Mike Johnson actually said...

What would be incredibly valuable, obviously, to any property owner would be an opportunity to say, Look, sure, there is a bunch of $10,000 ...

It is also a problem at the State and local level because of the equitable sharing process.

I don't think anybody on this panel actually violated the law. Yet the IRS is pursuing them anyway.

The problem is that the law simply does not provide any penalty for the Government if it disregards those deadlines because any penalty that...