Dec 2, 2022
Townhall has reported on several situations in which Americans took advantage of COVID-19 pandemic programs and defrauded the government to enrich themselves at the expense of taxpayers, but it turns out there were also perfectly legal loopholes that allowed wealthy Americans to take unemployment benefits - even those who had annual incomes over $1 million. Recent data released by the IRS reveal that thousands of Americans - 19,003 to be exact - reported receiving unemployment compensation in 2020 despite having adjusted gross income of greater than $1 million that year. The amount of unemployment compensation that those millionaires received totaled $263,794,000.