re: #251 albusteve

If there was some “small business” tax credit that had a 50% fraud rate, they’d be trying to legislate it out of existence. Obama and Democrats in Congress want to make changes to the—currently legal—way “S” corporations are taxed. (See the “H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010”. ) Yet a tax _credit_ that has a 50% fraud rate, they’re all fine with. I just don’t get it.