Explaining "Gross Tax Mismanagement: 'Complexity'"
Townhall.com provides a great "cut" from today's House Appropriations Committee hearing on the Internal Revenue Service. Here is how Townhall describes the 3 min + 19 seconds clip:
"It was revealed during the House Appropriations Committee hearing on Monday that the IRS over-payed tax credit refunds by 20%. Congressmen pointed out that the overpayment totaled to more than the IRS' total budget. Acting IRS Commissioner Danny Werfel explained that a major component of the gross mismanagement is the "complexity of the code and the complexity of the eligibility criteria."
For more news on today's hearings:
- Washington Free Beacon reports there are "many questions, few answers at committee hearing as "IRS employees not willing to say who ordered targeting" and "acting commissioner does not know how many applications" still delayed.
- Florida's news channel WPTV.com.
- At Real Clear Politics, Al Fram writes that IRS woes will "grow with report of conference spending." For example, at one conference a speaker received $17,000 for speaking about "leadership through art."
- Washington Post has 46 second video posted of IRS commissioner saying additional budget funding is not solution to IRS's problem, but then in another video, Rep. Serrano (D-New York) urges commission to "clarify his statement."