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Elon's OpenAI Lawsuit, EU's Big Tech Regulation, and Guest Tom Scocca
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IRS Crackdown on Tax Cheats and National Security Concerns on Chinese Cars
The IRS is targeting wealthy tax cheats by sending letters to top earners who decline to file tax returns, potentially uncovering hundreds of millions of dollars in unpaid taxes. The complexity of the tax code favors the rich and encourages aggressive tax behavior among wealthy individuals. With reduced IRS funding, audits on the rich decline, transferring wealth from the poor to the affluent. On a separate note, President Biden aims to block Chinese cars from the American auto market due to national security risks, emphasizing concerns about sensitive information being transmitted to China through the operating systems of these vehicles.
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