The IRS and U.S. Treasury Department announced today the recovery of $1.3 billion from high-income tax dodgers since last fall, citing funding from President Joe Biden’s Inflation Reduction Act as the catalyst for increased collection enforcement efforts. And we hear about the a new investigation into airline rewards programs. Plus, we discuss the value of musical-turned-movie remakes during a game of Half Full/Half Empty! And, a little PSA about 401(k)s.

Here’s everything we talked about today:

• “Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers” from The Associated Press
• “Saturn’s majestic rings will vanish in just six months from now” from Earth.com
• “The impending private equity blitz on NFL teams” from “Make Me Smart” newsletter
• “Airlines such as American, United, Delta, face DOT investigation over rewards programs” from Fox Business
• “Dancing With the Stars reveals cast for season 33: ’90s icons, reality stars, Olympians, and a fake heiress” from Entertainment Weekly
• “Say Goodbye to Daily Hotel Room Cleaning” from The New York Times
• “Adults are cashing in on lemonade stands” from Marketplace
• “Movie musicals — yes, including the ‘Joker’ sequel — you could fall for” from The Washington Post

Kick off your weekend with our “Tunes on Tap” Spotify playlist featuring some of our favorite summer jams! Get the playlist here.

The Harris campaign is proposing a bump in the capital gains tax that’s well below the rate President Biden had put forward. We’ll get into why remixing Biden’s tax plan scored her some points with corporate supporters. And, we’ll explain the fight between Disney and DirecTV that’s causing channel outages for subscribers. Plus, why Medicaid patients are struggling to access GLP-1 weight loss drugs and what the vibes are in the restaurant industry right now.

Here’s everything we talked about today:

• “Harris Tells the Business Community: I’m Friendlier Than Biden” from The New York Times
• “DirecTV chief content officer on ESPN blackout: Disney is still mandating minimum penetration” from CNBC
• “TV viewers get screwed again as Disney channels are blacked out on DirecTV” from Ars Technica
• “Disney networks go dark on DirecTV amid carriage dispute” from Axios
• “DirecTV is compensating customers affected by the Disney outage. But they have to take action to get it” from CNN
• “Who’s able to get weight loss drugs like Ozempic and Wegovy?” from Marketplace
• “Restaurant industry still struggles with staffing, consultant says” from Marketplace

Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

The artificial intelligence company Anthropic is launching a new product targeted at businesses. It’s a step above the company’s consumer-facing products, like its popular chatbot Claude. We’ll explain what it could mean for human jobs. And, we’ll get into the White House efforts to combat Russian-backed attempts to influence the November presidential election. Plus, we’ll smile about 385 million-year-old fish fossils and an unsung hero who’s made coal mining a safer job.

Here’s everything we talked about today:

• “Amazon-backed Anthropic rolls out Claude AI for big business” from CNBC
• “Biden administration announces major actions to tackle Russian efforts to influence 2024 election” from CNN Politics
• “Opinion | The Canary” (gift link) from The Washington Post
• “Fossils of 385 million-year-old fish found in pavement” from BBC News

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