H.R. 1169 is once again gaining attention as budget proposals for 2004 make their way through Congress. According to a story released today by the Associated Press, the Internal Revenue Service says it doesn’t have the resources to collect billions in back taxes. The agency is pressing Congress to pass a bill to allow private tax collecting agencies to do the job. The story has been picked up by a large number of national and local TV and newspaper outlets.
Last year, the Bush administration, in cooperation with the IRS, included a proposal in the 2004 budget that would give the IRS authority to hire private debt collectors to aid in recovering some $20 billion in unpaid taxes. The proposal reads as follows:
View this content by subscribing
Please register to unlock this content
I already have an account. Log in