This is the correct perspective. The giant has to be hit with many arrows before he falls. The first was the hearings in the 90's by the newly elected Gingrich majority. This is the second. The third and fourth are not going to take 10 more years to hit. They will all hit this year. The giant will be quite prickly by December.
Actually King's bill is the third hit, if that 2nd Curcuit Appeals Court ruling is correct that the IRS cannot just force someone to reveal their records just by 'requesting' them and instead the IRS has to first go to court to force someone to turn over their records
The appeals court ruling I am talking about took place a couple of days ago.