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Democrats AND Republicans UNITE To Screw You Over

The Young Turks Follow
  • Video description
  • 3 years ago
  • 16,767 views
  • 472 likes
  • 403 comments
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Democrats and Republicans can work together… to sell out their voters. John Iadarola and Ana Kasparian, hosts of The Young Turks, break it down.

Read more here:
https://www.propublica.org/article/congress-is-about-to-ban-the-government-from-offering-free-online-tax-filing-thank-turbotax

"Just in time for Tax Day, the for-profit tax preparation industry is about to realize one of its long-sought goals. Congressional Democrats and Republicans are moving to permanently bar the IRS from creating a free electronic tax filing system.

Last week, the House Ways and Means Committee, led by Rep. Richard Neal, D-Mass., passed the Taxpayer First Act, a wide-ranging bill making several administrative changes to the IRS that is sponsored by Reps. John Lewis, D-Ga., and Mike Kelly, R-Pa.

In one of its provisions, the bill makes it illegal for the IRS to create its own online system of tax filing. Companies like Intuit, the maker of TurboTax, and H&R Block have lobbied for years to block the IRS from creating such a system. If the tax agency created its own program, which would be similar to programs other developed countries have, it would threaten the industry’s profits."

Hosts: John Iadarola, Ana Kasparian

Cast: John Iadarola, Ana Kasparian

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