Tax dodgers meet their match

Make Me Smart

Marketplace

Business, News

4.6 • 5.5K Ratings

🗓️ 7 September 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The IRS and U.S. Treasury Department announced today the recovery of $1.3 billion from high-income tax dodgers since last fall, citing funding from President Joe Biden’s Inflation Reduction Act as the catalyst for increased collection enforcement efforts. And we hear about the a new investigation into airline rewards programs. Plus, we discuss the value of musical-turned-movie remakes during a game of Half Full/Half Empty! And, a little PSA about 401(k)s.

Here’s everything we talked about today:

“Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers” from The Associated Press
“Saturn’s majestic rings will vanish in just six months from now” from Earth.com
“The impending private equity blitz on NFL teams” from “Make Me Smart” newsletter
“Airlines such as American, United, Delta, face DOT investigation over rewards programs” from Fox Business
“Dancing With the Stars reveals cast for season 33: ’90s icons, reality stars, Olympians, and a fake heiress” from Entertainment Weekly
“Say Goodbye to Daily Hotel Room Cleaning” from The New York Times
“Adults are cashing in on lemonade stands” from Marketplace
“Movie musicals — yes, including the ‘Joker’ sequel — you could fall for” from The Washington Post

Kick off your weekend with our “Tunes on Tap” Spotify playlist featuring some of our favorite summer jams! Get the playlist here.

Transcript

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0:00.0	Hi everyone. Here at Marketplace, we know the value of understanding money, but that
0:06.4	knowledge is especially valuable when you're young and planning for the future.
0:11.1	The new season of Financially inclined,ined hosted by Yannelli Espinal is here to help.
0:15.4	Teens and young adults will gain priceless financial knowledge on topics
0:20.0	ranging from building credit to how to outsmart impulsive buying.
0:24.0	Financially inclined is presented in partnership with Green Light, the debit card and money
0:28.9	app for teens. Green Light helps teens learn to earn, save, spend wisely, and invest.
0:35.0	Tune into financially inclined wherever you find your podcasts.
0:40.0	Scrolling frantically, I start.
0:44.0	I start.
0:45.0	Hey everybody, I'm Kai Rizdall.
0:49.0	Welcome back to Make Me Smart.
0:51.0	Where we make today may sense.
0:52.0	It makes sense sense it is Friday
0:53.7	the 6th of September today. Welcome back kai. Thank you, Kimberly. I'm Kimberly
1:01.5	Adam's thing. I know right I'm Kimberly Adams. Thank you everyone for joining us on the
1:07.8	podcast also if you're joining us on the YouTube live stream we appreciate that as well. This is economics on tap. We are going to do what we was doing
1:16.7	a Friday. We'll do some news, play game. We will also check the discord and the chat for drinks.
1:24.4	I will say right up front that if you're a regular listening to this podcast or more importantly
1:28.3	a viewer of the YouTube live stream, you can tell it I am not in my shed.
1:32.1	I am not in my shed because it is 107
1:34.5	degrees on my front porch which means the shed is like 125 easy.
	...

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