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Dec 21, 2014
12/14
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of course people hate the irs. that's why politicians can slam them, because we don't like them either. at the end of the day, they make the money. every dollar they have in pay leads to $15. it's silly to cut money to the agency that collects money from taxpayers. it's like not pitching toll thing saying you can't fix the meter. you are not bringing the money. yeah, they are overworked. it's not their fault we don't have a flat tax and obamacare was dumped on them. they are doing their job, collecting taxes. it's a small budget. nih. look at the work they have to do and the people they have to go after. >> gary b., don't you want to know who the pr person is? how can they make us hate them more? >> i want to know jonas' relationship with the irs. his dad must have been an irs agent or something like that. i want to go back to the lunacy of this. john mentioned their budget is about $12 billion. by the way, they asked for $14 billion. this short fall is about $250 million. we are talking 2.5%. are you trying to say,
of course people hate the irs. that's why politicians can slam them, because we don't like them either. at the end of the day, they make the money. every dollar they have in pay leads to $15. it's silly to cut money to the agency that collects money from taxpayers. it's like not pitching toll thing saying you can't fix the meter. you are not bringing the money. yeah, they are overworked. it's not their fault we don't have a flat tax and obamacare was dumped on them. they are doing their job,...
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Dec 24, 2014
12/14
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FBC
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, reaching all levels of the irs, multiple offices of the irs. going coast-to-coast, our own offices indicate offices were engaged coast-to-coast. this was a systematic problem. david: you are finding out information about it, thankfully the "wall street journal" and a couple, a small handful of organizations are. are you shocked that more media organizations are not looking into this, that it's not a front page story? >> no, i'm not shocked at this point. this is a story that the media jumped on initially, but when they began to realize the story was complicated, involved many more than just one fall guy and lois lerner, and involved this irs systematically. it began to lose interest. this is a story, if the roles were reversed, a conservative president, involved with liberal groups or conservative government involved with liberal groups, the meade yald be all over. this instead they're trying to treat it like the, quote, unquote phony scandal that the white house termed it. david: stay with us, the house gop report is blaming the obama white hou
, reaching all levels of the irs, multiple offices of the irs. going coast-to-coast, our own offices indicate offices were engaged coast-to-coast. this was a systematic problem. david: you are finding out information about it, thankfully the "wall street journal" and a couple, a small handful of organizations are. are you shocked that more media organizations are not looking into this, that it's not a front page story? >> no, i'm not shocked at this point. this is a story that...
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Dec 4, 2014
12/14
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we have a new irs scandal what in the world would the irs want with 2500 pages tax documents from the's really pathetic, the obama administration is now scrambling to keep it secret by saying they can't disclose the documents due to privacy concerns. so let me get this straight. it isn't private if the white house wants the irs to hand over 2500 pages of personal tax documents and the irs does, but if we want to see if something dirty is going on with these documents at the white house, suddenly, there are privacy concerns. and they don't want to do it it give me a break. that's my off-the-record comment tonight. and straight ahead, the american teacher brutally murdered in the bathroom of abu dahbi mall. just released video of suspect. live in new york city, protesters outraged over grand jury's decision not to indict police officer in the chokehold death of a citizen. a live report on this developing news coming up. test test test test here's some news you may find surprising. we're for an open internet for all. we're for creating more innovation and competition. we're for net neutr
we have a new irs scandal what in the world would the irs want with 2500 pages tax documents from the's really pathetic, the obama administration is now scrambling to keep it secret by saying they can't disclose the documents due to privacy concerns. so let me get this straight. it isn't private if the white house wants the irs to hand over 2500 pages of personal tax documents and the irs does, but if we want to see if something dirty is going on with these documents at the white house,...
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Dec 14, 2014
12/14
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FBC
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your bonus, getting the cushy job in the industry after you leave the irs. you've got to keep in mind that you have to have audits. even under the flat tax, there will be people who will cheat. the only way to catch them is if we audit. >> we don't mind audits, steve. the problem, the irs is blaming the cuts in their budget when they're spending money on investigating conservatives and giving themselves bonuses. >> sure. and the real world, if you have an $11 billion ors 12ds billion, figure how to do it, and in terms of audits a flat tax, do it easily with $1 billion. >> last word from the boss. one in five americans feel buried in debt until they go to the grave. our informants are here to set you free with our debt-free stocks. @? >>> we're back with the stocks to set you debt-free pap packaging company. >> profit margins expand. commodity prices fall. >> investing in tomorrow's roadside litter. >> you like tootsie rolls, why? >> i think the stock goes up soon as the chairman retires. >> you like tootsie rolls. >> chairman will tloiv be 110. >> i still lik
your bonus, getting the cushy job in the industry after you leave the irs. you've got to keep in mind that you have to have audits. even under the flat tax, there will be people who will cheat. the only way to catch them is if we audit. >> we don't mind audits, steve. the problem, the irs is blaming the cuts in their budget when they're spending money on investigating conservatives and giving themselves bonuses. >> sure. and the real world, if you have an $11 billion ors 12ds...
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Dec 14, 2014
12/14
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FBC
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your bonus, getting the cushy job in the industry after you leave the irs. got to keep in mind that you have to have audits. even under the flat tax, there will be people who will cheat. the only way to catch them is if we audit. >> we don't mind audits, steve. the problem, the irs is blaming the cuts in their budget when they're spending money on investigating conservatives and giving themselves bonuses. >> sure. and the real world, if you have an $11 billion ors 12ds billion, figure how to do it, and in terms of audits a flat tax, do it easily with $1 billion. >> last word from the boss. one in five americans feel buried in debt until they go to the grave. our informants are here to set you free with our debt-free stocks. dad, i know i haven't said this often enough, but thank you. thank you mom for protecting my future. thank you for being my hero and my dad. military families are uniquely thankful for many things, the legacy of usaa auto insurance could be one of them. if you're a current or former military member or their family, get an auto insurance q
your bonus, getting the cushy job in the industry after you leave the irs. got to keep in mind that you have to have audits. even under the flat tax, there will be people who will cheat. the only way to catch them is if we audit. >> we don't mind audits, steve. the problem, the irs is blaming the cuts in their budget when they're spending money on investigating conservatives and giving themselves bonuses. >> sure. and the real world, if you have an $11 billion ors 12ds billion,...
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the irs is not answering those questions. why? we're they're caught between what the taxpayers need and what the obama administration wants on record. very complicated obamacare includes this, one of its complicated pieces that if you don't have insurance for, qualified insurance, not insurance that you might like -- gerri: not any old insurance plan. >> obama-approved insurance which is more expensive kind and more limited, if you don't have that for one month, any month during the year, you need to hand out paperwork to the irs, could be a dozen plus pages you have to fill out, explaining why. there is excuses that they will buy and there ones that you won't. cbo, congressional budget office, which bent over backward to say obamacare worked and wouldn't cause any problems, they admit four million americans will eventually have to pay a tax, a penalty a fee, a fine, for not having enough insurance during the year. but 30 million people will have to prove they're not part of the four million. you have to fill out paperwork when yo
the irs is not answering those questions. why? we're they're caught between what the taxpayers need and what the obama administration wants on record. very complicated obamacare includes this, one of its complicated pieces that if you don't have insurance for, qualified insurance, not insurance that you might like -- gerri: not any old insurance plan. >> obama-approved insurance which is more expensive kind and more limited, if you don't have that for one month, any month during the...
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Dec 19, 2014
12/14
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FBC
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is the wrong agency to look into the irs. ctually protecting the agency. >> indeed. and i think, i don't want to sort of sugar coat the targeting of any group. we all know political winds change, we all know administrations change. lou: it's impossible to do, there's no way the irs should have been involved in what it was involved in, that's just bald face front and center, the reality here. i apologize, we're really out of time here. we take note of your good feelings toward the internal reserve service, we understand them and applaud the critical judgment you bring to the agency's failings when they are revealed. thank you so much. >> thank you. lou: robert wood. another sign that jeb bush may want to run for president. former florida governor stepping down from his paid advising position at barclay's. of course, i was told you shouldn't quit a job before have you another. >>> up next, president obama yesterday unilaterally trying to open up cuba to america, and today his spokesman didn't deny opening up the white house to r
is the wrong agency to look into the irs. ctually protecting the agency. >> indeed. and i think, i don't want to sort of sugar coat the targeting of any group. we all know political winds change, we all know administrations change. lou: it's impossible to do, there's no way the irs should have been involved in what it was involved in, that's just bald face front and center, the reality here. i apologize, we're really out of time here. we take note of your good feelings toward the internal...
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Dec 24, 2014
12/14
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he didn't do that. >> no, he overseas it the attorney general overseas the irs. he way the system works. >> the system investigates wrongdoing. >> okay, go ahead let me weigh in with some on both of these. the irs scandal, the one involving the national organization for marriage, for example, tax returns were ill evilly exposed. the department of justice has the authority to investigate and prosecute those who committed those serious felonies under his watch the department of justice not only refused to prosecuted anybody that we know committed federal crimes but he actually refused to give immunity to one of the key witnesses who could have exposed further conduct within the irs. that's just unconscionable. on the fast and furious, look, it is just a patent false claim that he had nothing to do with it until after the fact. organized crime case and it was approved at the highest levels of the department of justice as all of those kind of cases are early in the process. >> i have 10 seconds left. what about targeting a.p. reporters and fox reporters? that's awful.
he didn't do that. >> no, he overseas it the attorney general overseas the irs. he way the system works. >> the system investigates wrongdoing. >> okay, go ahead let me weigh in with some on both of these. the irs scandal, the one involving the national organization for marriage, for example, tax returns were ill evilly exposed. the department of justice has the authority to investigate and prosecute those who committed those serious felonies under his watch the department of...
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Dec 3, 2014
12/14
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the irs accepted the first part of that.d part they say, we think our systems are pretty good. we think some felons are getting refund legitimately and therefore we don't think it's worth going after all of them. >> you know, if you think of coordination, i don't know if these checks are being sent to the prisons or tax returns being sent from the prisons but when i used to write my clients in prison, it's obvious i was sending it to a prison and the mail was checked when it comes into the prison. they don't let knives get sent to prison so they check the mail. are these checks going to their homes, to the prisons, where are they going? >> on the bottom of the 1040 form, you can say, i want it to go directly to this bank account. so what they do is have other people open the bank accounts for them and have the money deposited straight there. the inspector general listed a few of these instances where these are people in jail for tax fraud who are able to get people outside to go ahead and set up these accounts and have the m
the irs accepted the first part of that.d part they say, we think our systems are pretty good. we think some felons are getting refund legitimately and therefore we don't think it's worth going after all of them. >> you know, if you think of coordination, i don't know if these checks are being sent to the prisons or tax returns being sent from the prisons but when i used to write my clients in prison, it's obvious i was sending it to a prison and the mail was checked when it comes into...
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Dec 15, 2014
12/14
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and the irs has all of this data. eed to know that our political views are not going to influence whether they are audited and are not going to be turned over to the executive branch of the government. >> so in the lead-in before i introduced you, robert, the question was raised, could this be evidence finally of some sort of a coverup by the obama administration? and to that you would say what? >> i would say it could be, yes. i want to be careful not to overstress and sort of overreact to. this i find it appalling but i think a lot of us found sort -- and i hope every american, liberal or conservative, found it troubling that the president in february on fox said there is not a smidgen of corruption and so on in the irs scandal, the irs is fine, there's nothing and there have been a lot of statements about liberal groups targeted. we still don't know but absolutely, this should be investigated. >> no document >> and there are renewed calls for a special prosecutor. i know that's politically sensitive i shall a you, a
and the irs has all of this data. eed to know that our political views are not going to influence whether they are audited and are not going to be turned over to the executive branch of the government. >> so in the lead-in before i introduced you, robert, the question was raised, could this be evidence finally of some sort of a coverup by the obama administration? and to that you would say what? >> i would say it could be, yes. i want to be careful not to overstress and sort of...
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Dec 24, 2014
12/14
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the former irs deputy commissioner ultimately decided gimsz dropping the bomb. "wall street journal" jason reilly and the "the washington post" philip bump. thank you for being with me here tonight. i can't get enough of this irs story. it makes me angry but i want to know more. your thoughts? >> that's one of the reasons that this story keeps going. very enticing issue. everyone hates the irs. >> it effects everybody exactly. >> this particular release today darrell issa leading the oversight committee. this is his last hurrah. he has spent the past 18 months trying to find the ultimate fire underneath all the smoke he has been seeing. this is one last smoke bomb where he says here is everything i have got. i'm just not sure that this particular revelation either would have affected 2012. >> why hold it. >> the reaction has been to office skate and to not come clean from the beginning to stonewall. i think the administration has been able to get away with that because much of thed me were just is not paying attention. fox is paying attention. a few other news o
the former irs deputy commissioner ultimately decided gimsz dropping the bomb. "wall street journal" jason reilly and the "the washington post" philip bump. thank you for being with me here tonight. i can't get enough of this irs story. it makes me angry but i want to know more. your thoughts? >> that's one of the reasons that this story keeps going. very enticing issue. everyone hates the irs. >> it effects everybody exactly. >> this particular release...
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Dec 23, 2014
12/14
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and bombshell on the irs targeting group. the investigation by house republicans undercovering scores of documents and revealing evidence of bias and politics in the irs. conservative groups linked it to the the scandal but failed to link it to the white house. mike, why is this coming out now? >> it is the end of the congress and they compiled the report on 1.3 million pages of documents and a june 2012 e-mail from deputy commissioner stephen miller to his chief of staff. he told them about the irs targets of conservative groups. i wonder if i should do the hearing and use it to put a stake in politics in c4? over sight committee staffers note he testified but never revealed what he knew. there is a progress report on the irs targeting. >> it was in fact all the way to the top of the commissioner level that this was allowed to it continue. and i think that gives a good reason for the next kong to continue the investigation until they have looked at all of the documents and put in the reforms to make sure it never happens agai
and bombshell on the irs targeting group. the investigation by house republicans undercovering scores of documents and revealing evidence of bias and politics in the irs. conservative groups linked it to the the scandal but failed to link it to the white house. mike, why is this coming out now? >> it is the end of the congress and they compiled the report on 1.3 million pages of documents and a june 2012 e-mail from deputy commissioner stephen miller to his chief of staff. he told them...
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a very thoughtfully prepared process of getting rid of the irs. at tax on consumption. i think this has real merit. middle-class americans and people who would like to be in the middle class. >> he did not like that idea. it is too easy for government to raise it up. how do you respond. >> the difference is, it is transparent. people do not realize until it is too late. you know exactly what you pay. there is the tax. it is sitting right there for the world to see. you will see a lot of politicians at the next election. that is not the worry i have. >> in the more short-term, do you think it is conceivable that there are enough moderate democrats that after january 1 they will combine more republicans to pass meaningful tax implications. >> i would hope so. we will never get this economy growing again. it is the certainty of a tax policy as well. getting rid of what we now know. the highest corporate tax in the world. france is unapologetically a socialist government. that ought to be a wake-up call for even democrats in the congress. >> governor m
a very thoughtfully prepared process of getting rid of the irs. at tax on consumption. i think this has real merit. middle-class americans and people who would like to be in the middle class. >> he did not like that idea. it is too easy for government to raise it up. how do you respond. >> the difference is, it is transparent. people do not realize until it is too late. you know exactly what you pay. there is the tax. it is sitting right there for the world to see. you will see a...
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Dec 24, 2014
12/14
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a new bombshell in the irs targeting scandal. d it have changed the outcome of the 2012 presidential election? that's next. hey matt, what's up? i'm just looking over the company bills. is that what we pay for internet? yup. dsl is about 90 bucks a month. that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally, i prefer a slow internet. there is something about the sweet meditative glow of a loading website. don't listen to the naysayer. switch to comcast business today and get 50 megabits per second for $89.95. comcast business. built for business. >>> new information about the irs scandal. turns out irs official targeting of conservatives months before the 2012 presidential election. the former irs deputy commissioner ultimately decided gimsz dropping the bomb. the "wall street journal" jason reilly and the "the washington post" philip bump. thank you for being with me here tonight. i can't get enough of this irs story. it makes me angry but i want to know more. your thou
a new bombshell in the irs targeting scandal. d it have changed the outcome of the 2012 presidential election? that's next. hey matt, what's up? i'm just looking over the company bills. is that what we pay for internet? yup. dsl is about 90 bucks a month. that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally, i prefer a slow internet. there is something about the sweet meditative glow of a loading website. don't listen to the naysayer....
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Dec 11, 2014
12/14
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but the irs is taking some steps. have started to digitize these returns and evaluate them using algorithms to look in they are recovering more of the money than they were in the past they say. there's some progress being made but incredible amount of money going out the door. >> we don't know how much is fraud and how much is mistake. >> exactly. in a lot of cases people are confused whether they can claim this credit, which is kind of intended for some poor families with children. so they're claiming as they would dependents. there's a lot of confusion. it's an argument about how complex the tax law is. another big kind of point here is that 60% of these kind of fraudulent cases are instances where people used tax preparers. they went into companies. so there could be room for the irs to crack down on the tax preparing companies. >> the fraud or the mistakes or both? >> we don't don't know if it's intentional or not. >> $6 billion. that's the irs for us. by the way, what's their attitude like? oh, well this, just so
but the irs is taking some steps. have started to digitize these returns and evaluate them using algorithms to look in they are recovering more of the money than they were in the past they say. there's some progress being made but incredible amount of money going out the door. >> we don't know how much is fraud and how much is mistake. >> exactly. in a lot of cases people are confused whether they can claim this credit, which is kind of intended for some poor families with...
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Dec 20, 2014
12/14
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and it's not like the irs doesn't know where he is. either going into the white house, grab him at gate or he's meeting with the ceo of sony. and it's $4.5 million. and now they tell us they don't have enough money to give refunds and they just let somebody people just go. >> there was an audit last year that found the earned income tax credit was being overpaid by the tune of $132 million. so and there are other areas of fraud, too, where tens of millions of dollars that add up to billions of dollars are being returned to people fraudulently, and part of the problem is the irs has not been in compliance in putting the particular controls they need to put on their workers to make sure they're ensuring, they're not overpaying people or giving people money back fraudulently. >> but that's just so unfair. to so many american people who are playing by the rules. that is just so unfair. it is so grossly mismanaged. what you've described is unobscene. the fact people get a pass i don't know. and maybe they're waiting on a down payment for a
and it's not like the irs doesn't know where he is. either going into the white house, grab him at gate or he's meeting with the ceo of sony. and it's $4.5 million. and now they tell us they don't have enough money to give refunds and they just let somebody people just go. >> there was an audit last year that found the earned income tax credit was being overpaid by the tune of $132 million. so and there are other areas of fraud, too, where tens of millions of dollars that add up to...
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Dec 30, 2014
12/14
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the irs is going to go after them. got a pay raise, they are going to look for more money from you and they will ask for that. but not the fine,. heather: how are people going to resmonlds to that general in terms of the irs coming after them. 68% of people we surveyed said they don't trust the irs. they think that was politically motivated. did that translate to it being politically motivated. >> critics of obamacare will perceive this as being politically motivated. there is a lot of deep seized distrust with the irs on the heels of the targeting scandal which had not been resolved. this remains an issue of. there are two other elements of obamacare that will be hugely important. there is the supreme court case which we'll likely hear about in june store july and the businessman date. so this cities one of three big things in obamacare that are coming into effect next year. i think the verdict isn't out totally on the bill because it snt hasn't been fully implemented. nobody has to feel the effects of it right away. t
the irs is going to go after them. got a pay raise, they are going to look for more money from you and they will ask for that. but not the fine,. heather: how are people going to resmonlds to that general in terms of the irs coming after them. 68% of people we surveyed said they don't trust the irs. they think that was politically motivated. did that translate to it being politically motivated. >> critics of obamacare will perceive this as being politically motivated. there is a lot of...
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Dec 23, 2014
12/14
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>> steven miller was the deputy commissioner of the irs. early 2012 he knew of something funky was going on with the targeting of conservative groups. in march 2012 every commissioned an internal investigation to see what was going on. he's scheduled to testify before congress in july of 2012 and he thinks out loud, maybe i should tell them about this targeting of conservative groups and he quickly gets the word back, no, no, no, don't do it. and as we know the irs did not reveal the targeting of conservative groups until 2013 after the election. obviously july 2012 the heat of the presidential campaign -- what if this news comes out then. i'm not saying it would have changed the result, but it would have been and huge controversy. president obama and the democrats running for reelection would have been on the defense. the irs would be have had less time to mount what some are saying is a coverup. bill: the democrats say this report is a way to cherry pick information. what about that argument against republicans? >> we heard that accusatio
>> steven miller was the deputy commissioner of the irs. early 2012 he knew of something funky was going on with the targeting of conservative groups. in march 2012 every commissioned an internal investigation to see what was going on. he's scheduled to testify before congress in july of 2012 and he thinks out loud, maybe i should tell them about this targeting of conservative groups and he quickly gets the word back, no, no, no, don't do it. and as we know the irs did not reveal the...
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Dec 10, 2014
12/14
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bill: the irs give out billions of tax the dallas americans who did not qualify for it.s your money, how does this happen and why. martha: a major storm really one state underwater and a lot more of this to come. we will tell you where you can expect that. >> earlier i had it across the river in front of me. once they are in here, they are in. it can be pretty treacherous sometimes. comfort keepers can provide a variety of in-home services for your aging loved ones. we'll assess their needs and create a custom care plan that can change as their needs change. ♪ female announcer: sleep train's is ending soon!or 3 event! get three years interest-free financing on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. plus, get free delivery, free set-up, and free removal of your old mattress, and sleep train's 100-day low price guarantee. but hurry! sleep train's interest free for 3 event is ending soon. ...guaranteed! ♪ sleep train ♪ your ticket to a better night's sleep ♪ martha: parts of washington state underwater due to a big storm, now it is an even st
bill: the irs give out billions of tax the dallas americans who did not qualify for it.s your money, how does this happen and why. martha: a major storm really one state underwater and a lot more of this to come. we will tell you where you can expect that. >> earlier i had it across the river in front of me. once they are in here, they are in. it can be pretty treacherous sometimes. comfort keepers can provide a variety of in-home services for your aging loved ones. we'll assess their...
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90
Dec 26, 2014
12/14
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CNBC
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it took me a while to convince the irs that it was a problem. ould show tax returns to the victims and say look at the income i had. >> and it worked. hundreds of investors jumped in. >> he is flying potentially investors to a vacation home that he owns in hawaii on a plane that he purchased with fraud proceeds. he was relentless, aggressive, targeted whoever he thought was vulnerable. >> after 12 years it would come crashing down. >> he was getting more and more desperate, trying to get bigger and bigger investors in to cover all of the people that he owed. and he was having trouble making his payments. >> that is when he said one investor tipped off authorities and the jig was up. >> his empire collapsed very quickly. >> we lost $22 million. >> it is amazing that an enterprise that was this lucrative that ran for this long and was this fraudulent was really all in the hands of one man. >> he pleaded guilty to one count wire fraud and was recently sentenced to 20 years in federal lockup. a hearing is scheduled in january to determine the exact a
it took me a while to convince the irs that it was a problem. ould show tax returns to the victims and say look at the income i had. >> and it worked. hundreds of investors jumped in. >> he is flying potentially investors to a vacation home that he owns in hawaii on a plane that he purchased with fraud proceeds. he was relentless, aggressive, targeted whoever he thought was vulnerable. >> after 12 years it would come crashing down. >> he was getting more and more...
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Dec 28, 2014
12/14
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. >>> the irs says it is low on cash. funding bill passed by congress earlier this month slashes nearly $350 million from its budget. the head of the agency says he's looking at ways to cut costs and that it could impact tax season. others say the irs is just fine with the money it has, it just need to be more efficient. which is it? >> reporter: it isn't just about lois lerner so says a new report from house republicans on the irs targeting of conservative groups. the report says there were eight senior leaders who were in a position to prevent or stop the the harassment of conservative groups seeking tax-exempt status. >> it was in fact all the way to the top of the commissioner level that this was allowed to continue. and i think that gives a good reason for the next congress to continue the investigation until they've looked at all the documents and then put in the reforms to make sure this never happens again. >> reporter: tax law specialist hillary go has an e-mail from an agent in 2013 quote i think there may be a n
. >>> the irs says it is low on cash. funding bill passed by congress earlier this month slashes nearly $350 million from its budget. the head of the agency says he's looking at ways to cut costs and that it could impact tax season. others say the irs is just fine with the money it has, it just need to be more efficient. which is it? >> reporter: it isn't just about lois lerner so says a new report from house republicans on the irs targeting of conservative groups. the report...
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Dec 27, 2014
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the irs the warning of major slow downs. what does that mean for our tax refund? >> plus, president obama face agnew battle come january, republicans ready to act on immigration. we'll debate the gop plan fair and balanced next. . ♪ ♪ make the best entertainment part of your holidays. catch all the hottest handpicked titles on the winter watchlist, only with xfinity from comcast. . time for a quick check of other headlines. a boston area school district scrambling to pay back employees. it's believed a human error caused it to withdraw money from workers' bank accounts instead of depositing paychecks. >>> the man known as screech in trouble with the law after dustin diamond in the tv show "saved by the bell" is now charged with stabbing a man christmas day. kodak is set to make a big comeback following its 2012 bankruptcy filing t. company is announcing return to store shelves in the u.s. with a new smartphone next year. >>> the irs is getting slammed again over accusations of political targeting. a congressional report revealing new evidence how deeply it says th
the irs the warning of major slow downs. what does that mean for our tax refund? >> plus, president obama face agnew battle come january, republicans ready to act on immigration. we'll debate the gop plan fair and balanced next. . ♪ ♪ make the best entertainment part of your holidays. catch all the hottest handpicked titles on the winter watchlist, only with xfinity from comcast. . time for a quick check of other headlines. a boston area school district scrambling to pay back...
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Dec 19, 2014
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it also means you're less likely to get person on the phone if you have to call the irs for help. ? >> now, it is time to check your philadelphia job market report, and here's cbs news business analyst, jill schlessinger. >> are you looking for the perfect gift for someone on a job hunt? here are a few ideas that may be helpful. both younger seekers and seasoned workers returning to the job search can benefit from a consultation with a certified resume writer. you can also give the gift of a premium, or advance subscription to job search site. volt. com idea for the career changer. media bistro for those in media, sales, and guru. com for freelance ers. vault. com has more than 35,000 full-time positions in the philadelphia area making it a sound investment. for those focusing on more conservative industries, like business, accounting or finance, an upgrade may be necessary, conversely, to a more casual industry, may need more dress down clothe. a trip to the book store may also be a good idea, you can't go wrong with a bok like walter ice sack son's biography of steve jobs, or sou
it also means you're less likely to get person on the phone if you have to call the irs for help. ? >> now, it is time to check your philadelphia job market report, and here's cbs news business analyst, jill schlessinger. >> are you looking for the perfect gift for someone on a job hunt? here are a few ideas that may be helpful. both younger seekers and seasoned workers returning to the job search can benefit from a consultation with a certified resume writer. you can also give the...
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Dec 19, 2014
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the irs says it will have fewer agents auditing returns and that half the people calling the agency forp won't be able to get through. >>> the maker of mayonnaise dropped the lawsuit. eun lever said it dropped the suit so just mayo can discuss its label with regulatory authorities. hampton creek said the lawsuit actually boosted sales. >>> and finally the online retailer amazon is offering one-hour delivery to its prime customers in manhattan. it's available to customers already enrolled in the delivery service. they'll offer it more. got to get it quick. >> that's not enough time to affect my impulse buy. thanks a lot, wendy. >>> straight ahead, balloon surveillance, the army gets ready to float giant airships to the east coast against missile attacks and the "colbert report" closes a chapter in an emotional send-off by colbert. we'll show you the highlights. is a really big deal.u with aches, fever and chills- there's no such thing as a little flu. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. attack the flu virus at
the irs says it will have fewer agents auditing returns and that half the people calling the agency forp won't be able to get through. >>> the maker of mayonnaise dropped the lawsuit. eun lever said it dropped the suit so just mayo can discuss its label with regulatory authorities. hampton creek said the lawsuit actually boosted sales. >>> and finally the online retailer amazon is offering one-hour delivery to its prime customers in manhattan. it's available to customers...
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Dec 12, 2014
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the republicans are trying to reduce the irs ability to do that. second of all there was the scandal when it was alleged that the irs employees were working against republicans, and they have something against them for that. and now live to this statistic, the irs has lost 13,000- 13,000--$13 million in funding over the course of the last four years, meanwhile it has $7 million more americans to administer to help during tax season. this filing season is expected to be a nightmare. and individual tax payers, you call the irs, you're looking for help. your services are expected to be affected. >> thank you. earlier i spoke with al jazeera america political correspondent michael shure, and i asked him about the significance of this debate about democrats over the spending bill, a and what it might tell us about the soon to be opposition party moving forward. >> this was the first chapter in the rough draft of 2016. it was elizabeth warren coming out significantly in a big way. you saw republicans vote for a bill in the u.s. house which means that goin
the republicans are trying to reduce the irs ability to do that. second of all there was the scandal when it was alleged that the irs employees were working against republicans, and they have something against them for that. and now live to this statistic, the irs has lost 13,000- 13,000--$13 million in funding over the course of the last four years, meanwhile it has $7 million more americans to administer to help during tax season. this filing season is expected to be a nightmare. and...
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Dec 22, 2014
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the irs says you can't do that in the beginning because it is crucial. so we said why do people sign twice in the beginning and in the end, once for the mindset authorization and the other which we don't think is important and they said that would be confusing and of course if you have seen the forms and you know that's not what they need to worry about. then we thought about other ways. for example, what was the first item on the tax form that would ask whether you want to donate some money to a task force to fight corruption. you would think about your own rowdy. but the irs eventually didn't want to do an experiment for obvious reasons. i think it would have been good but there are difficult organizations. they have lots of their own complexities to deal with but we did a spear to. a similar experiment and they send people a letter saying please give us your reading. if you get one of those letters you want to increase the rating because the premium goes up. so the regular form is when they are done with the reading &-and-sign. we gave this close to 1
the irs says you can't do that in the beginning because it is crucial. so we said why do people sign twice in the beginning and in the end, once for the mindset authorization and the other which we don't think is important and they said that would be confusing and of course if you have seen the forms and you know that's not what they need to worry about. then we thought about other ways. for example, what was the first item on the tax form that would ask whether you want to donate some money to...
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the irs says the budget cuts are a tax cuts for tax chiefs.enforce the people who cut corners and break the law will get away with it. not that they encourage it but that's a fact. >> to find ashley and others on fox business network you can log on to foxbusiness.com/channel finder. >>> the american people extremely unhappy with the federal government. when asked what best describes your feelings on how the federal government is working 60 percent said broken. when it comes to congress' approval rating a whopping 80 percent disapprove. and a big off field win for the washington redskins. it claims the name redskins violates broadcast indy seen is he rules. that means they can say redskins without fearing any government fines. they let individual announcers decide if they will use the word. team owner dna snyder said he has no plans to change the controversial names. >> colorado neighbors have had enough. nebraska and oklahoma are suing the saturdtate of colorado for legalizing recreational marijuana. they say since colorado passed the law they
the irs says the budget cuts are a tax cuts for tax chiefs.enforce the people who cut corners and break the law will get away with it. not that they encourage it but that's a fact. >> to find ashley and others on fox business network you can log on to foxbusiness.com/channel finder. >>> the american people extremely unhappy with the federal government. when asked what best describes your feelings on how the federal government is working 60 percent said broken. when it comes to...
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Dec 27, 2014
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so says the report on the irs targeting of conservative group. t leaders who could have stopped the harassment of groups seeking tax exempt status. >> it was in fact all the way to the top of the commissioner level this was allowed to continue. i think that gives a good reason for the next congress to continue the investigation until they have looked at all documents and put in the reforms to make sure this never happens again. >> reporter: an agent was e-mailed in 2013 -- quote, i think there's a number of ways to deny them. let me talk to sharon light tomorrow about it and get some ideas from her as well. this sounds like a bad org. and then from stephen miller to chief of staff, when he considered telling a subcommittee about the irs targeting of conservatives seeking 501 c 4 status. quote, i'm beginning to wonder if i should do the hearing and use it to put a stake in politics. >> i think with the ever-changing story it's obviously he was misleading the ways and means committee. he had information he was considering putting out that would have
so says the report on the irs targeting of conservative group. t leaders who could have stopped the harassment of groups seeking tax exempt status. >> it was in fact all the way to the top of the commissioner level this was allowed to continue. i think that gives a good reason for the next congress to continue the investigation until they have looked at all documents and put in the reforms to make sure this never happens again. >> reporter: an agent was e-mailed in 2013 -- quote, i...
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Dec 19, 2014
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you would not have to pay taxes get rid of the irs. if you go your neighbor's lawn for $10 yes have to send it into 0.8% of that but just with the politics of it the closest we came i told you about jerry brown he came in second and i will tell you we would have taken clinton out in the democratic primary. hakes said three weeks before the new york primary jerry brown announced he would have jesse jackson as a running mate and then it evaporated moments thereafter but jesse though he had the second most number of delegates in 1982 on the flat tax. the democrats. let me tell you with the '86 tax act. with marginal rates is that a big enough cut? just in case we mistake couple people we cut the corporate rate 46 percent down at 34%. do you follow me? we got rid of lot of deductions and exclusions so it was revenue neutral we lower the highest corporate rate it replaced 14 tax brackets 15% and 20%. that's it. the bill passed. can you imagine that today? it was 97 / three. three democrats voted and then just leave me give right now. kennedy
you would not have to pay taxes get rid of the irs. if you go your neighbor's lawn for $10 yes have to send it into 0.8% of that but just with the politics of it the closest we came i told you about jerry brown he came in second and i will tell you we would have taken clinton out in the democratic primary. hakes said three weeks before the new york primary jerry brown announced he would have jesse jackson as a running mate and then it evaporated moments thereafter but jesse though he had the...
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Dec 22, 2014
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you could get rid of the irs you don't even have to report. if you mow your neighbor's neighbor's lawn for ten bucks, yes, you're going to have to send in 12.8 percent, but it would be amazing. on the politics side of it the closest we came was in 1980s. we would have taken clinton out in the primaries. this is a democratic democratic primary. we would have taken him out, except three weeks before the primary jerry brown announced his running mate. but still, just so you know, he had the second most number of delegates on flat tax. tax. the democrats like it. the 86 tax act. we cut the highest marginal income tax rate in america from 50 percent to 28 percent. just in case we missed a couple of people, we cut the corporate rate from 46 to 34 we raised the lowest rates. we got rid of a lot of deductions, exemptions, and exclusions, but that is what we did. we replaced 14 tax brackets, 15% and percent and 28 percent. that is it. can you imagine that today? the vote was 97 to three. three democrats voted against it. i mean,, we have people like ala
you could get rid of the irs you don't even have to report. if you mow your neighbor's neighbor's lawn for ten bucks, yes, you're going to have to send in 12.8 percent, but it would be amazing. on the politics side of it the closest we came was in 1980s. we would have taken clinton out in the primaries. this is a democratic democratic primary. we would have taken him out, except three weeks before the primary jerry brown announced his running mate. but still, just so you know, he had the second...
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Dec 23, 2014
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coming up on the real story, major developments in the irs targeting skanldz. you have to hear this one. the report from house lawmakers just out. shedding new light on agency bias against conservative political groups. then there's this. >> memphis tigers get the best of the we're. >> turning into a bench-clearing helmet slinging slugfest. what led to this disgrace on the gridiron? plus, voice mail a thing of the past? why one fortune a00 company getting rid of it all together. could this be a sign of things to come. how do you feel about that? (vo) watching. waiting. for that moment, where right place meets right time. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours. >> all right. this is a melee, right? team management at brigham sxwrunk the university -- vowing to take action over that huge brawl that broke out a
coming up on the real story, major developments in the irs targeting skanldz. you have to hear this one. the report from house lawmakers just out. shedding new light on agency bias against conservative political groups. then there's this. >> memphis tigers get the best of the we're. >> turning into a bench-clearing helmet slinging slugfest. what led to this disgrace on the gridiron? plus, voice mail a thing of the past? why one fortune a00 company getting rid of it all together....
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Dec 3, 2014
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if you thought the irs could not get worse, boy did you think wrong. find out what the irs did.es, you're going to be enraged into plus, i have something to tell you about the irs politicians andndndndndnd they're still after me. get to the terminal across town. are all the green lights you? no. it's called grid iq. the 4:51 is leaving at 4:51. ♪ they cut the power. it'll fix itself. power's back on. quick thinking traffic lights and self correcting power grids make the world predictable. thrillingly predictable. ♪ ah, ♪ h it. ♪ push it. ♪ p...push it real good! ♪ ♪ ow! ♪ oooh baby baby...baby baby. if you're salt-n-pepa, you tell people to push it. ♪ push it real good. it's what you do. ♪ ah. push it. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. ♪ ah. push it. i'm pushing. i'm pushing it real good! !! >>> this is a fox news alert. a tragic scene on a tennessee highway. two buses collided. three were killed. the buses were taking students home from primary and intermediate schools. no word on what caused the crash. >>> and
if you thought the irs could not get worse, boy did you think wrong. find out what the irs did.es, you're going to be enraged into plus, i have something to tell you about the irs politicians andndndndndnd they're still after me. get to the terminal across town. are all the green lights you? no. it's called grid iq. the 4:51 is leaving at 4:51. ♪ they cut the power. it'll fix itself. power's back on. quick thinking traffic lights and self correcting power grids make the world predictable....
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Dec 16, 2014
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zóz the issue isn't the irs, bit the gt÷issue the issue is governance.of what happens sincec'i indianapolis and what phonemçh calls i've made to each of you. it may be a good idea to put this off until we have too on something. but at some point we have to, i think, make the decision. maybe just people will show 0497 but thew d couple folksw buy-in. if we don't have ledgeaq ieáhp &hc% legislators coming have tallahassee or carson city and say, look what we did, when you appoint dmoed this, this is whu and then it gets adopted and then we have a product that exists.uú >> >> if we make abpñ decision today and you're uneasy with that decision and we good ayear and it turned out that wasn't a fan tastic decisionz change pit. so i don't want to get" down and have our tires spine()xqbÑ let's move on and then if it doesn't work --óñxñd eñemhvlín>! u >> we have -- >> these bylaws may be affirm bade majority of the members. >> it is just an amendment claws in the bylaws.4hbh aÑñ >> and here is something[y else and this representative ktef just a mentioned thisp6#
zóz the issue isn't the irs, bit the gt÷issue the issue is governance.of what happens sincec'i indianapolis and what phonemçh calls i've made to each of you. it may be a good idea to put this off until we have too on something. but at some point we have to, i think, make the decision. maybe just people will show 0497 but thew d couple folksw buy-in. if we don't have ledgeaq ieáhp &hc% legislators coming have tallahassee or carson city and say, look what we did, when you appoint dmoed...
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Dec 23, 2014
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tonight new evidence of just how deeply the irs was involved in political skull duggery. >> it wasn't just about lois learner, so says the new 226-page progress report from house oversight republicans on the irsing at thing of conservative groups. the report says there were eight sr. leaders who were in a position to stop the harassment of conservative groups seeking tax exempt status. >> it was all the way at the top of the executive left -- that's a good reason for the next congress to continue the investigation until they have looked at all the documents and then put in the reforms to make sure it does not happen again. >> an -- i think there may be a number of ways to deny them, let me talk to sharon light tomorrow and get some ideas from her as well. this sounds like a bad organid . conservatives seeking 501c4 stat tis. i am beginning to wonder whether i should do the hearing. >> it was obvious the ways and means committee, he had information that he was considering putting out that would have enlightened the american people before the election and he with held it. >> democrat el
tonight new evidence of just how deeply the irs was involved in political skull duggery. >> it wasn't just about lois learner, so says the new 226-page progress report from house oversight republicans on the irsing at thing of conservative groups. the report says there were eight sr. leaders who were in a position to stop the harassment of conservative groups seeking tax exempt status. >> it was all the way at the top of the executive left -- that's a good reason for the next...
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Dec 24, 2014
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FBC
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the irs will say that's not good either. now, here's the merger thing like you brought up.ng mergers, one is a loser in your portfolio, you sell it and try to buy back the other side that's up, the irs will say, yeah, you can't do that either. you have to wait 30 days before you make any of these moves, gerr sixer. -- gerri. gerri: is uncle sam rial watching? >> great question. people like us, i mean, you should be careful, you should check with your accountant. you don't have to understand this stuff, but you've got to be smart enough to say, hey, if i sell this loser and buy it back, am i going to have an issue. gerri: tracy, thanks for coming on. and finally, if rain drops on roses and whiskers on kittens are your favorite things, well, you're in luck. if it's coffee and bourbon, get ready to pay more. some of our favorite things will cost more next year. the rising popularity of bourbon and whiskey is leading distillers to raise prices because they can. thanks to a drought in brazil, starbucks and other coffee shops are sending java prices through the roof, and the seve
the irs will say that's not good either. now, here's the merger thing like you brought up.ng mergers, one is a loser in your portfolio, you sell it and try to buy back the other side that's up, the irs will say, yeah, you can't do that either. you have to wait 30 days before you make any of these moves, gerr sixer. -- gerri. gerri: is uncle sam rial watching? >> great question. people like us, i mean, you should be careful, you should check with your accountant. you don't have to...
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Dec 30, 2014
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the irs said in previous years they delayed tax filing season. >>> if you don't have health insurance15 will be the first year you face fines under the affordable care act. you'll be required to report to the irs if you had health coverage this past year. the irs will face fines unless you qualify for an exemption. february 15th is the last day to enroll. >>> christmas is over but drivers are still getting a gift at gas stations around the region. according to aaa, gas prices have gone down another 3 to 4 cents this past week. the price of gas has dropped nearly 50% nationwide since june. experts say right now that the supply is simply outweighing demand. here's the local prices in the philadelphia county five area. still paying the most but still at $2.63 a gallon and in south jersey drivers are paying $2.30. >>> 6:16 now. construction could cause some traffic headaches for drivers on route 42 in camden county. crews are refurbishing an overpass near creek road. this is all part of a $900 million project to alleviate congestion. now, as this work is being done. traffic will be detour
the irs said in previous years they delayed tax filing season. >>> if you don't have health insurance15 will be the first year you face fines under the affordable care act. you'll be required to report to the irs if you had health coverage this past year. the irs will face fines unless you qualify for an exemption. february 15th is the last day to enroll. >>> christmas is over but drivers are still getting a gift at gas stations around the region. according to aaa, gas prices...
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Dec 30, 2014
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hong kong's hang seng lost 1%. >>> the irs said tax filers can start filing on january 20th millions file returns during the first weeks of the year so they can get quick refund. that filing date extended more than 50 tax breaks. access to g-mail was blocked. it may be due to the chinese government efforts to limit or ban access. g-mail is popular with chinese to avoid government monitoring. google reports that the e-mail service fell friday and almost zero on saturday with a partial return monday. >>> the new york-based burger place shake shack will be going public. it's hoping to raise up to $100 million. the company plans to use the cash to open more restaurants and renovate its 53 existing stores. >>> and alaska airlines is giving a gift to passengers in january. the airline is waving its $25 first bag fee for one month. to qualify, you must be a member of alaska's mile latch plan. you can join for free online or at the airport before you check your bags lauren. >> jill at the new york stock exchange. thank you so much. >>> straight ahead, your tuesday morning weather. and in spo
hong kong's hang seng lost 1%. >>> the irs said tax filers can start filing on january 20th millions file returns during the first weeks of the year so they can get quick refund. that filing date extended more than 50 tax breaks. access to g-mail was blocked. it may be due to the chinese government efforts to limit or ban access. g-mail is popular with chinese to avoid government monitoring. google reports that the e-mail service fell friday and almost zero on saturday with a partial...
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Dec 4, 2014
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bill: the irs trying to keep a low profile after hundreds of thousands of pages of information to the white house. the treasury inspector general admitting they exist but refusing to hand them over to an irs watchdog group. >> there is potentially confidential tax information going from the irs to the white house? we don't know. and that comes on top of the irs knowing they lost lois lerner's emails and now they found them. bill: dan, welcome to america's newsroom and good morning to you. i read more than 2,000 pages will not go public because of privacy concerns. what do you say? >> this administration is scam belling to keep secrets that reveal the irs broke the law and even the white house may have broken the law by looking at americans' most private information. bill: what do you believe the white house saw on this that was so tender and sensitive? >> i think we can assume it has something to do with the political interests of the president. my organization, cause of action, has had to fight just to get this tran parent -- to get. my organization has received phone calls. we recei
bill: the irs trying to keep a low profile after hundreds of thousands of pages of information to the white house. the treasury inspector general admitting they exist but refusing to hand them over to an irs watchdog group. >> there is potentially confidential tax information going from the irs to the white house? we don't know. and that comes on top of the irs knowing they lost lois lerner's emails and now they found them. bill: dan, welcome to america's newsroom and good morning to you....
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Dec 19, 2014
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you would not have to pay taxes, you can get rid of the irs. if you mow your neighbor's lawn for $10, yes, you have to send them 12.8% of that. but it would be amazing. the closest we came was in 1980's. i told you about jerry brown. he came in second in the race and we would have taken clinton out in the primary. this is a democratic primary, not republican. we would've taken clinton out except three weeks before the new york primary, jerry brown announced he was going to have jesse jackson as his running mate. our political aspirations evaporated thereafter. jerry brown had the second-most number of delegates in the democratic primary in 1992 on the flat tax. the democrats like it. in the 1986 tax idea, we cut the highest marginal income tax rate from 50% down to 28%. in case we missed a couple of people, we cut the corporate rate from 46% to 34%. we raised the lowest rate from 12.5% to 15%. we got rid of a lot of deductions and exemptions and exclusions so it was statically revenue neutral. we lowered the highest rate, lowered the highest cor
you would not have to pay taxes, you can get rid of the irs. if you mow your neighbor's lawn for $10, yes, you have to send them 12.8% of that. but it would be amazing. the closest we came was in 1980's. i told you about jerry brown. he came in second in the race and we would have taken clinton out in the primary. this is a democratic primary, not republican. we would've taken clinton out except three weeks before the new york primary, jerry brown announced he was going to have jesse jackson as...