its plans. >> the package will be laid out in the speech next week and focus on the areas we've outlined. childcare, education, historic investments in those. as he did with the american jobs plan he will also propose a way to pay for it. >> there is already some opposition including from the opinion pages of "wall street journal" this morning saying the lesson that investors should have learned by now is bernie sanders was right when he predicted that joe biden would be the most left wing president since fdr. moderate joe was always a mirage. it comes as the white house is still trying to get congress on board with some $2 trillion in spending that they want to see tied to infrastructure. republicans have presented their own plan now that spends significantly less but has money that goes to things like roads, bridges, airports. the white house says it is still willing to talk. we'll see where the negotiations lead.

it will allow the i.r.s. to deny tax-exempt status to organizations whose positions it doesn't like. and on and on. and then there is the fact that on a purely practical level, this bill would be a disaster. a recent "daily beast" article highlighted the onerous and impossible to meet requirements the bill imposes on conducting elections. to quote "the daily beast," another media outlet not known for its favoritism to republicans, said the republican was written, quote, with no consultation with election administrators, and it shows. it comes packed with deadlines and requirements election administrators cannot possibly meet without throwing their systems into chaos. the article goes on to say, and i quote again, the sections of the bill relating to voting systems show remarkably little understanding of the problems the authors apply alarmingly prescriptive solutions to. many of the changes the bill demands of election administrators are literally impossible to implement, end quote. that, again, mr. president

it is currently registered a z a 501c4, and that means as soon as the i.r.s. responds to the application, it won't legally be able to endorse or advocate on behalf of political candidate. the organization is not recruiting hard to reach families to the program as they had previously advertised. that work is being done by nonprofits with a history of working with disadvantaged families and deep and long standing relationships with community of color. as a matter of fact, my office and i am hoping all of you and your office wills join in this effort to make sure that the families that need summer together even more than other families will help reach the families and make sure they know about this opportunity that is available to them. together sf will also become independent from civic labs, the organization that is spoon sorg it at the moment and hearsay media. i will have its own board of directtors and be a completely independent organization. the organization is also doing wonderful work right now helping to bring volunteers to help with packaging food for

it is currently registered a z a 501c4, and that means as soon as the i.r.s. responds to the application, it won't legally be able to endorse or advocate on behalf of political candidate. the organization is not recruiting hard to reach families to the program as they had previously advertised. that work is being done by nonprofits with a history of working with disadvantaged families and deep and long standing relationships with community of color. as a matter of fact, my office and i am hoping all of you and your office wills join in this effort to make sure that the families that need summer together even more than other families will help reach the families and make sure they know about this opportunity that is available to them. together sf will also become independent from civic labs, the organization that is spoon sorg it at the moment and hearsay media. i will have its own board of directtors and be a completely independent organization. the organization is also doing wonderful work right now helping to bring volunteers to help with packaging food for