Posted by taxguru on October 23, 2009
Costly fraud and error reported in home buyers’ tax program
Wow! Who would have suspected that a refundable $8,000 tax credit would be an invitation for un-deserving people to cheat? Of course, the answer is that our imbecile rulers in DC obviously weren’t able to anticipate what anybody with half a brain could see would be an inevitable result of such a program. Common Sense has to be the scarcest commodity in all of DC.
And the response from our rulers to this? The sub-head of this article sums it up:
Lawmakers consider extension.
Typical problem solving by our moronic leaders. When a government program is filled with fraud and corruption, just make the program even bigger and more costly and available for more people to scam.
Is anyone else in favor of a constitutional amendment to change the eligibility requirements for our elected officials to include an IQ above 50? That would wipe out most of the current ruling class right off the bat.
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Tax Guru - Ker$tetter Letter 