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Bounty hunters for the IRS
Here is an interesting tidbit from the FTC report on spam bounty that I discussed earlier this week. The IRS has had a bounty system for tax cheats since 1967. In the first thirty years of the program more than seventeen thousand infomants earned $35.1 million, in the process helping the IRS to recover $1.2 billion. That's a pretty good return, even if some of the ex-wives would have snitched anyway.
Posted by Alex Tabarrok on September 22, 2004 at 07:31 AM in Economics | Permalink
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