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Post by japflapper on Oct 20, 2011 12:31:59 GMT -5
And Barry wonders why congress won't give him another stimulus package?
A government investigator says 2.1 million people received a total of $3.2 billion in college tax credits that they weren't entitled to last year. The Internal Revenue Service is contesting the findings. The agency says they're based on a flawed analysis and are vastly overstated. The program in question is the American Opportunity Tax Credit. It was created in President Obama's stimulus law in 2009. The Treasury Department's inspector general for taxes says most of the erroneous payments went for students who the IRS had no proof were in school. Others were ineligible because they didn't attend college long enough or were graduate students, and some were claimed as a spouse or dependent on another taxpayer's return. The report also says 250 prisoners wrongly received $256,000 in the credits.
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Post by Sunshine on Oct 20, 2011 19:15:55 GMT -5
Bush really started some crap when he initiated the stimulus fiasco, didnt he?
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Post by japflapper on Oct 20, 2011 20:57:01 GMT -5
Yep and here's more of the BS.
The Tonopah Solar company in Harry Reid's Nevada is getting a $737 million loan from Obama's DOE.
The project will produce a 110 megawatt power system and employ 45 permanent workers.
That's costing us just $16 million per job.
One of the investment partners in this endeavor is Pacific Corporate Group (PCG).
The PCG executive director is Ron Pelosi who is the brother to Nancy 's husband.
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Post by Sunshine on Oct 21, 2011 8:32:27 GMT -5
its good to be back, LOL
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Post by trapper7 on Oct 27, 2011 16:00:58 GMT -5
General Electric who got all the tax breaks, financial incentives, and paid nothing in taxes thanks to the Obama administration, is moving a large part of their operation out of the country. I wonder if they sent Obama a thank you card for being so stupid....
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Post by japflapper on Oct 28, 2011 8:07:39 GMT -5
Their CEO is one of O's financial guru's now!
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