Penny Wise, Pound Foolish: The IRS Is Wasting Your Money

Believe it or not, the IRS loses $37 million each year on private debt collectors paid to dun citizens for tax debt.
Appallingly, these aren’t even the very wealthy tax scofflaws being hunted by the expensive collection agencies:
After years of lobbying by the private collection industry, the Republican-controlled Congress created the program in 2004. The goal [...]

Debt Collectors Are Doing Just Fine, Thanks… How About You?

I don’t know about you, but when I read something like this, the irony is too thick to permit genuine laughter.

ALERT: Foreclosure Help Tabled - But It’s Not Too Late

The following email press release just came across my desk. I’m printing it in its entirety because I think it’s important everyone hears about this, without delay or commentary from me:

p>Washington, DC - More than 15 national organizations (listed below) issued the following joint statement in response to the Foreclosure Prevention Act and its failure [...]