The MeidasTouch Podcast - GOP Demand FREE SERVICES be Cut on DAY 1 EXPOSED…

Episode Date: December 12, 2024

MeidasTouch host Ben Meiselas reports on the plan by Republicans to cut free tax filing with the IRS and how Republicans have drastically increased the debt when Trump was previously in power. Lumen: Thanks to Lumen! Go to https://lumen.me/meidas and use promo code MEIDAS at checkout to get 15% off your Lumen! Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane  Learn more about your ad choices. Visit megaphone.fm/adchoices

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without even leaving the kiddie pool. Whatever groceries your summer calls for, Instacart has you covered. Download the Instacart app and enjoy $0 delivery fees on your first three orders. Service fees, exclusions, and terms apply. Instacart, groceries that over-deliver. I want to share with you another item that MAGA Republicans are targeting for Donald Trump to cut and get rid of on day one. It is direct filing with the IRS. Yep, the IRS's new free tax filing service, otherwise known as Direct File, MAGA Republicans say should be eliminated right away. Why? Because it helps people. It's free. And the MAGA Republicans have been lobbied by industry tax consultants who say that this is

hurting their business. I want to read for you a letter sent by 27 Republicans to Donald Trump. This is something that Trump will likely do and his new IRS commissioner, MAGA Republican Billy Long will do. But I want to show you, it's important that we discuss this in detail so you understand exactly what's going on here. So here's the news. MAGA Republicans Adrian Smith and Chuck Edwards wrote Trump a letter today urging him to terminate the IRS's new free tax filing service, otherwise known as Direct File on day one through an executive order. It's co-signed by 27 House Republicans. Democratic Congress member Don Boyer says,

Direct File is a clear success story of making government better. The IRS made a free, easy-to-use way to file taxes directly. People who use it love it. But wealthy corporate donors are losing money, so Republicans are trying to kill the program and make filing taxes harder for the rest of us, not the billionaires who can have their fancy accountants. Elizabeth Warren previously wrote, Shocker, the CEO of Intuit, the owner of TurboTax, doesn't want you to know that they're lobbying to make your life harder. So much so that they asked a podcast to delete part of his interview. Give me a break. Whether he likes it or not, the IRS is, or at that point in October was a corporate public relations firm for TurboTax berated a journalist for asking a tough but fair question about the company's lobbying against another example of where Democrats have worked to make government work for we, the people.

Whereas Democrats are focusing on what can be delivered for the rest of us, the MAGA Republicans are saying that's what needs to be targeted. I've done lots of other videos, of course, on MAGA Republicans attacking Social Security, attacking Medicare, attacking veterans benefits, right? That's the first thing that MAGA Republicans do when they get into power. The first thing Trump wants to do when he gets in power is attack vulnerable people, attack their services that they've paid into and attack services that help them while giving tax cuts to billionaires who then inflate their net worth by hundreds of billions of dollars,

quite literally hundreds of billions of dollars. Let's take a look at this letter. This is from Adrian Smith and the MAGA Republicans to Donald Trump. Dear Trump, we write to urge you to take immediate action, including but not limited to a day one executive order to end the Internal Revenue Services unauthorized and wasteful direct file pilot program. The program's creation and ongoing expansion pose a threat to taxpayers' freedom from government overreach and its rollout and structural flaws have already come at a steep price. Pause there. I wanted to read you this letter so you see the language that they use. Free filing for people is a threat and attack of government overreach. I just want you to see how these

spoiled, entitled, oligarchical proxies behave and the language they use to screw us, to screw you. Let's take a look at it. As you know, during the last tax year, the IRS rolled out its direct file pilot program in 12 states through which taxpayers file their taxes directly to the IRS instead of through trusted accountants or reputable third-party preparation service. The IRS itself asserts itself as the tax assessor, collector, preparer, and enforcer all in one when the program is used. They use this just rhetorical threats and fear mongering. Oh, the IRS now itself is acting as the preparer and the enforcer. It's just a free online system to make government work. Why are they doing this? The MAGA Republicans want to destroy the IRS. They want to gut the resources because they don't want wealthy people to be audited. They want to reduce the

taxes and the wealthy people get away with everything. That's what they're trying to do here. They want to destroy the IRS, destroy people's confidence in the IRS, get people pissed off at it because under President Biden, the priorities have been to focus on stopping billionaire and decamillionaire tax cheats. It goes on to say, this is deeply concerning and a clear conflict of interest. The IRS has little incentive to ensure hardworking Americans do not pay more than they owe in taxes and may instead benefit from families and small businesses paying greater amounts than they are required by law. Furthermore, it is highly inappropriate for the IRS to serve as a tax preparer for taxpayers while also being the final enforcer of tax violations. And then it goes on to say, under the Biden administration,

the IRS has undertaken an aggressive expansion of its influence of the IRS, fueled by the exorbitant $80 billion provided by the Inflation Reduction Act, in which it has repeatedly overstepped its authority and targeted hardworking Americans with an increasing number of audits. You see what they're doing there? They're using hardworking Americans and using that as a proxy for what's really happening. No one's being targeted. It's trying to ensure that billionaires

pay their fair share. So MAGA Republic, I can go on and read the letter, but you understand. MAGA Republicans are totally cool with a billionaire's net worth going up 10, 15, 100 times and having people worth 10 billion now be worth 100 billion, then 300 billion, and then so on.

That's cool, but including enforcement mechanisms so that our government can be adequately funded. Oh, the MAGA Republicans use all of this language. Look at all these signatures here. You see how they are behaving. I just want to show you right here. This is Daniel Werfel. He's the IRS commissioner now appointed by President Biden. I want to show you the contrast here. He's the IRS commissioner now appointed by President Biden. I want to show you the contrast here. Here's the video he made when he rolled out this free filing system. By the way, this guy went to my high school, apparently.

I didn't realize the background on Danny Werfel. But he's like, look, we're giving people. This is going to help people. You're not going to have to pay these expensive, exorbitant costs. We're giving you the tools for free. Here, play this clip. Hi, I'm danny werfel i'm the irs commissioner now the entire irs team is really excited because for the first time ever 19 million taxpayers across 12 states can file their taxes online for free direct with the irs through new IRS direct file program. Direct file is

available in English. It's available in Spanish. It's free. It's also simple, accurate, and secure. The direct file program will walk you through filing your return step-by-step, making sure that you get the credits, the deductions, and the refunds that you're entitled to. Now if you need to take a break, you can securely sign back on to Direct File and finish your taxes anytime before the April deadline. And there's more. We have customer service reps standing by to help on text. So we have a live text feature. So if you're on DirectFile and you have any questions as you're walking through your taxes, just text a live assister

right there and we'll give you real-time help with the new DirectFile tool. So to learn more, to see if you're eligible, be a part of our pilot in the first year, go to irs.gov. You'll see the link to DirectFile or you can search direct file on any search engine. And let me close by thanking all taxpayers for doing their civic duty and filing your taxes each year. And that's what MAGA Republicans attack. By the way, IRS commissioner Werfel's term expires in about three years, 2027. But Donald Trump is going to try to fire him.

Werfel says, I'm not leaving. Trump's going to try to fire him and bring in MAGA Republican Congress member, Billy Long. Lumen is the world's first handheld metabolic coach. It's a device that measures your metabolism through your breath. Then on the app, it lets you know if you're burning fat

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Congress member from 2011 to 2023. He's a certified tax business advisor. DM me to save 40% on your taxes. Oh, wait a minute. Is Billy Long someone who runs a company that helps people prepare their taxes who is actually hurt by a free tax filing system? Maybe that's the conflict of interest right there. Maybe that's the conflict of interest. By the way, this is a video when Billy Long went into Congress. This is his whole shtick. One of the things that Billy Long did, in addition to you can DM him, apparently he believes he'll save you 40% on your taxes if you DM him. How embarrassing. That's the guy they put as the guy advertising services like that on Twitter or X. How are you freaking humiliating?

Here he is in 2011. His shtick is he was an auctioneer. He ran an auction house. And so we'd always be like $1, $2, $3, $4, $5, $5. This is him right here, Billy Long, in 2011, doing that with the national debt. Play this clip. We are one of the few people that can actually keep up with the national debt. I'm going to tell you, now three, now four, $4 trillion, $5, $6, $7, $8, $9.2 trillion. $2 trillion. And now $3. You're able to buy them. $3 trillion. And now $4. $4 trillion.

$5. $5 trillion. $6 trillion. $6 trillion. $7. You're able to buy them. $7 trillion. $8.

$8 trillion. $9. $9. $10. $10. $10. $10. $11.

$11. $11 trillion. I'm here. $12. $12. $13. You're able to buy them. You're out of here.

$13 trillion. $14. $14 trillion. Now $15. I have sold at $14 trillion. Thankfully, Mr. Speaker, we also can say those numbers backwards. So we get the spending under control here. I'll be back.

Okay, Billy Long. And okay, all of you MAGA debt hawks. It's just so fascinating that you talk about things like that when it benefits you. But when Donald Trump adds $8 trillion to our national debt, more than anybody before, a third of all of our debt right now in our country comes from Donald Trump. Tax cuts he couldn't pay for, recklessly printing money, the PPP program, where, by the way, they forgave the loans to their rich friends, those loans were forgiven. Not student debt loans, but PPP loans to all of the Republican members of Congress who took out millions of dollars and all of Trump's friends and cronies who got millions in PPP. That debt, of course that could be forgiven. You're rich, you get your debt forgiven. When it comes to regular people, you don't get your debt forgiven. Just be clear what's happening here. I want you to direct your anger at the right places,

not the wrong places, because they're going to distract you with their culture wars. Blame the trans people. Blame the migrants. Blame the communists and the Marxists. Deep state cabal sorrows. No. Be clear where this is coming from. Trump added over $8 trillion in debt.

I don't hear him going, $8, $8, $2, $2, $5, $1, $8, $8, $8, $8, $8, $8,. On the low end, Trump will add $1.65 trillion to our national debt. Why do I think that he'll add more than the high projection or prediction? I think Trump will probably add about, what's your guess? $20 trillion in debt? $25 trillion in debt? Do you think you'll hear a peep from MAGAs? You think they'll be sending letters about the threats and attacks and all of that? By the way, just take a chart. Take a look at this chart here where Trump added more debt than anybody before him. Let me just leave this here with you. This is President Biden speaking February 5th, 2022, about what his vision of a fair tax code is. And to be clear, this is why all of the corporate media, which is owned by billionaires, attacked

Biden because Biden was saying, look, I want a tax plan that taxes the rich fairly, that they get taxed fairly, and that everybody else is also taxed fairly, but billionaires can't escape their taxes. Listen to this. Play this clip. We're still going to work on gas prices. We're still going to work on the food prices. But in the meantime, we can deliver that peace of mind in America.

We're going to give them a little breathing room. And by the way, proposals that I have out there, nobody earning less than $400,000 a year would pay a single additional penny in taxes. Not a single penny. And a lot of companies I've spoken to are willing to pay a little more in their corporate taxes and their personal taxes to see that happen. You've heard me say it a hundred times. You got 55 companies in the Fortune 500 companies that paid zero tax the last couple years and they made over 400 billion dollars. Look, we can do this without increasing the deficit. Actually we've reduced the deficit over 300 billion. And 17 Nobel laureates in economics

came to me several months ago to say that this plan would not only not raise inflation, it would ease long-term inflationary pressures. Well, there you have it, folks. Let me know what you think. I thought it was important there that I read you the letter, not just describe it,

because I want you to hear the language that these MAGas are using. Thanks for watching. Let's get to 4 million subscribers. Appreciate you. Love this video? Make sure you stay up to date on the latest breaking news and all things Midas by signing up to the Midas Touch newsletter at MidasTouch.com slash newsletter.