Posted on 08/02/2012 8:19:31 PM PDT by TurboZamboni
WASHINGTONThe Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Department investigators said Thursday. They estimate another $21 billion could make its way to ID thieves' pockets over the next five years. The IRS is detecting far fewer fraudulent tax refund claims than actually occur, according to a government audit that warned the widespread problem could undermine public trust in the U.S. tax system. Although the IRS detected about 940,000 fraudulent returns for last year claiming $6.5 billion in refunds, there were potentially another 1.5 million undetected cases of thieves seeking refunds after assuming the identity of a dead person, child or someone else who normally wouldn't file a tax return.
(Excerpt) Read more at twincities.com ...
So does this mean it is being done on purpose by the government?
” The Internal Revenue Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, “
And just exactly what percentage of these thieves are illegal immigrants??
My guess is 50-75%
Yep. :(
Government lets cronies make all these fraudulent companies with a wink and a nod. These companies make donations back to the campaign coffers. You take care of me and I'll take care of you.
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