Poor taxpayers who have filed their federal income tax returns before April 15, 2020, are eagerly waiting for their tax refund to cover ordinary expenses, such as food, rent and property taxes.
Their participation in financial stimulus is also dependent on the processing of their 2020 Federal Tax Returns. The Federal Government is really hurting its most vulnerable citizens, including children, during the 2020 Christmas Season. Is the Internal Revenue Service aware of this despicable affair?
The refunds contrast sharply with corporate financial incentives executives used in financial engineering to buyback outstanding shares of corporate stock.
The Internal Revenue Service (IRS) knows a beggar’s vote weighs the same as an executive’s vote in congressional and presidential elections.