Posted on 10/22/2013 11:51:53 AM PDT by don-o
Treasury investigator says the Internal Revenue Service has paid out more than $110 billion in tax credits over the past decade to people who didn't qualify for them.
The Earned Income Tax Credits were intended for poor working families. In a report released Tuesday, the IRS inspector general said more than one-fifth of all credits paid under the program went to people who didn't qualify.
(Excerpt) Read more at foxnews.com ...
Unexpected.
Damn crooks.
Happened to my 88 year old aunt for $200.
Corruption overlaid with incompetence makes for one mell of a hess. (props to Archie Campbell)
Can you say Reparations?
And yes, the Founding Fathers would have been shooting by now....long ago in fact.
Want to bet it is THEIR FAMILIES, FRIENDS and invited
criminal illegals?
Federal investigators say an apartment complex in Charlotte played a major role in a $5 million tax fraud scheme. Two women, Candida Mayo Figueroa and Cathy Lee Cisneros, were arrested and charged with coordinating hundreds of bogus tax returns with fake names that flooded into a handful of mailboxes.
The IRS was tipped off after the U.S. Postal Service noticed a flood of “suspicious mailings from the U.S. Treasury Department appearing to contain Treasury checks” hitting the same mailboxes, according to court records.
Investigators tied at least 17 tax returns, totaling more than $62,000 in refunds, to a Charlotte apartment Figueroa leased. At another apartment nearby, investigators discovered 153 returns valued at $713,000 in refunds. Another address in the same apartment complex had 236 returns worth $1.1 million in refunds.
The Fed's computer system can't figure it out but the postman can.
Probably illegal aliens - like Obama’s aunt.
The IRS defended its interpretation of the tax code, which states that illegal immigrants who pay no taxes are eligible for the tax credits. Filtering out who is not eligible is the problem.
...A chart in the Treasury Inspector General’s July 2011 report shows a rapid rise in tax refunds that went to ITIN holders, who were four times more likely to request the child tax refund compared with those with Social Security numbers. In five years, those refunds quadrupled. Despite that, the IRS didn’t budge and said it planned to keep paying until Congress tells it to stop.
Much more by following the link including that the state of North Carolina manages to crack down on this stuff, but the Feds proudly pay out to anybody who files a return early and often.
and lets put these idiots in charge of healthcare.... lol
Before Obama, I would have said UnF’nBelievable...now I think it’s the new norm.
FEDGUV INC computer brand is the “Glitch-o-matic” .
The other story said Over 300 Billion, Which is correct?
Since evidently someone knows who received credits that shouldn’t have, the next logical step would be for an enterprising reporter to determine the political contributions of those people and/or organizations.
And if journalism in this country wasn’t dead as a doornail, it might happen.
I would say there’s a snowball’s chance in hell of finding out who got the money,
but I’d bet important body parts on the fact that 90+% of those receiving the money were in a democrat-favored demographic group.
So? So, what difference does it make if no one is going to prosecuted the fraud? If no one is going to be fired from the IRS for not doing their oversight? SO!
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