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The difference between taxes owed and taxes actually paid, or “tax gap” amounts to $600 billion annually. The Biden administration plans to mitigate the problem by requiring banks to send more information to the IRS, including very meager accounts. The move would extend the reach of the IRS, but will it address the loopholes that keep the super-rich from paying their fair share? Christy Ai, co-host of “Boom Bust” joins John Huddy (in for Rick Sanchez) to share her insights. (03:52)
Attorney Michael Sussman has been indicted for failing to reveal his connections to the 2016 Clinton campaign to FBI agents in the course of the investigation of alleged collusion between the Trump campaign and perfidious Russia. Ed Martin of Phyllis Schlafly Eagles weighs in. He says that it reveals the undermining of the Trump presidency by “Russiagate” narratives amounts to abusing the force of government in service of a “political hit job.”(09:07)
Charges are being prepared against Boeing’s chief technical pilot for lying to FAA safety regulators. It is unclear whether he lied wittingly, but he is being held to account for the failures of MCAS, the plane system that malfunctioned to cause two deadly crashes. Former National Transportation Safety Board official Jamie Finch shares his analysis.(14:10)
RT America’s Natasha Sweatte reports on the intensifying border crisis. (19: 56) Plus, RT America’s Steve Christakos updates us on the world of sports. (22:18)
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