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620 Million?! Holy Incompetence, Batman!
Certainly not unprecedented, the IRS has doled out $620 million to ineligible filers.
This is based on claims for the First Time Buyer tax credit. Some people who got the credit had not even bought a house yet.....some people who got the credit were not "first-time" buyers......and some people who got the tax credit were 4 years old. Oh....and the First Time Home Buyer tax credit expires on Nov. 30, 2009, yet congress is currently working to extend it........WTF? Fraud found in home-buyer tax-credit claims TaxWatch - MarketWatch Quote:
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![]() The world could use more Stan Ovshinsky's |
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Re: 620 Million?! Holy Incompetence, Batman!
govt is not good at avoiding fraud and everyone knows it.
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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing. Jesus loves you, allah wants you dead "Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others." Ayn Rand |
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Re: 620 Million?! Holy Incompetence, Batman!
And we are looking at them running Health Care?
Joy to the world... Joy to the world
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Government Should Fear the People That Voted Them In!! New Government=one that the President likes a GOP idea but then the Staff puts that Idea in a very DEEP HOLE. Read HR143 get enlightment. The Revolution Will not be Televised |
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Re: 620 Million?! Holy Incompetence, Batman!
Quote:
exactly.
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose." |
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Re: 620 Million?! Holy Incompetence, Batman!
Quote:
BTW even a four year old can be a tax payer if he inherited a fortune. And, if his legal representatives buy a house for him out of his inheritance, he would IMO be eligible as a first time buyer.
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"There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved." - Ludwig von Mises |
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Re: 620 Million?! Holy Incompetence, Batman!
Anyone else take quick glance and see incontinence?
Would work just as well.
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January 21, 2013: The End of an ERROR. "Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters." "When the people find that they can vote themselves money, that will herald the end of the republic." "The Constitution only gives people the right to pursue happiness. You have to catch it yourself." ---Benjamin Franklin |
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