Tax Loopholes – Mitt Romney Identity Theft Bust

“A tax loophole

is “something that benefits the other guy. If it benefits you, it is tax reform.”
— Russell B. Long, U.S. Senator

Mitt Romney released his tax return

Which in turn released a flood of criticism about the difference in tax rates on capital gains versus earned wages.
The majority of working folks AKA the 99% don’t like it that the wealthy get tax breaks that they don’t need whereas lesser fortunate people pay higher tax rates.
This complaint isn’t pro-socialism just about plain old fairness.

Identity theft bust

The IRS and the Justice Department busted 69 people so far out of a targeted 105.
Jail time awaits the people who were involved in identity theft in 23 states.

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One thought on “Tax Loopholes – Mitt Romney Identity Theft Bust

  1. Some people don’t find out until much later. One good way to be sure is to get your ciedrt reports. You are entitled to one free one per year from each agency this is the only place to get it for free without having to sign up for some service:You could also ask the SSA and reporting agencies to put a watch on your Social Security number. How to protect? First step, buy a cross-cut shredder. Use it on any document that has any kind of personal information on it. Never carry your entire checkbook with you. In fact, it’s better not to use them at all, and just use your bank debit card whenever possible. Only use your ciedrt card (not your debit card) when purchasing something online. Make sure that the purchase is on a safe site. Never give anyone your Social Security number unless absolutely necessary; and NEVER give personal information over the phone unless you have initiated the call. Never carry your Social Security card in your wallet. The times when you actually need it are very, very rare. Password protect your online life. Change passwords frequently.

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