Thursday, April 10, 2008

Another Example of Good Governance by DC

The DC Tax office was being raided by an employee to the tune of $35 M over the last 15 years or so. Actually nobody knows yet how much was lost. There have been several arrests and firings, but the City's CFO still has his job. He is friends with the mayor. Anyway an independent audit of 2007 found even more checks not flagged by the city, and now the city and the auditors are arguing. See this for that story. But what is worse is the City's response - hire more tax collectors. Let's see an office that has proven it cannot manage money is being torn apart due to corruption and crime and the solution is to collect more taxes? That will really make the DC residents feel good about their government. Of note the only way the scam was found out was a bank thought something odd was happening and called the Feds. They city had no clue.

1 comment:

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