Let's talk about IRS confusion and a story....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 4 June 2023
⏱️ 5 minutes
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Summary
Let's talk about IRS confusion and a story....
Transcript
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| 0:00.0 | Well, howdy there internet people, let's bow again. |
| 0:03.0 | So today we're going to talk about the IRS cuts in the debt ceiling bill. |
| 0:08.0 | And we're going to talk about the different numbers that are getting thrown out, because there's a little bit of |
| 0:14.4 | confusion here. I got a message that basically said, hey you said 2 billion |
| 0:19.5 | this politician said 12 billion this reporting says 20 billion, so I looked in the bill and I can only find 1.3 billion. |
| 0:29.0 | What's the right number? |
| 0:31.0 | They're all right, depending on how you figure it |
| 0:34.0 | they're all correct depending on how you figure it |
| 0:38.0 | okay before we get into this I want to tell you a story because it's going to illustrate something. Stick with me. Years and years ago, a |
| 0:46.7 | friend of mine called me and he's like, hey, I started my security company. I got this job. it includes doing this and I have no idea how to do it. |
| 0:55.6 | Will you come up here and show me how to do this? No, absolutely not because I don't like doing it, please. |
| 1:03.4 | So I go up there and I do it and I show him how to do it. |
| 1:08.8 | And he gives me like 300 bucks just to like cover my gas or whatever. |
| 1:14.0 | It's important to understand that this is probably a $4,000 job. |
| 1:20.0 | This is a guy I've known a long time. |
| 1:23.0 | So I go back home, don't think anything of it. |
| 1:27.0 | More than a year goes by, and I get a call. |
| 1:30.0 | And it's from this company that I've never heard of, but they are convinced that I once worked for them through a subcontractor. |
| 1:39.0 | And they want me to do a four or five thousand dollar job for like three hundred bucks. |
| 1:47.0 | No, no. |
| 1:49.0 | New boss, new deal. |
| 1:52.0 | Okay. Okay. So, what is actually in the legislation? I'm going to read it. |
... |
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