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Why Is This Happening? The Chris Hayes Podcast

Can We Tax the Rich? with Jesse Eisinger

Why Is This Happening? The Chris Hayes Podcast

NBCNews

News, Nbcnews, Why Is This Happening?, The Chris Hayes Podcast, Chris Hayes, Politics, Government, Society & Culture, Msnbc, Withpod

4.68.9K Ratings

🗓️ 12 February 2019

⏱️ 58 minutes

🧾️ Download transcript

Summary

**Listen for details on how to win tickets to our live WITHpod recording with Stacey Abrams!** Why is it so hard to raise taxes on the rich? From freshmen firebrands to Presidential hopefuls, taxing the wealthy has become the Congressional conversation du jour of 2019 that has no signs of slowing down. But before even getting into the policy debates and the ideological disputes, there’s one important and fundamental question that has to be answered: Do we have an IRS that has the capacity to do such a thing? ProPublica’s Jesse Eisinger has done stellar reporting to uncover the scandalous hidden story of the ways the Republican Party, corporate interests, and big donors have all succeeded in gutting the IRS of its ability to do the one thing it exists to do: collect taxes to fund the United States government. Email us at [email protected] Tweet using #WITHpod Read more at nbcnews.com/whyisthishappening RELATED READING How the IRS was Gutted The Chickenshit Club by Jesse Eisinger

Transcript

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0:00.0

tax debts expire after 10 years, roughly several hundred million used to expire in 2011 on average,

0:08.5

in years past. Now it's eight billion in the most recent year. Wait a second.

0:14.0

What you're telling me is that eight billion dollars of proper government revenue,

0:18.8

vanish, assessed government taxes, people owed them, they know who it is, and it just

0:25.6

vanished because they can't collect eight billion dollars. Eight billion dollars last year.

0:29.5

It's a lot of money. Yeah. It's real, you know, start a billion here, a billion there.

0:33.7

You could probably build a wall with that.

0:39.5

Hello and welcome to Why is this happening with me, your host, Chris Hayes.

0:44.0

Did I sound a little different? Yes, I do. Because I'm sick. I'm getting over the flu. I'm sorry

0:49.8

that you're going to have to suffer through my horse voice for this intro today. Get your flu shots

0:54.3

everyone. I got mine just for the record. Got them every year. The flu got around my flu

0:58.8

defenses. Also, before I get into the intro for today's show, if my voice can make it, I want to

1:04.2

just tell you that there are some really important information at the end of the conversation,

1:09.1

at the end of the podcast, listen all the way through about Stacey Abrams live with pod in

1:14.7

New York City, including little ticket giveaway action. That's how we do in the audio world.

1:21.0

I am bummed that we can't take live calls. I would literally love nothing more than like a big

1:25.2

call board. Just put people on the air. Like the Frank, can we go over the phrase of pace?

1:34.0

I just, I said Tiffany, I said to Tiffany, can we come up with a phrase of pace? She was like,

1:37.6

the what? It's like, that's like a morning zoo trope. So the hottest club in politics right now,

1:43.6

the hottest spot, the night at the Roxbury place you want to be at is taxing the rich. In

1:51.9

Democratic politics, that is where it is going down, seemingly kind of all at the same time,

1:58.2

you've got a million different proposals for taxing the rich. You've got Alexander Ocasio-Cretez

...

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