by Jane Richey | Oct 22, 2013 | Fiscal Responsibility
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 working families. In his...
by Jane Richey | Apr 23, 2013 | Fiscal Responsibility
The Internal Revenue Service (IRS) overpaid between $11.6 billion and $13.6 billion in tax credits designed to help low-income families in fiscal 2012 , the Treasury Department announced in a report released Monday. The overpayments account for 21 percent to 25...