Infographic: A History Of Government Tax Scandals In The US
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In May this year, the U.S. Internal Service (IRS) was accused of misusing its audit powers after the agency revealed that it had targeted conservative groups seeking tax-exempt status for closer scrutiny based on their names or political themes.
The controversy subsequently led to both political and public condemnation of the agency, while the Federal Bureau of Investigation began investigating the IRS’s actions as part of a criminal probe ordered by United States Attorney General Eric Holder.
In May this year, the U.S. Internal Service (IRS) was accused of misusing its audit powers after the agency revealed that it had targeted conservative groups seeking tax-exempt status for closer scrutiny based on their names or political themes.
The controversy subsequently led to both political and public condemnation of the agency, while the Federal Bureau of Investigation began investigating the IRS’s actions as part of a criminal probe ordered by United States Attorney General Eric Holder.
This incident however was not the first case where the tax collection system had caused an embarrassment for the U.S. government. Throughout history, there has been a growing list of cases that demonstrated how the government abused its powers by mishandling or misusing taxpayers’ dollars. Check out this infographic, which charts the history of U.S. government tax scandals and uncovers the complexity behind the tax code.
Source: Accounting-Degree.org
