Amazon (AMZN) shares retreat after wide Q2 earnings miss >>> READ MORE

IRS Official Entwined in Tea Party Tax Scandal Retires

Lois Lerner was reportedly going to be fired unless she stepped down


NewLettersThe woman who famously pleaded the Fifth Amendment — protection against self incrimination — during her testimony before Congressional committee concerning the Tea Party tax scandal has retired.

Lois Lerner had been on administrative leave since May.

Lerner was the official in charge of the IRS’s tax-exempt-organizations division and admitted at a law conference that some groups were flagged for review (while reports noted only groups that were targeted were ones with “tea party” or “patriot” in their names, non-conservative groups were targeted as well, including Palestinian-rights group.)

The Wall Street Journal reports that she retired because she was to be fired.

A Democratic congressional aide said Ms. Lerner’s decision came after an IRS review board had informed her that it was set to propose her removal from the agency. The board had found “neglect of duties” during her tenure as director of the IRS exempt-organizations division, as well as mismanagement consistent with critical findings of an earlier inspector general’s report, the aide said.

Before she was asked to testify, she admitted the IRS should not have targeted those select groups.

“That was wrong. That was absolutely incorrect, it was insensitive, and it was inappropriate. That’s not how we go about selecting cases,” Lerner said. “The IRS would like to apologize for that.”

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC