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by NovemberWhiskey
2413 days ago
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Why "instead"? The IRS has identified that certain refundable credits (EITC) have a very high error rate (25-30%). As I understand it, it has created a mostly-automated mechanism to identify the filing errors that lead to these issues. Should the IRS not be doing that because it lacks the resources to perform audits which are less subject to automation? Or should it not be doing that because EITC is only paid to lower-income households? Some fraction of the incorrect EITC filings are undoubtedly fraudulent. What, in your view, is the acceptable rate of potential fraud that the IRS should detect, but ignore, based on income level? |
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