Comments :: Investigators: Child tax credit allows fraudsters a chance to cheat

Investigators: Child tax credit allows fraudsters a chance to cheat

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bill0, you do understand the difference between "fraud" and "completely legal", don't you?

storchheim
October 26, 2012 5:53 p.m.

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IRONY - Today I received a letter from the IRS questioning claiming my college age daughter as a dependent. I paid all of her support, she made minimal income, and did NOT claim herself on her own 2011 tax returns.

It's good to know the IRS is so on top of things.......

(I imagine it won't be long until NC Dept of Revenue sends me a "me too" letter which will also require a written response.)

FE

FE
October 26, 2012 4:52 p.m.

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Exactly right Mollers!

Weetie
October 26, 2012 4:48 p.m.

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"And that excuses the illegals and fraudsters somehow?"

Thanks for not reading my post. If you did, you would notice the first paragraph outlining how to punish them.

The fact remains that the lobbyist who are taking 8 times more money are the BIG problem. What is more scandalous is that their actions are perfectly legal because they have bought off the politicians to make it that way. Even worse, we have a presidential candidate promising to make those investment earnings completely untaxed.

bill0
October 26, 2012 4:46 p.m.

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Why in the devil are we accepting tax returns from ILLEGAL aliens? Why isn't our government using those tax returns to ferret them out, charge them with being here illegally, making them serve their time for that crime, and then driving them to the nearest border and handing them over to the authorities in Mexico, even if they weren't from Mexico to begin with?

Instead, we seem to welcome them with open arms even though they've showed disrespect for our country by ignoring its laws.

What kind of sense does that make???

NONE!!!

Iak Hsehpen
October 26, 2012 3:53 p.m.

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Get rid of the Child Tax credits altogether. No one should be compensated for having children. Either you can afford them or not.

Mollers
October 26, 2012 3:42 p.m.

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Thank you goverment for support these wonder dead beats the suck the life out of the hard working amercians that pay taxes , I hope you go after these wonderful people

pat7
October 26, 2012 3:21 p.m.

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Now the IRS was warned about this 10 years ago. And nothing in BIG government was done about it. What do you think it is going to be like if Obama care goes in to effect. These numbers will be nothing compared to what it is going to be like with the givernment running health care.

lumberman
October 26, 2012 3:01 p.m.

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First - I have no sympathy for tax cheats and think they should be prosecuted. If they are here illegally and running these type of schemes, they should be deported and banned for life from reentering the US.

However, lets look at the scale. This fraud is costing $5 billion per year. Compare that to the cost of the completely legal tax dodge of taxing earnings from investments at lower rates than earnings from actually working. That is $38 billion dollars this year. So basically, a handful of powerful lobbyist are cheating our country 8 times more than every illegal and "fraudster" combined.

bill0
October 26, 2012 2:47 p.m.

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But if you happen to accidentally underwithhold just a little bit and owe the IRS you better pay it back right away or they will quickly slap a lien on your house and not hesitate to freeze your bank accounts. What is wrong with this picture?????

gingerlynn
October 26, 2012 2:36 p.m.

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