How Biden's tax enforcement proposal would actually work

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How Biden's plan to stop the super rich from avoiding taxes would actually work

Wally Adeyemo, Deputy Treasury Secretary, explains to Lawrence O'Donnell what President Biden's tax enforcement plan does to "find the money that the wealthy aren't

paying." Secretary Adeyemo also explains that Biden's plan does not require reporting on individual bank transactions nor audits for those earning less than $400,000.

 

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humanssuck12 It would help if people stopped buying products from the rich.

One of the dumber things y'all will see is when the Trump cult jumps up to defend the super rich from having to pay their share of taxes.

But... the GOP want the rich to get richer and not pay fair taxes. They think it will 'TRICKLE DOWN' to the rest of us. [massive eyeroll]

The Biden plan would give the IRS power to track bank accounts with $600 or more. Preposterous!

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