Who is the IRS targeting now?
Two weeks ago, I wrote a post in which I wondered whether the IRS had targeted American Jews in Israel - who are mostly Orthodox and vote Republican - for allegedly abusing the child care credit (the $1,000 per child refund).For comparison purposes, let's go to the videotape.
Mish's Global Economic Trend Analysis estimates the cost to American taxpayers as $17 billion annually. That includes $4 billion in fraudulent child care payments and $13 billion in fraudulent earned income payments.
But the IRS spends its time going after American Jews - who are American citizens - who happen to live in Israel.
Selective enforcement?
Read the whole thing.
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