Steve Rothman: “About $300 billion is owed to the American taxpayers by those income earners who refuse to pay their taxes. They admit…”

“About $300 billion is owed to the American taxpayers by those income earners who refuse to pay their taxes. They admit they owe the money, but they refuse to pay. That is about $300 billion. That is the problem. Now, what is the solution to the problem? Well, the Republicans here say, let's privatize this, give it to private people, private companies who will make a profit on collecting these tax moneys, and they will collect about $4 for every $1 we spend on them. They will collect $4. The other solution is to hire more IRS agents, and for every $1 we invest in them, we will get $20. Not the $4 that goes to the private debt collectors that they produce, but $20. We will collect five times more. So why would we give away the taxpayers' money by letting private debt collectors collect our debts, just so we can collect five times less?”