Quote:
Originally Posted by petegz28
It's a scary overreach. Yellen says there's a lot of tax cheating going on. I suggest they start monitoring the accounts of Congress first along with one Hunter Biden. But we are getting into politics here and it's not the place.
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I'd agree. But let's not go there.
From a practical perspective, a giant amount of fraud comes from refundable tax credits. Which, largely affect the poor.
IMO, renovate the welfare system, and get it out of the tax code. That will cut down on a ****ton of the fraud.