Cracking Crime
04/13/2015 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, Graphsandlaughs, Great public speaking economist, MLS, Multiple listing service, Public speaking economist, bow-tied economist, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, medicare fraud, mortgage banking, politics and economics, www.econ70.com
A dollar of government spending can create more than a dollar of tax revenue! About $60 billion/year of Medicare spending goes for “improper payments.” With a return of over $10 for each dollar spent, Congress should increase the Medicare fraud-busting budget. Similarly, with a return of about $5 for each dollar spent, Congress should increase the IRS audit budget and chip away at the $540 billion in annual unpaid taxes.