It seems like every day I read about how government wastes money so I thought I would record them. Since I began this blog, I have been stunned by the amount of waste, fraud, and mismanagement I have found. I recognize that some government is necessary for any society to exist but without the "profit incentive" that we have in private enterprise, government continues to grow like a cancer and along with it the potential for abuse. If you ever needed a reason to limit government, just read some of the following posts.

Saturday, December 22, 2012

IRS Loses $3.9 Billion To Identity Thieves

This year, identity thieves will collect an estimated $3.9 billion in tax refunds on fraudulent returns they will file using stolen Social Security numbers (SSN). The Treasury Inspector General for Tax Administration (TIGTA) released an investigation this year outlining what the Internal Revenue Service (IRS) needs to do more to prevent rampant tax fraud. Over five years, taxpayers could lose more than $20 billion to crooks. These losses are largely preventable with better anti-fraud measures.
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