Tuesday, April 13, 2010

Federal Credit Card Fraud

"A government audit classified nearly half of all purchases on government credit cards as improper, fraudulent or embezzled. Examples of taxpayer-funded purchases include gambling, mortgage payments, liquor, lingerie, iPods, Xboxes, jewelry, Internet dating services and Hawaiian vacations." source

I stopped using a credit card last year and pay cash for my purchases.  Why can't the feds start doing the same?  Because they do not know anything about managing money.

Do you know your share of the tax burden?  Try this calculator and find out - it's shocking!

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