Treasury Department deputy inspector general Michael McKenney found that the IRS has failed to comply for two consecutive years with the Improper Payments Elimination Act , which President Obama signed in 2010. The law requires federal agencies to reduce erroneous payments to a rate of less than 10 percent.
The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty. That rate showed a decline compared to the previous nine years, but improper payments over the same period increased about 22 percent, rising to at least $11.6 billion, according to the inspector general’s report.
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One out of five "earned" income refunds were "faulty"? To the tune of $11,000,000,000?! And NO ONE has been arrested, imprisoned, or fired? ONLY in "public service" can an entity LOSE BILLION DOLLARS and still keep their job. I wonder how many executives in the IRS got bonuses, commendations, and/or promotions?
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