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WSJ Opinion: Potomac Watch

Democrats Want the IRS to Do Your Taxes

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

4.22.8K Ratings

🗓️ 12 April 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

President Biden touts the IRS's new Direct File pilot program in 12 states, after Sen. Elizabeth Warren stuck it into the Inflation Reduction Act. But do Americans trust the agency to get it right? And if the complexity of the tax code is the reason that people turn to expert tax preparers, why isn't the answer just to simplify? Plus, the House passes a reauthorization of the Section 702 surveillance program, as FBI Director Christopher Wray warns about elevated threats to public safety. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:26.4

18 plus until the 14th of April 2024, Tees and sees apply.

0:30.0

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

0:38.0

Tax days almost here, but does the IRS's new direct file program look like a bust as a new poll

0:46.5

shows how much Americans know and don't know about the income tax meantime the House at last passes a bill on Friday to reauthorize the Section 702 surveillance

0:58.3

program.

0:59.3

Welcome, I'm Kyle Peterson with the Wall Street Journal. We are joined today by my colleagues, columnist

1:05.3

Kim Strassal, and editorial board member, Manet Uquay Berua. America's least favorite holiday,

1:11.6

April 15th, the deadline for filing federal income taxes is just around the corner on Monday.

1:18.0

So consider this a friendly reminder to any procrastinators who have not yet finished the job themselves or who might still owe a final

1:25.4

sign off to their tax advisors.

1:28.6

But the IRS's latest promise to the public is that life could be a little bit easier with the IRS

1:34.3

direct file program. This is a pilot program that has been launched for people in 12

1:39.1

states part of an effort put into the Inflation Reduction Act.

1:44.0

And Kim, can you give us up more of a sense of what this program does and how is it going?

1:49.2

Yeah, and just to be clear, the history of this is worth going through.

1:54.1

So as you said, $15 million was inserted into the inflation reduction act by Elizabeth Warren.

2:00.8

She has taken credit for that, so the Progressive Senator from Massachusetts.

...

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