Another IRS scandal comes to light
Byron York: There's no doubt congressional investigators have their hands full probing allegations the Internal Revenue Service targeted conservative non-profit groups. But now a different IRS scandal -- involving the chronic, ongoing, mind-bogglingly wasteful mismanagement of a popular tax credit program -- demands Congress's attention because it has taken on new importance with the arrival of Obamacare. The program is the Earned Income Tax Credit, through which the federal government gives out between $60 billion and $70 billion to low-income working Americans each year. It's known as a "refundable" tax credit, but it is basically a transfer payment, in which the IRS sends a check — perhaps even $5,000 every year — to workers who have little or no tax liability. The problem is, the IRS does little to determine whether recipients actually qualify for the money. A recent report by the IRS inspector general says the agency has given out somewhere between $110 bi...