Saturday, March 9, 2013

Government Workers Owe 3.5 Billion In Delinguent Taxes

But what is perhaps more shocking is that the delinquency rate for all Americans, in a country where only half of all people now even pay any taxes, is a whopping 8.2 percent and Treasury Department employees have a delinquency rate of 1.1 percent...

 

The Associated Press reports: "The number of federal workers and retirees who owed delinquent income taxes jumped by nearly 12 percent in 2011, the Internal Revenue Service said Friday."

"Nearly 312,000 federal workers and retirees owed more than $3.5 billion in back taxes as of Sept. 30, 2011, the agency said. The year before, about 279,000 workers and retirees owed $3.4 billion.

"Overall, the 9.8 million workers included in the data had a delinquency rate of 3.2 percent. That's better than the general public. The IRS says the delinquency rate for the general public was 8.2 percent."

The Department of Housing and Urban Development had the highest delinquency rate, at 4.4 percent. The Treasury Department, which includes the IRS, had the lowest, at 1.1 percent.

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Posted By: Chris Carmouche