Red Tape - IRS snafu leaves taxpayers, refunds in limbo for months
"It's perhaps the very definition of Red Tape.
Four years ago, Congress decided that the IRS should get into the banking business, authorizing it to give out no-interest loans to first-time homebuyers.
That put the agency in the position of both collecting loan payments and issuing tax refunds to the roughly 1 million taxpayers who took advantage of the program."
The democrat controlled congress decided IRS agents would make great bankers....right.....
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