Senator Warren queries Secretary Yellen about online tax filing
Massachusetts Senator Elizabeth Warren tells Treasury Secretary Janet Yellen that a one two punch of Republican budget cuts in lobby from corporations and rich people who did not want to be audited left the IRS stuck with 1970s computers and staffing, that average American spending 13 hours into a 40 dollars a year just a father taxes maybe about half of American taxes could be as easy as looking data for the IRS it already filled out like a W2 or 1099 income online easy peasey but the IRS did not have a kind of easy peace program, instead cutting a deal this and taxpayers the companies like Intuit and H&R Block Yellen replying 4 percent of taxpayers use the free file programs Warren says the companies deliberately sabotage to steer people to products they could charge for, the Federal Trade Commission having sued every bogus advertising love free tax filing software and state Attorney General extracting a 140 million dollar settlement from Intuit for its scams.
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May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Credit:
Editorial #:
1406966572
Collection:
FedNet
Date created:
June 07, 2022
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License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:02:38:12
Location:
Washington, DC, United States
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
sfi060722v
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