Right Hooks

Wrongful Redistribution

"Earned" Income Tax Credit.

May 16, 2014

The Treasury Inspector General for Tax Administration reports that the IRS is still making billions in “improper payments” related to the Earned Income Tax Credit – to the tune of $13- to $15 billion in 2013. This waste and abuse has been happening for years, despite a few GOP attempts to stop it. Democrats want their voters to get cash from Uncle Sugar, and they even blocked a Republican attempt to redirect the EITC mis-payments to fully fund veterans’ benefits. Not to worry; the IRS says it takes tax fraud “very seriously” and is “exploring a wide range of options to distinguish valid claims from excessive ones.” We’ll bet if the payments were going to Tea Partiers they’d stop tomorrow.

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