Question of the Day

Which is greater: campaign spending on the last U.S. presidential election, or annual IRS payments to identity thieves who file fraudulent tax returns?

Correct Answer

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In the 2013 tax filing season, the IRS paid roughly $5.2 billion in tax refunds to identity thieves who had filed fraudulent returns. For the 2012 U.S. presidential election, the candidates, political parties, and independent interest groups spent a combined total of $2.6 billion.

DocumentationTax Refund Fraud Election Spending