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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (711774)4/25/2013 7:24:45 AM
From: Alighieri  Read Replies (1) of 1571278
 
Your government at work. $100B in free money over ten years handed out as gifts to people who don't meet the statutory requirements. The EITC provisions were, in the 80s, the most abused provision of the Internal Revenue Code. So, IRS took it over and said, "Never mind. We'll figure it ourselves, so we can do it correctly." Uh-huh.

"The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty. That rate showed a decline compared to the previous nine years, but improper payments over the same period increased about 22 percent, rising to at least $11.6 billion, according to the inspector general’s report."

Sure...in any large enterprise there is waste and abuse...and the bigger the enterprise, the larger the distributed nature of the enterprise, the more waste and abuse. When I think back at the waste and inefficiency I witnessed during my career at IBM...it's a wonder we made money. But you can't throw away the baby with the bath water...you have to remain professional in these environments and work to improve things rather than bitch incessantly or obstruct or spread cynicism or make extreme comments...you end up becoming a pariah and people stop listening to you....they write you off.

AL
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