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Handel On The Law

(10/28) HOTL Hour 1

Handel On The Law

KFI AM 640

News

4.3879 Ratings

🗓️ 28 October 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

Handel on the Law, Marginal Legal Advice.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Handel on the Law, marginal legal advice, where I tell you you have absolutely no case.

0:07.6

This is not necessarily a legal case, but this is what's going on on the federal government level.

0:14.9

And that is, the IRS is planning to crack down on 1,600 millionaires to collect millions, hundreds of

0:24.9

millions of dollars in back taxes.

0:27.1

Now, the reason I bring this up is the IRS for years have been underfunded.

0:32.7

The number of audits have been dropping, particularly business auditsits and one of the things about the IRS

0:40.0

is it is boy net revenue to the US government now granted it doesn't provide services

0:46.5

it doesn't manufacture it isn't an entitlement program where it helps people with food stamps

0:53.4

or housing or buys military equipment, nothing.

0:57.0

All it does is collect money on behalf of the government.

1:02.0

And whatever it takes to collect money, office space, certainly IRS agents,

1:09.0

examiners, management, on and on and on.

1:13.4

I mean, the point is that the IRS makes money for the government.

1:17.5

And I read that it's a three for one.

1:20.0

For every dollar that's spent on the IRS, they collect $3.

1:25.1

And for years, they have left so much money on the table so now we go into the

1:30.3

realm of politics and I don't quite understand this conservatives don't want to fund the

1:35.7

IRS liberals want to fund the IRS liberals want to fund the IRS.

1:47.0

But here's the difference. Liberals like government involved.

1:49.0

Conservatives don't like government involved.

1:52.0

They want to leave it alone.

1:54.0

And so underfunding the IRS means that government is less and less involved,

...

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