Watchdog: U.S. At Risk Of Becoming A Tax Haven

During a hearing Thursday with a House Financial Services Subcommittee, Rebecca Wilkins, senior counsel on federal tax policy at Citizens for Tax Justice, supported a proposed IRS regulation requiring banks to report deposit interest paid to foreign investors as a way to curb tax evasion. Wilkins warned that failing to do so could lead to the U.S. becoming a tax haven. (0:32)

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Expanding The Medicare Tax Will Tax More Than Wages, Says Expert

Robert McIntyre, Director of Citizens for Tax Justice discusses expanding the Medicare Tax and how the tax will not be limited to wages but also unearned income like dividends and interest. (0:20)
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