As Gov't Shutdown Drags On, IRS Continues to Aid the Rich & Corporations While Targeting the Poor
by mail@democracynow.org (Democracy Now!) from Democracy Now! on (#46Z0K)
As 800,000 federal workers remain furloughed or working without pay in the longest government shutdown in U.S. history, we look at how the Trump administration has restarted a division of the Internal Revenue Service to help corporate lenders. The Washington Post reports that an appeal from the mortgage industry has resulted in hundreds of IRS staffers returning to the agency to carry out income verifications for lenders. This process earns the $1.3 trillion mortgage banking industry millions of dollars in fees. We speak with Paul Kiel, a reporter for ProPublica and contributor to the series "Gutting the IRS." His recent piece for the series is titled "Who's More Likely to Be Audited: A Person Making $20,000-or $400,000?"