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Government Employees Owe Billions in Delinquent Taxes

Posted By aaron On November 16, 2010 @ 1:44 pm In Washington Politics | Comments Disabled

Eamon Javers
CNBC
November 16, 2010

Need a quick three billion dollars, Uncle Sam? How about looking in your own pockets?

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Deficit cutters struggling to make ends meet in Washington are eyeballing an unusual pot of potential revenue: back taxes owed to the government by federal employees themselves.

According to an IRS study last year, those employees and federal retirees owed a staggering $3.3 billion dollars in delinquent tax payments to the government.

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The federal agency with the largest back-tax bill? The US Postal Service, where hundreds of thousands of employees owed a total of more than $283 million, said the report.

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