IRS News and Disputes

This video details how New Jersey-based developer Charles Kushner was arrested and charged with attempting to intimidate witnesses in a separate probe by the US Attorney's Office involving his real estate holdings and federal campaign contribution. Kushner, a major Democratic campaign contributor and political player, was once nominated by Governor McGreevy to head the Authority's board. He was also charged with hiring a prostitute to blackmail two witnesses in a federal investigation where he was a target. He was sentenced to two years in prison, with a release date of August 25, 2006, although he was transferred to a halfway house in Newark. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In the video, it is reported that Kent Hovind has been battling with the IRS for years and refused to pay taxes because he believed that the US income tax is unconstitutional. This led to his arrest and the government's seizure of his Dinosaur Adventure Land. Hovind also claimed that dinosaurs lived alongside humans and that evolution is a false theory. Despite his legal troubles, his supporters have continued to believe in his message and have started a petition to release him from prison. This section reports that Kent Hovind, also known as Dr. Dino, the owner of the now-defunct Dinosaur Adventure Land in Pensacola and an evangelist, was arrested on 58 federal charges, including failing to pay employee taxes and evading bank reporting requirements. Hovind, who has not filed income tax in 28 years, has fought with the IRS for at least 17 years. Hovind's creation science evangelism ministry operated Dinosaur Adventure Land, which featured rides, a museum, and a science center. The museum and science center was billed as a place where dinosaurs and the Bible meet. Hovind's wife, Jo, was convicted of 44 counts involving evading bank reporting requirements and faces up to 225 years in prison. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In the video, it is reported that Kent Hovind has been battling with the IRS for years and refused to pay taxes because he believed that the US income tax is unconstitutional. This led to his arrest and the government's seizure of his Dinosaur Adventure Land. Hovind also claimed that dinosaurs lived alongside humans and that evolution is a false theory. Despite his legal troubles, his supporters have continued to believe in his message and have started a petition to release him from prison. This section reports that Kent Hovind, also known as Dr. Dino, the owner of the now-defunct Dinosaur Adventure Land in Pensacola and an evangelist, was arrested on 58 federal charges, including failing to pay employee taxes and evading bank reporting requirements. Hovind, who has not filed income tax in 28 years, has fought with the IRS for at least 17 years. Hovind's creation science evangelism ministry operated Dinosaur Adventure Land, which featured rides, a museum, and a science center. The museum and science center was billed as a place where dinosaurs and the Bible meet. Hovind's wife, Jo, was convicted of 44 counts involving evading bank reporting requirements and faces up to 225 years in prison. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In the video, it is reported that Kent Hovind has been battling with the IRS for years and refused to pay taxes because he believed that the US income tax is unconstitutional. This led to his arrest and the government's seizure of his Dinosaur Adventure Land. Hovind also claimed that dinosaurs lived alongside humans and that evolution is a false theory. Despite his legal troubles, his supporters have continued to believe in his message and have started a petition to release him from prison. This section reports that Kent Hovind, also known as Dr. Dino, the owner of the now-defunct Dinosaur Adventure Land in Pensacola and an evangelist, was arrested on 58 federal charges, including failing to pay employee taxes and evading bank reporting requirements. Hovind, who has not filed income tax in 28 years, has fought with the IRS for at least 17 years. Hovind's creation science evangelism ministry operated Dinosaur Adventure Land, which featured rides, a museum, and a science center. The museum and science center was billed as a place where dinosaurs and the Bible meet. Hovind's wife, Jo, was convicted of 44 counts involving evading bank reporting requirements and faces up to 225 years in prison. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

This video reveals that Walter Anderson, a telecommunications entrepreneur, was indicted on 12 counts of tax fraud by a Federal grand jury. Anderson is accused of evading $170 million in federal income taxes and obstructing the IRS investigation. He set up offshore shell corporations to hide his assets and hired corporate service companies in the British Virgin Islands to serve as directors so he could not be identified as the owner. Despite earning over $450 million in income from successful business ventures, Anderson never paid the taxes he owed, including $40 million to the District of Columbia and over $250,000 in use taxes for luxury items. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon

Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

This video reveals that Walter Anderson, a telecommunications entrepreneur, was indicted on 12 counts of tax fraud by a Federal grand jury. Anderson is accused of evading $170 million in federal income taxes and obstructing the IRS investigation. He set up offshore shell corporations to hide his assets and hired corporate service companies in the British Virgin Islands to serve as directors so he could not be identified as the owner. Despite earning over $450 million in income from successful business ventures, Anderson never paid the taxes he owed, including $40 million to the District of Columbia and over $250,000 in use taxes for luxury items. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

This video reveals that Walter Anderson, a telecommunications entrepreneur, was indicted on 12 counts of tax fraud by a Federal grand jury. Anderson is accused of evading $170 million in federal income taxes and obstructing the IRS investigation. He set up offshore shell corporations to hide his assets and hired corporate service companies in the British Virgin Islands to serve as directors so he could not be identified as the owner. Despite earning over $450 million in income from successful business ventures, Anderson never paid the taxes he owed, including $40 million to the District of Columbia and over $250,000 in use taxes for luxury items. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

This video reveals that Walter Anderson, a telecommunications entrepreneur, was indicted on 12 counts of tax fraud by a Federal grand jury. Anderson is accused of evading $170 million in federal income taxes and obstructing the IRS investigation. He set up offshore shell corporations to hide his assets and hired corporate service companies in the British Virgin Islands to serve as directors so he could not be identified as the owner. Despite earning over $450 million in income from successful business ventures, Anderson never paid the taxes he owed, including $40 million to the District of Columbia and over $250,000 in use taxes for luxury items. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

The video examines the controversial pardoning of Marc Rich, who fled to Switzerland after being charged with tax evasion and illegal oil deals with Iran. The pardon by then-President Bill Clinton sparked moral outrage and investigations due to speculation that it was influenced by contributions to the Clinton Library and the Democrat National Committee. During an investigation, Denise Rich (Mark's Ex-wife) refused to answer a question about these contributions, citing the protection afforded by the US Constitution. Clinton later regretted the pardon made after a request for clemency from the then-Israeli Prime Minister Barak, among others. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

The video examines the controversial pardoning of Marc Rich, who fled to Switzerland after being charged with tax evasion and illegal oil deals with Iran. The pardon by then-President Bill Clinton sparked moral outrage and investigations due to speculation that it was influenced by contributions to the Clinton Library and the Democrat National Committee. During an investigation, Denise Rich (Mark's Ex-wife) refused to answer a question about these contributions, citing the protection afforded by the US Constitution. Clinton later regretted the pardon made after a request for clemency from the then-Israeli Prime Minister Barak, among others. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

The video examines the controversial pardoning of Marc Rich, who fled to Switzerland after being charged with tax evasion and illegal oil deals with Iran. The pardon by then-President Bill Clinton sparked moral outrage and investigations due to speculation that it was influenced by contributions to the Clinton Library and the Democrat National Committee. During an investigation, Denise Rich (Mark's Ex-wife) refused to answer a question about these contributions, citing the protection afforded by the US Constitution. Clinton later regretted the pardon made after a request for clemency from the then-Israeli Prime Minister Barak, among others. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

The video examines the controversial pardoning of Marc Rich, who fled to Switzerland after being charged with tax evasion and illegal oil deals with Iran. The pardon by then-President Bill Clinton sparked moral outrage and investigations due to speculation that it was influenced by contributions to the Clinton Library and the Democrat National Committee. During an investigation, Denise Rich (Mark's Ex-wife) refused to answer a question about these contributions, citing the protection afforded by the US Constitution. Clinton later regretted the pardon made after a request for clemency from the then-Israeli Prime Minister Barak, among others. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, it is explained how upper-income tax avoidance drives school privatization and defunds public education. Lawmakers in several states are expanding or enacting school voucher tax credits, which allow wealthy individuals and businesses to opt out of paying for public education and redirect their tax dollars toward private and religious instruction. Equity investment firms and other for-profit operations also invest in school privatization efforts. This exploits deficiencies in federal tax law for the self-interest of wealthy families while building enthusiasm for privatizing public education. However, research suggests that voucher programs have not resulted in academic achievement for students attending private schools, and often these students perform worse than comparable students in public schools. The opponents of school choice call this a violation of federal law as taxpayers pay for public school districts and the network of private and religious charter schools that receive district and state funds. Meanwhile, billionaires are leading a coordinated nationwide movement to apply business principles to education using tax loopholes and dark money. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis. Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis. Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis. Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis. Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com

In this video, the interviewer questions Alan Greenspan, the former chairman of the Federal Reserve for 18 years who worked with four presidents, including Bush, Clinton, Bush, and Reagan, about his role in the 2008 financial crisis. The interviewer questions Greenspan's ideology of free competitive markets and how he had the authority to prevent irresponsible lending practices but didn't listen to others who advised him to do so. Greenspan believed that irrational behavior could not be predicted or analyzed. In hindsight, he thinks he made a mistake by presuming that the banks' self-interest was the best way to protect their shareholders during the crisis. Former Federal Reserve Chairman Alan Greenspan admits to his ideology's flaws in the decision-making process, leading to negative economic consequences. He explains that everyone has an ideology necessary to exist, but its accuracy depends on its framework's accuracy in dealing with reality. Greenspan found a flaw in his doctrine, which was dominant for over 40 years, that was not working exceptionally well in retrospect. Despite legally having the authority to enact regulations, he admits to not putting them before the Federal Reserve Board, which did not reflect well on the economy. Thanks for watching! Please Like, Comment, or Subscribe for more videos! This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon. www.reddit.com/r/IRS www.JohnRDundon.com