Prisoners are receiving $8,000 tax credits for fraudulent home purchases
We all know that the $8,000 handout for “first time home buyers” has a 50% fraud rate (npr.org)
Today CBS news reported that over a thousand of these handouts were paid to people who are incarcerated!
See story: cbsnews.com
An interesting footnote: 87 IRS employees were caught taking this tax break fraudulently! “Investigators also found 87 IRS employees who may have improperly claimed the credit, though the review was ongoing….”