December 8, 2024
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7:03Now PlayingBilly Long, now Presidentelect Donald J. Trump’s pick to lead the Internal Revenue Service, has a history of exploiting tax reporting. Jordan Uhl, Sharon Reed and Wosny Lambre discuss on The Young Turks. Your Support is Crucial to the Show
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"When Billy Long, now President-elect Donald J. Trump’s pick to lead the Internal Revenue Service, left Congress in 2023, he quickly set out to make money. Building off the relationships he developed as a Republican from Missouri and auctioneer, Mr. Long began encouraging people to file for a lucrative, pandemic-era tax credit.
At meetings with chapters of Hispanic Chambers of Commerce across the country and at an auctioneering convention in Oklahoma, Mr. Long sometimes wore a hat advertising the Employee Retention Tax Credit as he tried to drum up business. Working with companies that would fill out the paperwork for the tax credit in exchange for a portion of a client’s refund, Mr. Long had success."
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