The IRS recently announced that they would be using new regulatory tools to help recover some of the money that corporations are hiding are hiding offshore. Their goal is to bring in some of the much-needed tax revenue that corporations have avoided paying for decades. Just as the new plans were announced, Republicans in the House of Representatives hatched a plan to make sure that the IRS would never be able to succeed in their endeavor.
Ring of Fire guest host Farron Cousins and attorney Michael Burg explain the story.