Turns out some of the money that was supposed to go to first-time homeowners as an economic stimulus ended up going to prison inmates, people under 18 years of age, and folks who weren't even first-time buyers...forty-seven thousand people in all.
The total misused was in the range of $513-Million
USA Today has the story which includes this line:
The total misused was in the range of $513-Million
USA Today has the story which includes this line:
The IRS said it worked hard to enforce a complicated tax credit that provided more than $27 billion to almost 3.9 million taxpayers.....and if there's anyone who knows complicated tax wording.......
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