A $7,000 Gubmint Mistake Made 1,295 Times


I thought government was a well-oiled machine.  Something must be wrong here.

1,295 Prisoners Claimed the First-Time Homebuyer Tax Credit « The Washington Independent:

“The Obama administration homebuyer tax credit program granted $9.1 million to 1,295 prisoners who were incarcerated when they said they purchased their home. Many such discrepancies are identified in a report by the Treasury Department Inspector General for Tax Administration and Internal Revenue Service today.

“In swiftly making the First Time Homebuyer Credit immediately available to more than 2.6 million homebuyers, a very small number of payments were made to prisoners incorrectly, which the IRS is now taking all steps to recapture and to prevent going forward,” the IRS said. “The IRS will follow up on every instance of an improper prisoner payment and take swift and appropriate enforcement actions.” It has also promised to go after and recoup any other losses from fraudulent claims on the effective, if easy-to-game, program.

Other issues in the full report: 2,555 taxpayers received $17.6 million for homes purchased prior to the dates allowed by law; 241 prisoners claimed the credit while serving life sentences. (None of the prisoners cited in the report were filing joint returns either, by the way.) In one case, 67 taxpayers claimed the credit on the same home. All in all, more than 10,000 filed for the credit on homes used by other taxpayers to claim the credit. And, 34 IRS employees claimed the credit despite already owning homes — in addition to the 53 IRS employees publicly censured for doing the same last summer.”

An article on CNBC said this:

Nearly 1,300 prison inmates wrongly received more than $9 million in tax credits for homebuyers despite being locked up when they claimed they bought a home, a government investigator reported Wednesday.

The investigator said 241 of the inmates were serving life sentences.

 In all, more than 14,100 taxpayers wrongly received at least $26.7 million in tax credits that were meant to boost the nation’s slumping housing markets, said the report by J. Russell George, the Treasury Department’s inspector general for tax administration.

Some taxpayers received the credit for homes purchased before the tax break was started. In other cases, multiple taxpayers improperly used the same home to claim multiple credits. Investigators found one home that was used by 67 taxpayers to claim credits.

“This is very troubling,” George said. “Congress created and modified the homebuyer credit to stimulate the economy and help taxpayers achieve the American dream, not to line the pockets of wrongdoers.”

I say “Go after these cheaters and put’em in jail!”  Oops..they are ALREADY THERE you bunch of NUMB SKULL bureaucrats!  53 + 34 IRS Agents CHEATED TOO!  The fox is in charge of the hen house!

Guess the prisoners took time off from their exercise rooms and TV lounges  to VISIT the COMPUTER LAB to fill out forms to STEAL our tax payer money from a bunch of government IDIOTS …I guess planning for their freakin’ RETIREMENT. 

Yeah.  I think this bunch of gooberheads ought to run Health Scare.


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