Tuesday, May 24, 2011

Tax Delinquents Collected Billions From Obama's Economic Stimulus Plan


WASHINGTON -- Thousands of companies that cashed in on President Obama's economic stimulus package owed the government millions in unpaid taxes, congressional investigators have found.
The Government Accountability Office, in a report being released Tuesday, said at least 3,700 government contractors and nonprofit organizations that received more than $24 billion from the stimulus effort owed $757 million in back taxes as of Sept. 30, 2009, the end of the budget year.


Read more: http://www.foxnews.com/politics/2011/05/23/tax-delinquents-collected-billions-obamas-economic-stimulus-plan-report-shows/#ixzz1NGAL0STS


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