Saturday, May 16, 2009
GREETINGS FROM BOTSWANA
I have not posted in awhile because I am currently in Africa. I left Zambia this morning and crossed the Zambezi River by a powered skiff this morning and are now in Botswana for the next week or so.n There is some internet connectivity at the place where I am staying but, the connection is slow so I am not sure haw many posts I will be able to do while here.
Tuesday, May 05, 2009
Hey Obama here's an onshore tax loophole you can plug!
While it may be commendable that President Obama is going after the offshore tax loopholes. Even though it may cripple some silicon valley firms. Well I guess after the banking industry and the car makers what other industries are there left to cripple? Meanwhile, the Obama administration has ignored tax programs like the Earned Income Tax Credit program right here in the U.S. that has a fraud rate approaching 30%.
Here is the money (literally billions) quote from a Treasury Department audit report on another program that tells that illegal immigrants are gaming the system and also picking up child tax credit money from U.S. taxpayers. Again billions of dollars worth of fraud!:
Outrageous! But, to get the full story that is not hidden in the bureaucratic speak of the Treasury audit report. You should read this analysis by Edwin S. Rubenstein called The Earned Income Tax Creditand Illegal Immigration
A Study in Fraud, Abuse, and Liberal Activism. Here are some of the money quotes from it:
"But enthusiasm for the credit has blinded policy makers to its problems. The EITC program is dominated by fraud. Year after year about one-third of all EITC returns are based on illegal multiple returns, phony Social Security numbers, or claims of non-existent children or spouses. A disproportionate share of illegal alien households receive the benefit.
President Obama’s stimulus program includes tax cuts for low-income workers. The purpose, of course, is to put money back into taxpayers’ hands so they will spend it and boost the economy. But thanks to the EITC, much of the “tax relief” will go to people who have never paid a cent of tax—and may have already defrauded the government of huge sums each year.
As you know, the improper payments made in the Earned Income Tax Credit make up the second largest portion of government-wide improper payments for fiscal year 2005, estimating $9.6 to $11.4 billion dollars paid improperly.In fiscal year 2004, EITC had an improper payment rate of 25 percent. For fiscal year 2005, it was 28 percent and this is on the low side, because it’s just an estimate."
On the low side because this is "just an estimate"? How does that make you feel my fellow U.S. taxpayers! File these reports of illegals reaping refunds of U.S. tax dollars in the Hola suckers file.
Here is the money (literally billions) quote from a Treasury Department audit report on another program that tells that illegal immigrants are gaming the system and also picking up child tax credit money from U.S. taxpayers. Again billions of dollars worth of fraud!:
Outrageous! But, to get the full story that is not hidden in the bureaucratic speak of the Treasury audit report. You should read this analysis by Edwin S. Rubenstein called The Earned Income Tax Creditand Illegal Immigration
A Study in Fraud, Abuse, and Liberal Activism. Here are some of the money quotes from it:
"But enthusiasm for the credit has blinded policy makers to its problems. The EITC program is dominated by fraud. Year after year about one-third of all EITC returns are based on illegal multiple returns, phony Social Security numbers, or claims of non-existent children or spouses. A disproportionate share of illegal alien households receive the benefit.
President Obama’s stimulus program includes tax cuts for low-income workers. The purpose, of course, is to put money back into taxpayers’ hands so they will spend it and boost the economy. But thanks to the EITC, much of the “tax relief” will go to people who have never paid a cent of tax—and may have already defrauded the government of huge sums each year.
As you know, the improper payments made in the Earned Income Tax Credit make up the second largest portion of government-wide improper payments for fiscal year 2005, estimating $9.6 to $11.4 billion dollars paid improperly.In fiscal year 2004, EITC had an improper payment rate of 25 percent. For fiscal year 2005, it was 28 percent and this is on the low side, because it’s just an estimate."
On the low side because this is "just an estimate"? How does that make you feel my fellow U.S. taxpayers! File these reports of illegals reaping refunds of U.S. tax dollars in the Hola suckers file.
Saturday, May 02, 2009
GET OUT THE VOTER FRAUD IN OHIO
Daniel Hausman, Amy Little, and Yolanda Hippensteele may soon be checking into the Greybar Hotel after pleading guilty to voter fraud in Ohio during last years Presidential election.
It seems these three along with others were engaged in a "get out the vote" campaign and voted in Ohio even though they had no intention of staying there. Which is against Ohio election laws. Were they just stupid? I don't think so. I mean if you are part of a "get out the vote" organization you would think that they might just know the election laws. Well, the courts have decided that no they were not stupid with the guilty verdict. As the judge said: "rescinding your request is like giving back the money once you've been caught."
As usual most of the mainstream corporate media ignored this story but, some intrepid reporters at Palestra.net dug deep and got the facts and went where others in the media dared not go. There may be hope for journalism if some of these college reporters get jobs in newsrooms and bureaus. They did the reporting that the other "news organizations" should have done. You can see some of the reporting of these young intrepid reporters on the voter fraud issue in Ohio here.
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