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the irs business divisions have been actively engaged with the irs i.t. team and others in designing the plan which sets specific business goals, includes multiple milestones, significant oversight, various levels of accountability while expanding the analytics to bring taxpayers into compliance. we look forward to working with your staff as we move forward with the plan. >> i have 25 minutes left. i'll reserve it. >> 25 minutes? >> 25 seconds. senator wyden. >> thank you. thank you, mr. chairman. commissioner, at your confirmation hearing, you were asked how you would respond to political pressure. you said, i would hope that the members of this committee and the american taxpayers see me as staunchly independent or more so. i bring this up because i'm of the view that you are now on the receiving end of a very aggressive political campaign by the trump administration. last week the president's lawyer presumably acting at the behest of the president wrote the treasury department a letter insisting that you, the irs, not comply with chairman neal's reques
the irs business divisions have been actively engaged with the irs i.t. team and others in designing the plan which sets specific business goals, includes multiple milestones, significant oversight, various levels of accountability while expanding the analytics to bring taxpayers into compliance. we look forward to working with your staff as we move forward with the plan. >> i have 25 minutes left. i'll reserve it. >> 25 minutes? >> 25 seconds. senator wyden. >> thank...
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Apr 4, 2019
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the irs audits more than a million tax returns every year. and while audits of the president and vice president might have an automatically the audit process that is followed for them ought to be the same a. it is for everyone else. every member of the ways and means committee knows that as well. in member's remarks yesterday, they said the committee has a responsibility to conduct oversight of the tax system to determine how americans, including those in elected office are complying with theh law. in other words, the president and vice president ought to be s held to the same high standards as every other american. not at different standards. the same standards. there is no reason to believe that this is already happening. democrats haven't offered a shred of evidence to suggest the irs hasn't done his job. and by the way, the democrats are really so concerned about enforcement, then why not ask the treasury inspector general to conduct a review of the irs audit process? i want to tell you why they might not do that because they are not conc
the irs audits more than a million tax returns every year. and while audits of the president and vice president might have an automatically the audit process that is followed for them ought to be the same a. it is for everyone else. every member of the ways and means committee knows that as well. in member's remarks yesterday, they said the committee has a responsibility to conduct oversight of the tax system to determine how americans, including those in elected office are complying with theh...
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i would like to see each employee at the irs is an ambassador for the irs and worked hard with us to bring other people on. hiring is a difficult issue. ?> anyway that we can help mr. rettig: streamlined critical pay would help us a lot. general circulation articles on efforts to streamline the normal onboard hiring process to cut us down from the eight or nine month process that allows us to be competitive with the private sector. that would help significantly. >> the tax got number out there is very old. we are all guessing. how do we get an updated number? 2018, we willne release cap figures from the 2011 22013 timeframe. we are looking -- tax gap comes about as a result of a physical audit. we are looking at a department of internal revenue service to use data analytics to get us a more current, possibly more accurate -- not that the other one isn't, but using current information. the world has changed quite a bit. we have talked about prioritization and when i talk to attorneys that handle tax issues on the private sector, and i will pull them aside and say, as a taxpayer, what
i would like to see each employee at the irs is an ambassador for the irs and worked hard with us to bring other people on. hiring is a difficult issue. ?> anyway that we can help mr. rettig: streamlined critical pay would help us a lot. general circulation articles on efforts to streamline the normal onboard hiring process to cut us down from the eight or nine month process that allows us to be competitive with the private sector. that would help significantly. >> the tax got number...
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Apr 3, 2019
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it's a matter of practice at the irs. so it's important for us as we did this question to get our hands on these documents in order to make that assessment and obviously there are serious other public interests that would be served by having access but principally this is about the policy question that the committee is anxious to look at. >> are you confident your committee has the authority to do this? >> there's no question the committee has the authority. it's been exercised by the committee for many, many years in different circumstances. obviously in this case since the president has broken from this near 50-year tradition, it's being exercised in context of the president's returns but there's no question it is clear in the law that the chairman of the ways and means committee has the authority to seek these from the irs commissioner and that the irs commissioner is bound by law to provide them. so we expect the irs to comply. >> because the chairman, richard neal, the chairman of your committee, the ways and means c
it's a matter of practice at the irs. so it's important for us as we did this question to get our hands on these documents in order to make that assessment and obviously there are serious other public interests that would be served by having access but principally this is about the policy question that the committee is anxious to look at. >> are you confident your committee has the authority to do this? >> there's no question the committee has the authority. it's been exercised by...
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Apr 5, 2019
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it says it's a crime for the president to request that the irs commissioner or anyone else at the irsooperate with chairman richard neal's investigation. and the law doesn't stop there. if the president has made that phone call, if the president has called up the commissioner of the irs any time in the last few months when they knew this was coming and said, don't give them my tax returns, the irs commissioner is under legal obligation to immediately report that phone call to their treasury's inspector general and if the commissioner doesn't do that, then the commissioner has himself committed a crime by not reporting the trump request. the penalty in this law for the president or anyone in the trump white house calling up the irs commissioner and telling him not to hand over the tax returns is a maximum of five years in prison. the penalty for the irs commissioner himself not reporting that someone made that request is the same thing. maximum of five years in prison. so knowing the impulse of donald trump as we do, what is the likelihood he has committed that federal crime already? a
it says it's a crime for the president to request that the irs commissioner or anyone else at the irsooperate with chairman richard neal's investigation. and the law doesn't stop there. if the president has made that phone call, if the president has called up the commissioner of the irs any time in the last few months when they knew this was coming and said, don't give them my tax returns, the irs commissioner is under legal obligation to immediately report that phone call to their treasury's...
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rather i would have indicated to the irs commissioner i expected the irs to comply with the law as always. and joining us now for an exclusive interview, lawrence somers, the former treasury secretary under president bill clinton and former director of the national economic counsel under obama. he is an economics professor at harnd university. thank you for joining us tonight. have you taught me something once again. i'm used to taking notes when you speak. but i did not know that the delegation from the treasury secretary to the irs commissioner on matters of tax issues like this was actually in writing and that it's a formal delegation and there's a formal process for revoking that delegation. >> that's right. you know, it's the first one of the first things my general counsel told me when i became treasury secretary was any individual tax matter affecting any individual taxpayer you are under no circumstances going to be anywhere near. and that applies to a request of this kind and for good reason. it's the essence of the integrity of the tax system that politically appointed officials
rather i would have indicated to the irs commissioner i expected the irs to comply with the law as always. and joining us now for an exclusive interview, lawrence somers, the former treasury secretary under president bill clinton and former director of the national economic counsel under obama. he is an economics professor at harnd university. thank you for joining us tonight. have you taught me something once again. i'm used to taking notes when you speak. but i did not know that the...
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Apr 4, 2019
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he is asking the irs to provide this, and never has the irs refused such a request.een granted, even in the case of richard nixon, gerald ford, and nelson rockefeller. so it would be unprecedented not to have the irs comply with this. >> the president has reacted to this news this evening by essentially suggesting that he won't allow his tax returns to be handed over, as if he has a role that he can direct the treasury department, that he can direct the irs specifically, that they should not respond to this request. what's your response to that? >> he doesn't have the authority to do so. the tax law allows us to ask the irs for those returns. the irs is an independent committee and federal agency, and so they -- they must comply with the law. and indeed, they have in every incidents in which these returns have been asked for. so no, the president is not standing on the right ground on this. >> i might imagine if try to put myself in the president's shoes or in the shoes of his advisers and people who might be worried about what turns up in his tax returns, i imagine
he is asking the irs to provide this, and never has the irs refused such a request.een granted, even in the case of richard nixon, gerald ford, and nelson rockefeller. so it would be unprecedented not to have the irs comply with this. >> the president has reacted to this news this evening by essentially suggesting that he won't allow his tax returns to be handed over, as if he has a role that he can direct the treasury department, that he can direct the irs specifically, that they should...
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it's easy for the irs if they're going to comply.hey could comply with this in a matter of a few days. and so april 10 is a perfectly reasonable deadline but april 10 might be the beginning of what becomes a legal fight over this. >> i think there absolutely is going to be a legal fight. they're not going to hit that deadline, and it reminds me that we're in a very different era. when nelson rockefeller was getting approved to be vice president, he sat for the congress for two days, and they went through all of his finances, including his tax returns. and he had vastly more complex holdings than donald trump has, and he was expected to sit in front of congress and answer questions about whether he was financially conflicted. and trump is just flouting that process. it's a good government issue. this isn't partisan politics or idealogies, whether or not the people running the country are or are not conflicted. >> there is no law on the side of donald trump on this one. the people we needed to talk to, thank you very much. really appre
it's easy for the irs if they're going to comply.hey could comply with this in a matter of a few days. and so april 10 is a perfectly reasonable deadline but april 10 might be the beginning of what becomes a legal fight over this. >> i think there absolutely is going to be a legal fight. they're not going to hit that deadline, and it reminds me that we're in a very different era. when nelson rockefeller was getting approved to be vice president, he sat for the congress for two days, and...
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and are you worried about the irs? a lot of people feeling the pinch at this recent tax clinic in san jose. now are there tricks and pro tips when dealing with the irs? our insider says yes. consumer investigator chris chmura got the scoop from a former irs agent. chris, we all need the help we can get. what do you got? >> for 30 years april tracked people down. she got them to pay their federal taxes or she seized their assets to cover the debt. now over the next three minutes or so, she is peeling back the curtain. she e is going to share stories that might intimidate you at first, but maybe ease your irs anxiety in the end. do you mind if we call you april? >> april would be good. >> reporter: the name april is fake, but her irs credentials are real. >> i have a lot of respect for what i did. >> reporter: she wasn't just any irs agent. she was a collections agent. >> i've seized cars, boats, gone to a business, had to take inventory and close the business down. >> reporter: april knows people fear the irs. she wants
and are you worried about the irs? a lot of people feeling the pinch at this recent tax clinic in san jose. now are there tricks and pro tips when dealing with the irs? our insider says yes. consumer investigator chris chmura got the scoop from a former irs agent. chris, we all need the help we can get. what do you got? >> for 30 years april tracked people down. she got them to pay their federal taxes or she seized their assets to cover the debt. now over the next three minutes or so, she...
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the first audit by the irs of president nixon's returns, actually, the irs gave president nixon a complete, clean bill of tax health as a result of that audit, and even sent president nixon a letter complimenting him on the care with which he had prepared those returns, but on later audits of the same returns, one by the nonpartisan staff of the joint committee on taxation and one by the irs again, we discovered that, in fact, president nixon owed almost a half a million dollars of additional tax and interest, so there's an inherent conflict of interest when the irs is asked to audit, essentially its boss, and it's absolutely the responsibility of congress and the ways and means committee to exercise its oversight responsibility to double check that those audit -- that audit is being done appropriately or whether there's any funny business going on. so i think that the chair minnesota man is very smart in laying out that rationale as well as others for this request. >> let's listen to richie neal. the audience will finally get to hear his voice. they don't hear this very much. he did make
the first audit by the irs of president nixon's returns, actually, the irs gave president nixon a complete, clean bill of tax health as a result of that audit, and even sent president nixon a letter complimenting him on the care with which he had prepared those returns, but on later audits of the same returns, one by the nonpartisan staff of the joint committee on taxation and one by the irs again, we discovered that, in fact, president nixon owed almost a half a million dollars of additional...
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up to the irs how to proceed.sel for the irs, i assume that is the person who would be the point of contact. >> or at least might have some involvement in it, yes. but i think it is an example of if that was the president's motive, that is part of a pattern we have seen repeatedly where he tries to install people he perceives as loyalists in certain jobs where there are potential investigative connections. >> wow. that's really fascinating. maggie haberman. thanks very much. we're joined by michael dan tone owe. also laura coats. so laura, first off maggie's reporting the president pushed the senate to fast track his nominee for irs chief counsel. how do you see that? >> i mean, just think about the context of it. within a week of the federal government reopening, i know that sounds like a long time ago, the president prioritizes the chief counsel of the irs. that's top of the list, even over the attorney general of the united states. i mean, think about what the role of that person is. the role of that chief coun
up to the irs how to proceed.sel for the irs, i assume that is the person who would be the point of contact. >> or at least might have some involvement in it, yes. but i think it is an example of if that was the president's motive, that is part of a pattern we have seen repeatedly where he tries to install people he perceives as loyalists in certain jobs where there are potential investigative connections. >> wow. that's really fascinating. maggie haberman. thanks very much. we're...
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Apr 15, 2019
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it is not as if the irs is not looking at these companies. and a large portion of the tax gap on the individual side of the $290 billion estimated, almost half of that -- >> thank you! thank you! thank you! yes! yes! thank you washington, d.c.. thank you. you are all
it is not as if the irs is not looking at these companies. and a large portion of the tax gap on the individual side of the $290 billion estimated, almost half of that -- >> thank you! thank you! thank you! yes! yes! thank you washington, d.c.. thank you. you are all
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>> we have very serious questions as to whether or not the irs is properly enforcing the tax law. and of course those questions are made a little more relevant when we see the president's lawyer writing to the commissioner of the irs essentially threatening them or ordering them to take certain actions relative to this request. who's in charge here? >> so the irs commissioner -- charles redding had written a piece in forbes before the election basically arguing the case for donald trump not to disclose his taxes. what's your thought on that? >> well, then i would suppose the commissioner has a bias, which maybe he ought to set aside and actually just look at the law. i mean, he can have his opinions as to whether the president should voluntarily release his returns, but he can't have an opinion as to whether or not this law, which was passed in 1921 following the teapot dome skan scandal, that gives this extraordinary to the chairman, he doesn't have an opinion relative to this day and to this particular taxpayer the law governs. the law is the law, and he should follow the law. >
>> we have very serious questions as to whether or not the irs is properly enforcing the tax law. and of course those questions are made a little more relevant when we see the president's lawyer writing to the commissioner of the irs essentially threatening them or ordering them to take certain actions relative to this request. who's in charge here? >> so the irs commissioner -- charles redding had written a piece in forbes before the election basically arguing the case for donald...
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on the one hand, we need a much better resourced irs.very dollar that you get -- give the irs saves the government money because they are able to bring in more dollars and do enforcement. but then we need a radical re-and -- reimplementation of the priorities. as the story showed, it's shocking how much they are focusing on people who are struggling and don't have time to deal with it, it's not a lot of money there. but there is a lot of money in the various we -- loopholes and accounting shenanigans undertaken by the top 1% in corporations and that is where most of the enforcement attention should be and it has not been, recently. the thing where the authors of the pro-public a article got it wrong was that in the audit rates of the largest company, for example, $20 billion in cash flow per year, the audit rate is 54%. it's not as if the irs isn't looking at these companies. the other thing is -- a large portion of the tax gap on the individual side of the $219 billion estimated, almost a half of that is coming from the so-called schedu
on the one hand, we need a much better resourced irs.very dollar that you get -- give the irs saves the government money because they are able to bring in more dollars and do enforcement. but then we need a radical re-and -- reimplementation of the priorities. as the story showed, it's shocking how much they are focusing on people who are struggling and don't have time to deal with it, it's not a lot of money there. but there is a lot of money in the various we -- loopholes and accounting...
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i'm going to tell the irs not to release it? >> that's committing a crime. >> this will end up probably in the courts and may even go up to the supreme court before a guy named brett kavanaugh and his comrades there. there is no way he will let this happen. he will order steve mnuchin if he has to say no. and they will take this cocourt. bill barr has shown -- >> our country will be determined by roberts and and hish and maybe gorsuch. administration have to follow a very clear law or not, that's going to end up being a tremendous fight. there may be others coming down the pike too here. >> new reporting suggests that the president may have already taken steps to shield himself as joy just suggested. "the new york times" revealed earlier this year trump asked senator mcconnell, the republican leader in the senate to prioritize a confirmation vote to be the chief counsel of the irs. chief counsel of the irs. think about that why he cared so much about it. most curious was the urgency of trump's ask. -- request. trump indicated it
i'm going to tell the irs not to release it? >> that's committing a crime. >> this will end up probably in the courts and may even go up to the supreme court before a guy named brett kavanaugh and his comrades there. there is no way he will let this happen. he will order steve mnuchin if he has to say no. and they will take this cocourt. bill barr has shown -- >> our country will be determined by roberts and and hish and maybe gorsuch. administration have to follow a very...
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the irs can seize your house but that's rare.s 150 million tax returns every year and yet currently auctioning off just 14 homes nationally. in her 30 years, april never evicted anyone. >> taking a home, last resort. we don't want to take your personal residence. >> reporter: most people fear take it or leave it tactics. >> is the irs sending you threatening letters? >> reporter: reinforcing that idea. >> you have tax rights and our professionals fight hard. >> reporter: but you can try to negotiate with the irs on your own. there's an official form to offer a compromise and april says it works. she told us she cut deals with families that couldn't pay in full. >> we may take less than what you owe and resolve it. >> reporter: april said assumptions are what get people into trouble. if your taxes are off by a small amount, you can't just write it off. >> reporter: you come to the door for a hundred bucks? >> no matter how much you owe, whether a small amount or big amount, you'll get a letter. >> reporter: too many people ignore
the irs can seize your house but that's rare.s 150 million tax returns every year and yet currently auctioning off just 14 homes nationally. in her 30 years, april never evicted anyone. >> taking a home, last resort. we don't want to take your personal residence. >> reporter: most people fear take it or leave it tactics. >> is the irs sending you threatening letters? >> reporter: reinforcing that idea. >> you have tax rights and our professionals fight hard....
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commissioner, the general counsel over at the irs.ons does that raise? >> well, hmm, i wonder why he did that. because they have known for months, the democrats have made it, you know, no secret, that they intended to get the president's tax returns, and they found a way ads cs contrivs it may seem to the president's attorneys to do that, and i think the president, you know, was preparing for this. and he was so eager to have someone he knew and trusted who had worked with the trump organization in the past, in that job, that he said, okay, wait, you know, let's do this first before we even get a new attorney general confirmed. so you know, you put one and one together sometimes, and you get two. >> you know, to another question that we're following right now. the president's trip, he's out in california, along the border with mexico right now. watch and listen to what he said today about people coming into the united states. listen to this. >> it's a colossal surge, and it's overwhelming our immigration system. and we can't let that
commissioner, the general counsel over at the irs.ons does that raise? >> well, hmm, i wonder why he did that. because they have known for months, the democrats have made it, you know, no secret, that they intended to get the president's tax returns, and they found a way ads cs contrivs it may seem to the president's attorneys to do that, and i think the president, you know, was preparing for this. and he was so eager to have someone he knew and trusted who had worked with the trump...
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that provision in the irs manual.ople are looking at this much more carefully. we need to see, in a very targeted and focused way, is the irs doing its job to actually audit the president and the vice president? there's all kinds of procedures and processes. the president's taxes are supposed to be kept in a special safe, they're supposed to be kept in orange folders, nobody's supposed to look at it except for the people who are doing the audit. have day done that work? so the president has called more attention to this issue by not releasing his tax returns in the first place. chairman neal has said since day one he became chairman, we're going to be very deliberate, very judicious. we're going to make sure we use judgment that will hold up to scrutiny by others and by a court of law. we cannot politicize this. >> i want to ask you, while i have you here, about something that one of your colleagues has said. ilhan omar was talking about presidential adviser stephen miller, who really is pulling the strings at the whi
that provision in the irs manual.ople are looking at this much more carefully. we need to see, in a very targeted and focused way, is the irs doing its job to actually audit the president and the vice president? there's all kinds of procedures and processes. the president's taxes are supposed to be kept in a special safe, they're supposed to be kept in orange folders, nobody's supposed to look at it except for the people who are doing the audit. have day done that work? so the president has...
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it's true the irs can seize your house, but it's rare. the irs gets 150 million tax returns every year but it is currently auctions off just 14 homes nationally. in her 30 years, april never evicted anyone. >> reporte >> taking a home is a last resort. we don't want to take your residence. >> reporter: most people fear take it or leave it tactics. ads for attorneys and accountants reinforced the idea. >> you have tax rights and our professionals fight hard. >> reporter: you can try to negotiate with the irs on your own. there is an official form to offer in compromise. april says it works. she told us she cut deals with families that couldn't pay in full. >> we may take less than what you owe and resolve it. >> reporter: april says assumptions get people in trouble. if your taxes are off by a small amount you can't just write it off. >> are you going to come to the door for a hundred bucks? >> no matter how much you owe, small or big, you will get a letter. >> reporter: april says too many people ignore them assuming minor mistakes will b
it's true the irs can seize your house, but it's rare. the irs gets 150 million tax returns every year but it is currently auctions off just 14 homes nationally. in her 30 years, april never evicted anyone. >> reporte >> taking a home is a last resort. we don't want to take your residence. >> reporter: most people fear take it or leave it tactics. ads for attorneys and accountants reinforced the idea. >> you have tax rights and our professionals fight hard. >>...
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to be audited by the irs.y the discretion. nobody is talking about it. that's why he is doing this. he's requesting these tax returns in the first place because this policy has been in place to take away the discretion of the employees so the employees aren't under pressure that they have to decide whether or not to audit the president. every president, every vice president is supposed to be audited by the irs and the request is to find out in a narrow and targeted way is the irs doing what it says in the irs manual to actually audit the president. >> so when the president says that he always gets audited. for awhile he said every year and then he said two or three years in a row. so a little contradiction there, the idea that you cannot release your returns or nobody would advise anybody to release their returns while they are being audited, what do you make of that argument? >> that's complete fantasy. that's not accurate whatsoever. the chairman has the power to request anyone's tax returns whether they're
to be audited by the irs.y the discretion. nobody is talking about it. that's why he is doing this. he's requesting these tax returns in the first place because this policy has been in place to take away the discretion of the employees so the employees aren't under pressure that they have to decide whether or not to audit the president. every president, every vice president is supposed to be audited by the irs and the request is to find out in a narrow and targeted way is the irs doing what it...
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she wasn't just any irs agent. was a collections agent. >> seized cars, boats, had to take inventory and close the business down. >> people fear the irs. she wants to counter the reputation of being heartless. your antsy. they are too. you get nervous and you're a little afraid. you don't know how the person is going to react. >> the biggest fear is losing their home. it's true the irs can seize your house but that's rare. the irs gets 150 million tax returns every year and it's auctioning off 14 homes nationally. in her years april never evicted anyone. >> taking a home, last resort. we don't want to take your residence. >> most people fear take it or leave it tactics. >> you have tax rights and our professionals fight hard. >> but you can try to negotiate with the irs on your own. there's an official form to offer a compromise and april says it works. she told us she cut deals with families that couldn't pay in full. >> we may take less than what you owe and resolve it. >> april says assumptions get people into t
she wasn't just any irs agent. was a collections agent. >> seized cars, boats, had to take inventory and close the business down. >> people fear the irs. she wants to counter the reputation of being heartless. your antsy. they are too. you get nervous and you're a little afraid. you don't know how the person is going to react. >> the biggest fear is losing their home. it's true the irs can seize your house but that's rare. the irs gets 150 million tax returns every year and...
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the result is a specific request to the irs commissioner. it's provided under section 6103 of the tax code which says the chairman of the ways & means committee can seek tax returns from taxpayers when there is a public interest and a public policy purpose. there very much is one in this case. >> it is not just the president pushing back. it's republican members of your own committee. for instance, congressman kevin brady put out this statement. weaponizing our nation's tax code by targeting political foes sets a dangerous precedent and weakens american's privacy rights. by law all americans have a fundamental right to the privacy of the personal information found in their tax returns. is he right? >> first of all, it's amazing to the extent to which republicans in congress are willing to sacrifice their own obligations. the oath they swore to provide oversight on the executive branch of government in order to defend a president whose standards are taking us to a dark place. having said that, no. the president of the united states is a uniqu
the result is a specific request to the irs commissioner. it's provided under section 6103 of the tax code which says the chairman of the ways & means committee can seek tax returns from taxpayers when there is a public interest and a public policy purpose. there very much is one in this case. >> it is not just the president pushing back. it's republican members of your own committee. for instance, congressman kevin brady put out this statement. weaponizing our nation's tax code by...
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treasury wields a lot of power over the irs. the irs is within treasury, so it really remains to be seen. but, you know, it's a credit to the bureaucracy this hasn't leaked yet. these people are hardworking. they're dedicated civil servants. they're really honorable people. so they believe in the tax laws here. but we'll have to see about this giant court fight that's going to happen. >> well, there's a ridiculous assertion here, david to me at least, facially ridiculous. the letters trump's lawyers say, our firm welcomes the opportunity to represent president trump in his position a taxpay taxpayer. he's the president of the united states. he doesn't get to get out of that. >> well, they're desperately trying to find some way to get around the crystal clear language we've had since 1924, shall. and it's not just tax returns. it's related tax information, shall be provided. listen, anti-corruption law, and one of the things i hope we do in our discussions going forward, chris, is let's call the irs what they are. they're the tax
treasury wields a lot of power over the irs. the irs is within treasury, so it really remains to be seen. but, you know, it's a credit to the bureaucracy this hasn't leaked yet. these people are hardworking. they're dedicated civil servants. they're really honorable people. so they believe in the tax laws here. but we'll have to see about this giant court fight that's going to happen. >> well, there's a ridiculous assertion here, david to me at least, facially ridiculous. the letters...
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Apr 10, 2019
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rather, i would have indicated to the irs commissioner that i expected the irs to comply with the law us now, very pleased to say is lawrence summers, he's the former treasury secretary under president clinton. he's former director of the national economic counsel under president obama. he currently serves as economics professor at harvard university. he also authored this opinion piece in the "washington post" making the case the current treasury secretary shouldn't stop the irs commissioner from releasing president trump's tax returns. secretary summers, thank you for joining us. it's an honor to have you here tonight. >> good to be with you, rachel. >> one of the things i found striking in your op-ped, it's very unequivocal that this is black letter law, that the irs commissioner does not have leeway to ignore this request and the treasury secretary does not have leeway to direct his irs commissioner that he should ignore this request. are you staking out a claim for the purposes of argument or are you stating something that's essentially consensus among everybody who's looked at t
rather, i would have indicated to the irs commissioner that i expected the irs to comply with the law us now, very pleased to say is lawrence summers, he's the former treasury secretary under president clinton. he's former director of the national economic counsel under president obama. he currently serves as economics professor at harvard university. he also authored this opinion piece in the "washington post" making the case the current treasury secretary shouldn't stop the irs...
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years possibly, aback-and-forth between the irs and lawmakers . secretary mnuchin has indicated he is not exactly excited about this prospect. doesn't believe he needs to do it. mick mulvaney has said this has already been litigated, we talked about this during the election andvoters chose trump anyway . >> mulvaney going on fox news away in on this topic. the president's chief of staff. >> they knew they're not going to get these taxes, they know what the law is, they know one of the fundamental principles of the irs is to protect althe confidentiality of you and me and everybody else whofile taxes. they know the terms under law by which the irs can give them thedocuments . but political hit job is not one of those reasons . >> to be clear, you believe democrats will never see the presidents tax returns . >> never, nor should they. that's an issue already litigated during the election . voters knew the president could have given his tax returns and they elected him anyway which is what drives the democrats crazy but they just want the attention o
years possibly, aback-and-forth between the irs and lawmakers . secretary mnuchin has indicated he is not exactly excited about this prospect. doesn't believe he needs to do it. mick mulvaney has said this has already been litigated, we talked about this during the election andvoters chose trump anyway . >> mulvaney going on fox news away in on this topic. the president's chief of staff. >> they knew they're not going to get these taxes, they know what the law is, they know one of...
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first and foremost, how the irs or treasury department which oversees the irs actually responds to housecommittee chairman richard neal and his request. we heard from the president's personal lawyers who sent a letter to the treasury department making clear their posture. you've seen from nick mulvaney, the president himself, their posture on this. the question of what comes next will start with that response from the administration officially and whatever richard neal, whatever he does next. the expectation is you're not going to see a lawsuit or subpoena next week. they'll likely create a paper trail for any future legal action, perhaps a followup letter if nothing is complied with. keep in mind what the chairman can do later on. there is subpoena possibility. this is law and some think they don't need to send a subpoena. instead they'd go straight to a lawsuit. the big question as this week plays out, obviously the political football, but also the positioning as well. following this fight is only going to escalate, knowing this fight is likely to end up in the courts, how both sides p
first and foremost, how the irs or treasury department which oversees the irs actually responds to housecommittee chairman richard neal and his request. we heard from the president's personal lawyers who sent a letter to the treasury department making clear their posture. you've seen from nick mulvaney, the president himself, their posture on this. the question of what comes next will start with that response from the administration officially and whatever richard neal, whatever he does next....
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it's a practice of the irs.n order foritous make a judgment as to whether or not the law is adequate to protect the interest of the american people when it comes to a president being held responsible to adhere to the tax code of the country, we have to take a look at this. >> on the ways and means committee, thank you for joining me. >> dnc chairman tom perez will >> in a perfect illustration of how deadlocked parliament has become, this afternoon, this result. >> the ayes to the right, 310. the nos to the left, 310. >> what does that mean? i don't know, but there is more brexit madness as the count rye continues to slowly, painfully and lewd krusly commit economic suicide. parliament remains paralyzed as the deadline approaches and panic is setting in. back in 2016, the surprise victory of the brexit referendum was a hashinger of the trump victory. brexit and trumply victory have been linked as we watch these two democracies destroying their own institutions by empowering their most xenophobic forces and how we
it's a practice of the irs.n order foritous make a judgment as to whether or not the law is adequate to protect the interest of the american people when it comes to a president being held responsible to adhere to the tax code of the country, we have to take a look at this. >> on the ways and means committee, thank you for joining me. >> dnc chairman tom perez will >> in a perfect illustration of how deadlocked parliament has become, this afternoon, this result. >> the...
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Apr 14, 2019
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chris: will he tell the irs not to -- >> hold on, chris. >> chris: would he tell the irs not to release them, though? >> we will have to see what happens on the front. the issue has been litigated, we went through it in 2016. one of the biggest things that people aren't seeing is the fact that the only reason that the oversight committee has the ability to request someone's taxes or for the purpose of did i -- determining policy, this is all about political partisanship, this is a dangerous, dangerous road and frankly, chris, i don't think congress and not particularly this group of congressmen are spatter enough to look through thousands of pages that i would assume president trump's taxes would be. my guess is most of them don't do their own taxes and i certainly don't trust them to look through decades of success that the president has and determine anything. he's stilled out hundreds of pages of disclosure and disgusting overreach that they are making when they are not doing this based on policy and puts every american who has filled out tax return or tax forms in the past -- chris:
chris: will he tell the irs not to -- >> hold on, chris. >> chris: would he tell the irs not to release them, though? >> we will have to see what happens on the front. the issue has been litigated, we went through it in 2016. one of the biggest things that people aren't seeing is the fact that the only reason that the oversight committee has the ability to request someone's taxes or for the purpose of did i -- determining policy, this is all about political partisanship, this...
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house democrats sending a new letter to the irs.ll you what we know about it. from any one else. why accept it from your allergy pills? most pills don't finish the job because they don't relieve nasal congestion. flonase sensimist is different. it relieves all your worst symptoms, including nasal congestion, which most pills don't. it's more complete allergy relief. and all from a gentle mist you can barely feel. flonase sensimist helps block six key inflammatory substances. most pills only block one. and six is greater than one. flonase sensimist. >>> breaking news out in just the last few minutes. house democrats want to see president trump's tax returns. they're not backing down and this morning house ways and means chairman congressman richard neal sent a new letter to the irs requesting the tax returns again and he wants them by april 23rd. joining me now, brian robinson republican strategist and scott bowland. gentlemen, welcome back. >> good morning. >> brian, let me start here by reading just from the letter here. this all c
house democrats sending a new letter to the irs.ll you what we know about it. from any one else. why accept it from your allergy pills? most pills don't finish the job because they don't relieve nasal congestion. flonase sensimist is different. it relieves all your worst symptoms, including nasal congestion, which most pills don't. it's more complete allergy relief. and all from a gentle mist you can barely feel. flonase sensimist helps block six key inflammatory substances. most pills only...
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. >> te que ir pedir que me la dieran >> son muchos los que necesitan mÁs tiempo, segÚn el irs(impuestoe impuestos >> cabe aclarar que solo aica para la entrega de declaraciÓn de impuesto si debe dinero tendrÁ que pagar >> el irs(impuesto sobre la renta) permite un plan de pagos mensuales. >> se recomienda a la o aunque a porciÓn y este pago se puede calcular basado en los ingresona seÑora esperanza para enviar su declaraciÓn a tiempo y evitar otra multa como la que le impuso el irs(impuesto sobre la renta) el aÑo pasado para no enviarla a tiempo >> no quiero saber nada del irs(impuesto sobre la renta) >> desde los Ángeles noticias telemundo. >> con eso no se juega ahora van a conocer a niÑos a j abejeros son niÑos que se dedican a crear abejas como parte de su formaciÓn acadÉmica >> es un zumbido del que se han enamorado se trata de un ejÉrcito de pequeÑos a oaxaca, dedican * mÁs de 8 horas a las semana al cuidado de miles de abejas >> estÁ muy bien tambiÉn. >> marco es el maestro y el Único que no se protege porque dice las abejas lo conocen y aprecian >> aquÍ la idea es que la abeja
. >> te que ir pedir que me la dieran >> son muchos los que necesitan mÁs tiempo, segÚn el irs(impuestoe impuestos >> cabe aclarar que solo aica para la entrega de declaraciÓn de impuesto si debe dinero tendrÁ que pagar >> el irs(impuesto sobre la renta) permite un plan de pagos mensuales. >> se recomienda a la o aunque a porciÓn y este pago se puede calcular basado en los ingresona seÑora esperanza para enviar su declaraciÓn a tiempo y evitar otra multa...
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Apr 22, 2019
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john kennedy use the irs against his political opponents.agazine because ben bradley knew about it. of those who received leaked information was ben bradley. later of "the washington post" and also sicking the irs on his political opponents. and those that he was concerned about like mlk. johnson picked up where kennedy left off and took it further. he use the irs against his political opponents and used the fbi. that johnson actually had hubert humphrey's phone tapped running for president of the united states because he was concerned what hubert humphrey would say about the vietnam war. johnson had the goldwater campaign tapped. the fbi an atlantic city convention monitoring his opponents. getting regular feedback from j edgar hoover. although i'm disgusted i'm not surprised that the democrats in the house have learned a lot from fdr, john kennedy, it and johnson because they want to see trumps tax returns. they don't control the executive branch but they control the house. we have a chairman of the committee elijah cummings. he has sent a
john kennedy use the irs against his political opponents.agazine because ben bradley knew about it. of those who received leaked information was ben bradley. later of "the washington post" and also sicking the irs on his political opponents. and those that he was concerned about like mlk. johnson picked up where kennedy left off and took it further. he use the irs against his political opponents and used the fbi. that johnson actually had hubert humphrey's phone tapped running for...
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in 2017, for example, 34,000 audits ended with the irs writing a second check to the taxpayer. not the other way around. if you get a letter, don't sweat it. if you run into trouble with the irs, tell us about it at nbcbayarea.com/responds or call us at 1-888-996-tips. >> it still sounds scary. >> it does. >> 4:56. coming up on "today in the bay", we want to check the monday forecast for you. >> you know on tax day everyone is standing in line at the post office trying to get those mailed off today. it's going to be one of those days you may be standing out there in the rain. i'll be tracking this storm system. more on that coming up next. >>> and even though we're tracking the slower drive, the flashing lights marcus showed you on the peninsula, we have a change here. one more cash lane open. mild backup at the bay bridge. >>> oakland firefighters saying enough is enough when it comes to side shows. the damage left behind last night and the concerns firefighters have for safety of lives. chaos on east bay streets. we )re live after a sideshow spirals out of control - people >>
in 2017, for example, 34,000 audits ended with the irs writing a second check to the taxpayer. not the other way around. if you get a letter, don't sweat it. if you run into trouble with the irs, tell us about it at nbcbayarea.com/responds or call us at 1-888-996-tips. >> it still sounds scary. >> it does. >> 4:56. coming up on "today in the bay", we want to check the monday forecast for you. >> you know on tax day everyone is standing in line at the post...
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Apr 6, 2019
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and it doesn't leave the irs much room to maneuver.what the ways and means chairman richard neale said about the timing of this demand. >> we followed irs guidelines. which suggest to taxpayers that six years is generally the measurement that they use for advising taxpayers on how long to keep their forms. so we didn't want to have the case perhaps dismissed on a technical glitch. so again i think as i've said to you now, for a long period of time. we've taken a very methodical approach to what will likely be an established court case. >> what do you see in the road ahead on this matter? >> i think he's right. it's certainly going to be an established court case. the trump lawyers are going to fight very hard. they're going to have to make new law. because on the face of it that provision seems like a no-brainer. it's an open-and-shut case, there's no threshold that needs to be established. they can simply request it. so the letter that his lawyer wrote is a grab bag of weak legal argue tomts me. it starts off saying you need a legitim
and it doesn't leave the irs much room to maneuver.what the ways and means chairman richard neale said about the timing of this demand. >> we followed irs guidelines. which suggest to taxpayers that six years is generally the measurement that they use for advising taxpayers on how long to keep their forms. so we didn't want to have the case perhaps dismissed on a technical glitch. so again i think as i've said to you now, for a long period of time. we've taken a very methodical approach...
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it is the obligation of the commissioner of the irs.i don't understand in law the statements being made by the white house, or the sol isidute -- the slis tude of the white house administration and i don't understand that in law at all. >> i understand your point clearly. former treasury secretary larry summers, thank you very much. >> thank you. >>> it is being called the purge. and the president denying he's cleaning house. we have compiled a list of the former administration officials who all told the president no before they got headed for the exits. more on our breaking news also this afternoon. actress lori loughlin is charged in that massive college admission scandal and facing another indictment. this involves money laundering. no matter where you are in life or what your dreams entail, a cfp professional is trained, knowledgeable, and committed to financial planning in your best interest. find your certified financial planner™ professional at letsmakeaplan.org. woman 1: this... woman 2: ...this... man 1: ...this is my body of p
it is the obligation of the commissioner of the irs.i don't understand in law the statements being made by the white house, or the sol isidute -- the slis tude of the white house administration and i don't understand that in law at all. >> i understand your point clearly. former treasury secretary larry summers, thank you very much. >> thank you. >>> it is being called the purge. and the president denying he's cleaning house. we have compiled a list of the former...