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Jul 5, 2015
11:46:17am
ds7
and people don't abuse the earned income tax credit...
all of these programs are rampant with fraud...i'd say 25% or higher...

Report: Massive fraud still rampant in Earned Income Tax Credit program

The Treasury Department has released its latest report on the fight against widespread fraud in the Earned Income Tax Credit program. The problem is, fraud is still winning. And there's not even much of a fight.

"The Internal Revenue Service continues to make little progress in reducing improper payments of Earned Income Tax Credits," a press release from Treasury's inspector general for Tax Administration says. "The IRS estimates that 22 to 26 percent of EITC payments were issued improperly in Fiscal Year 2013. The dollar value of these improper payments was estimated to be between $13.3 billion and $15.6 billion."
http://www.washingtonexaminer.com/report-massive-fraud-still-rampant-in-earned-income-tax-credit-program/article/2548376
ds7
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ds7
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