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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20211015 02:25:00

if there are large discrepancies between the income people and businesses report and what they have in the bank. the measure would affect more than 100 million households and millions of businesses. the rest of the article is dedicated to criticisms of the proposal that varied from ignorant to profoundly ignorant. and at no point in the article did the new york times explain to me what the proposal actually is. what the new york times did quote, a 39-year-old woman they found in los angeles who works in the advertising business and hates the idea. quote, i wouldn t allow my husband or my parents to monitor my bank account activity, she said, in an e-mail. there s no way i would be okay with the government monitoring it. there is no reason to believe that the woman who said that knows more about this proposal than i did when i was reading her quote. having spent some years myself working in tax policy in the

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20211015 05:25:00

income people and businesses report and what they have in the bank. the measure would affect more than 100 million households. and millions of businesses. the rest of the article is dedicated to criticisms of the proposal, the varied from ignorance to profoundly ignorance. and at no point, in the article, did the new york times explain to me, what the proposal actually is. what the new york times did, quote a 39 year old woman, they found in los angeles, who works in the advertising business and hate the idea. quote, i wouldn t allow my husband or my parents to monitor my bank account activity she said in an, email there s no way i would be okay with the government doing monitoring it. there s no reason to believe that the woman who said, that knows more about this proposal than i did, when i was reading her quote. having spent some years myself, working in tax policy in the federal government, i thought,

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Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20211005 18:19:00

government to monitor and control how people may spend their money. if anybody thinks that creating jobs is adds another 80,000 plus irs agents to track every transaction you make over $600, that s in this bill. what does that have to do with building back better or infrastructure or even equity? we re hearing from more than politicians. we ve heard from the banking lobby who is concerned this could have a big impact on privacy and their desire to do business with banks if they feel uncle sam is snooping around. people are curious about this. you got a lot of attention. thanks, mark. so you heard it here. if you have a bank account with a few hundred dollars in it, do you want people do you want the irs monitoring your bank account activity? you have to ask yourself. does that make folks looking nervous with big brother in your

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