Friday, October 25, 2013

IRS tax-credit scandal a bad omen for Obamacare | WashingtonExaminer.com

IRS tax-credit scandal a bad omen for Obamacare | WashingtonExaminer.com: "Don't look for it to be done anytime soon. IRS officials told the inspector general that the program was too complicated to administer correctly, and even if it were less complicated, they would not want rigorous enforcement measures to discourage legitimately qualified people from applying for the credit. In the words of the inspector general's report: "The IRS cited the complexity of the Earned Income Tax Credit program was well as the need to balance the reduction in improper payments while still encouraging individuals to use the credit as the two main reasons why reduction targets have not been established.""

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