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>Or, better yet, just give it to everyone and pay for it by The IRS doesn't author tax policy. Congress is over there --->
by NovemberWhiskey 4y ago
>Or, better yet, just give it to everyone and pay for it by
The IRS doesn't author tax policy. Congress is over there --->
- cortesoft 4y agoSure, but as the article states, the IRS is already ignoring entire categories of tax fraud that is illegal under the law. This means the clearly have discretion over what to pursue. They could choose not to pursue EITC fraud at all.
- NovemberWhiskey 4y agoWould it be rational to audit (say) one additional millionaire rather than correcting objectively massive fraud/error rates in the EITC? I would say not. Then the question remains is what the break-even point is. Neither you nor I know the internal numbers here so it's impossible to discuss whether the current policy is reasonable or not.