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Re: Obama's IRS doled out more than $24 billion in potentially bogus refunds 

By: ribit in POPE IV | Recommend this post (1)
Wed, 26 Jul 17 4:31 AM | 48 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 29851 of 47202
(This msg. is a reply to 29827 by Beldin)
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...we is all better off when we spreads da moneys around.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Obama's IRS doled out more than $24 billion in potentially bogus refunds
By: Beldin in POPE IV
Wed, 26 Jul 17 12:12 AM 		Msg. 29827 of 47202

http://www.washingtontimes.com/news/2017/jul/24/irs-doled-out-more-than-24-billion-in-potentially-/

The IRS doled out more than $24 billion in potentially bogus refunds claimed under several controversial tax credits in 2016, according to a new audit that said $118 million was even paid to people who weren't authorized to work in the U.S. in the first place.

Some $16.8 billion in payments were made on improper claims under the Earned Income Tax Credit, signifying a 24 percent error rate. Investigators also estimated $7.2 billion in improper payments for the Additional Child Tax Credit, representing 25 percent of the total, and $1.1 billion in improper payments, or 24 percent, for a higher education tax credit. ...

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