Daily Archives: October 22, 2013

IRS Pays Out $220B in Improper Tax Credits

The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn’t qualify for them, according to a Treasury report released Tuesday. The Earned Income Tax Credits were intended for poor … Continue reading

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Surprise, Surprise Democrats Want to Raise Taxes

Congressional Democrats want Republicans to sign off on $50 billion worth of tax increases to eliminate the sequester’s automatic spending cuts. The next phase of these cuts will take effect Jan. 15, when government funding will drop from $986 billion … Continue reading

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