IRS Not Real Good Managing Money

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IRS Not Real Good Managing Money

Posted on April 15th, 2008 by vicezilla

Since 2006, private tax collectors hired by the IRS have been paid $86 million to collect unpaid taxes. How much have they recovered so far? $49 million! Yes, that’s right the same wing of the government that cleans out your bank account every year, is taking that money and giving it away to it’s contracted collectors, with getting absolutely nothing to show for it!

Typical government BS. Spend $86 million to recoup $49 million. There has to be a cheaper way to collect these unpaid taxes without breaking the bank? But as Keith explains, its not so important of how much the collectors recoup, but rather who gets to do the recouping.

Technorati Tags: IRS, Tax Collection, Keith Olbermann, Countdown