Washington Post:
IRS halts processing claims for pandemic tax credit tied to fraud
The measure was meant to help hard-hit firms, but the agency warns it is ‘not operating as it was intended’
The "Employee Retention Credit" that came about as a result of the Covid Scamdemic turned out to be the underwater earthquake that caused a massive tsunami of fraudulent claims...wow, go fucking figure, huh? The number of fraudulent claims has caused the IRS to suspend the program. The only reason that there were "hard-hit firms" in the first place was because the goddamned government made them shut their doors....because of the flu season.....mmmmkaaay....
Americans like to believe that we live in a Norman Rockwell United States and our "elected leaders" like to write policy and law as if we are all the residents of Bedford Falls. Personally, I think that they know better and deep down most Americans recognize that there is a "critical mass" of assclowns, frauds, scammers, etc. If you doubt that, just go look at the price of a new car.
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