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IRS powerless to stop tax scam costing billions each year
Fox News ^ | May 19, 2016 | Pete Kasperowicz

Posted on 05/20/2016 2:31:59 PM PDT by T Ruth

The Inspector General for the IRS said Thursday that the tax collection agency continues to be at risk of paying out billions of dollars in fraudulent Earned Income Tax Credit payments each year, and that there's nothing the IRS can do about it.

The Treasury Inspector General for Tax Administration released a report that said almost 25 percent of EITC payments issued last year should not have been issued. That amounts to $15.6 billion in payments under a program that's meant to boost low and moderate-income people and families.

(Excerpt) Read more at foxnews.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: eic; helicoptermoney; irs; irsoutofcontrol; irsscandals; taxes; taxscams
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Congress?

If 25% of the payouts are fraudulent, the only reasonable action is to repeal the EIC.

1 posted on 05/20/2016 2:31:59 PM PDT by T Ruth
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To: T Ruth

IRS powerless to stop this scam? What a lie. Its an income redistribution scheme.


2 posted on 05/20/2016 2:33:51 PM PDT by dennisw (The strong take from the weak, but the smart take from the strong)
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To: T Ruth

The IRS itself is a tax-scam.


3 posted on 05/20/2016 2:34:30 PM PDT by ROCKLOBSTER (Trump: A Bull in a RINO closet.)
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To: T Ruth

That would be too easy! The pervert-in-chief wouldn’t sign it.


4 posted on 05/20/2016 2:34:38 PM PDT by notaliberal (St. Michael the Archangel, defend us in battle,)
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To: T Ruth

I bet if it came out of the IRS salaries they’d find a way to stop int in weeks, if not days.


5 posted on 05/20/2016 2:36:04 PM PDT by null and void ("when authority began inspiring contempt, it had stopped being authority" ~ H. Beam Piper)
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To: T Ruth

Then fire the sob and shut down the IRS until it can be audited. Fire ALL extraneous personnel and rip the phone lines out and sell all the furniture and computers.

The IRS is an agency full of corruption and evil!


6 posted on 05/20/2016 2:38:11 PM PDT by HomerBohn
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To: T Ruth

Powerless.................Liars. Redistribution of wealth.


7 posted on 05/20/2016 2:38:21 PM PDT by ColdOne (poochie... Tasha 2000~3/14/11 HillaryForPrison2016)
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To: T Ruth

No resources to stop a multi billion dollar scam. Yet the IRS seemed to have plenty of resources to audit conservative groups.


8 posted on 05/20/2016 2:39:29 PM PDT by Flick Lives (One should not attend even the end of the world without a good breakfast. -- Heinlein)
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To: T Ruth

But by God if you put the wrong miles driven they will find you and prosecute you.

Nothing more government and more money can’t fix.


9 posted on 05/20/2016 2:42:45 PM PDT by Organic Panic
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To: null and void
I bet if it came out of the IRS salaries they’d find a way to stop int in weeks, if not days.

Just tell all IRS critters they are docked 1% of their salaries until a way is figured out how to stop this scam. Those greedy lazy critters will have this problem fixed within days or weeks. All because they are being "robbed" of 1% of their salaries. They care when they get robbed but could care less when the American people are getting robbed via the EITC

The Treasury Inspector General for Tax Administration released a report that said almost 25 percent of EITC payments issued last year should not have been issued.
Meaning more like 35-40% are fraudulent and are going to illegal aliens and legal immigrants from Mexico etc

10 posted on 05/20/2016 2:43:05 PM PDT by dennisw (The strong take from the weak, but the smart take from the strong)
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To: T Ruth; All
"IRS powerless to stop tax scam
costing billions each year...."


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11 posted on 05/20/2016 2:43:36 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: T Ruth

BS. They want your personal information before they will stop it.


12 posted on 05/20/2016 2:43:44 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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just a fancy on-going democratic party voter drive.....


13 posted on 05/20/2016 2:47:11 PM PDT by raygunfan
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To: T Ruth

More vote buying.


14 posted on 05/20/2016 2:48:42 PM PDT by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees.)
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To: dennisw
Its an income redistribution scheme.

It's a reparations scheme. Just another facet of the overall Obama smash-and-grab looting that started with Pigford.

15 posted on 05/20/2016 2:56:41 PM PDT by Paine in the Neck ( Socialism consumes EVERYTHING!)
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To: T Ruth

powerless? bull

HHS already knows which children are in need. Terminate the program as part of the IRS. To obtain the credit, fill out a separate application to submit to state level HHS, which will include each child’s social security number, name of school (in America) the child attends, letter from school/HeadStart program attesting the child is has been reviewed for and is eligible for free lunch programs, (alternately, letter from pastor for homeschooled children), physical address of each child and each child’s parent(s) as well as the parent/caretaker’s social security number.

Problem solved.


16 posted on 05/20/2016 2:57:55 PM PDT by blueplum (March 11, 2016 - the day the First Amendment died?)
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To: T Ruth

Take the fraudulent payments out of the retirement funds set aside for IRS employees.


17 posted on 05/20/2016 3:06:24 PM PDT by Darteaus94025 (Can't have a Liberal without a Lie)
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To: T Ruth; notaliberal
"If 25% of the payouts are fraudulent, the only reasonable action is to repeal the EIC."

"That would be too easy! The pervert-in-chief wouldn’t sign it."

It’s good to see patriots pointing the finger at corrupt Congress.

Note that not only have the states never delegated to the feds, expressly via the Constitution, the specific power to make vote-winning laws to redistribute wealth, Congress arguably redistributing state revenues that it stole with unconstitutional federal taxes, but even though Congress has the constitutional authority to override an Obama veto of a bill to repeal this law (1.7.2), I don’t see corrupt Congress doing so.

“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.

Remember in November !

When patriots elect Trump, they also need to elect a new, state sovereignty-respecting Congress that will not only work within its constitutional Article I, Section 8-limited powers to support Trump’s vision for America, but also put a stop to unconstitutional federal taxes as evidence by redistribution of stolen state revenues.

Note the such a Congress will also probably be willing to fire state sovereignty-ignoring activist justices.

18 posted on 05/20/2016 3:10:30 PM PDT by Amendment10
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To: T Ruth

Trump will stop the scam


19 posted on 05/20/2016 3:14:06 PM PDT by ncpatriot
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To: T Ruth

“the IRS doesn’t have the resources to police the fraudulent payments.”

Too busy undermining conservative 501 c 3’s.

I’d ask the idiot:

Q - Remind us how much is lost to this fraud?
A - $15.6 Billion
Q - And why can’t you stop it?
A - The IRS doesn’t have the resources to police the fraudulent payments.
Q - Remind us how much is lost to this fraud?

Rinse & Repeat until the embarrassment sets in.


20 posted on 05/20/2016 3:18:26 PM PDT by G Larry (ILLEGAL IMMIGRANTS impose SLAVE WAGES on LEGAL Immigrants.)
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