November 12, 2010

IRS Collects and Refunds

[From article]
"THE IRS last year collected individual income taxes of $915 billion from 47 percent of the taxpayers, only to give back one of every three dollars collected ($292 billion) in large part to the other 53 percent of the "taxpayers" through a staggering 101 million "refunds." That's no way to run the government."

http://www.nypost.com/p/news/opinion/opedcolumnists/stimulus_to_fraud_fllIY9KNNm8EG35CtoNMcI

A stimulus to fraud
How the feds' gravy train was robbed
By STEPHEN B. MEISTER
New York Post
Last Updated: 4:23 AM, November 1, 2010
Posted: 10:02 PM, October 31, 2010

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