Alex Jones: Unfortunately, Rand Paul is moving toward the middle
Sign the petition to arrest Marxist collaborator Marco Rubio at mofopolitics.com.
By: mark kaiju
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Alex Jones: Unfortunately, Rand Paul is moving toward the middle - Video
The Secret To Rand Paul #39;s Success
Alex Jones covers the news and breaks down why the mainstream media hates Rand Paul so much. http://www.infowars.com/ron-paul-interview-refutes-washington-posts-secessionist-claim/ Follow...
By: TheAlexJonesChannel
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The Secret To Rand Paul's Success - Video
Why MSM Fears Rand Paul In 2016
Alex Jones covers the news and breaks down why the mainstream media hates Rand Paul so much. http://www.infowars.com/ron-paul-interview-refutes-washington-po...
By: THElNFOWARRlOR
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Why MSM Fears Rand Paul In 2016 - Video
Rand Paul: Obama Acting Petulant and Childish by Refusing to Meet with Netanyahu
"THIS VIDEO IS FAIR USE UNDER U.S. COPYRIGHT LAW BECAUSE IT IS (1) NON-COMMERCIAL, (2) TRANSFORMATIVE IN NATURE, (3) USES NO MORE OF THE ORIGINAL WORK THAN ...
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Rand Paul: Obama Acting Petulant and Childish by Refusing to Meet with Netanyahu - Video
UNITED STATES - JANUARY 27: Sen. Rand Paul, R-Ky., speaks during the news conference to unveil the Fifth Amendment Integrity Restoration Act (FAIR Act), legislation to 'protect the rights of property owners and restore the Fifth Amendment's role in civil forfeiture proceedings' on Tuesday, Jan. 27, 2015. (Photo By Bill Clark/CQ Roll Call) | Bill Clark via Getty Images
The following post first appeared on FactCheck.org.
Sen. Rand Paul falsely claimed that a tax credit program for low-income workers has a fraud rate of 25 percent and costs taxpayers $20 billion to $30 billion. Paul cited a report by the Government Accountability Office, but thats not what the report said.
The earned income tax credit program had an improper payment error rate of 24 percent in fiscal year 2013, according to the latest GAO report. The error rate includes fraud, but also represents mistakes made by taxpayers when filing tax forms and the IRS when processing payments. The GAO blamed the mistakes on the complexity of the tax law. The errors cost taxpayers $14.5 billion which is less than half of the high-end estimate provided by Paul.
Paul, a Kentucky Republican who is considering running for president, joined two other potential GOP presidential candidates at a Jan. 25 forum sponsored by the conservative Freedom Partners Chamber of Commerce. Sens. Marco Rubio of Florida and Ted Cruz of Texas also attended.
The moderator, Jon Karl of ABC News, asked the senators if they agreed with Rep. Paul Ryans proposal to expand the earned income tax credit and pay for the expansion by eliminating other tax breaks. The EITC is a refundable tax credit, which means that low-income taxpayers who have no tax liability can receive a refund. Otherwise, the tax credit is used to reduce a taxpayers liability.
Paul said he opposes Ryans plan and criticized the EITC program for being rife with fraud.
Paul, Jan. 25: When you look at the earned income tax credit, it has about a 25 percent fraud rate. Were looking at $20 billion to $30 billion. And this is from estimates from the GAO [Government Accountability Office], from the government themselves.
Thats not what the GAO said.
Excerpt from:
Rand Paul Exaggerates Tax Credit Fraud