• In 2012, according to the left-leaning Daily Kos, “The Internal Revenue Service issued $4 billion in fraudulent tax refunds in 2012 to people using stolen identities, with some of the money going to addresses in Bulgaria, Lithuania and Ireland, according to a Treasury report released in 2013.” Your hard-earned dollars ... off to Bulgaria!
• In 2012, the IRS sent 2,000 tax refunds, totalling $3.3 million, to the same address in Lansing, Mich.
they’re getting better on their redistribution of the wealth
The EITC is a terrible program. First..a lot of people cheat. They work part of the time on the books..up to the limit and then the rest for cash which they don’t report. This happens in our extended family,,never mind the illegals and foreigners that get it. Next, it gives a lump sum large refund to people who already have problems with financial responsibility. Many of them go out and buy a new big screen tv. It shouldn’t be a one shot lump sum.
If the law allowed the IRS to wait until a w2 arrived before the refund was sent..it would eliminate some of the fraud, but Congress won’t allow that..got to have the LIV’S get their checks fast.