Professor John Plecnik was quoted in Tax Notes twice during March 2016, once in an article which was published on March 11 and the second time in an article published on March 17. Professor Plecnik’s quotes are available below:
WAYS AND MEANS BILLS TARGET TAX CREDIT FRAUD, ACA OVERPAYMENTS, March 11:
The proposed change in H.R. 4722 may not be the most effective approach to stopping fraud, according to John T. Plecnik of Cleveland State University’s Cleveland-Marshall College of Law, who said the approach is only “a half measure.”
“The earned income tax credit already requires a valid Social Security number, and its error rate remains unacceptably high and the subject of great controversy,” Plecnik told Tax Analysts. “In response, Congress and the IRS have created new tax penalties, increased the severity of those penalties, and applied those penalties more frequently.”
But Plecnik said those penalties wouldn’t be necessary if the IRS were to verify fully the eligibility of taxpayers claiming refundable credits before paying them out. “Although it would inevitably delay tax refunds, verification before payment would save the public billions of dollars and discourage fraud without imposing draconian bans or penalties on taxpayers,” he said.
WAYS AND MEANS FAVORABLY REPORTS CONTROVERSIAL CHILD CREDIT BILL, March 17:
To John T. Plecnik of Cleveland State University’s Cleveland-Marshall College of Law, the child credit bill is “a half measure” because the earned income tax credit, which already requires a valid SSN, remains subject to erroneous claims and fraud that have led to new and more severe penalties created by Congress and the IRS.
The two article are available here:
CSU Law Faculty 