What does this closing statement mean exactly?
"It WAS your money... but it's gone!"
How exactly will honest people suffer for their mistake?
2006-12-12 02:55:16 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
It wasn't a letter darlin... It was the closing sentence spoken by the news anchor reporting the story.
Supposedly, the put a new computer system together meant to track and catch people filing fradulent tax claims... They closed down the existing back-up system before making sure that the new one worked... They paid out over $300 million dollars in fradulent claims to people that this new system was supposed to catch...
The news reporters last line in the story was "It WAS your money... But not anymore."
That frightens me! Especially since most of us dump our tax returns right back into the system to pay things like property taxes!
Exactly how much is this going to effect us if at all? What did that News reporter mean by that?
2006-12-12 03:21:11 · update #1
It was an ABC News report...
2006-12-12 03:22:14 · update #2
This was in a tax technical bulletin we subscribe to at work. Carve it up amongst 300 million Americans and you will see it isn't goingto bankrupt any of us.
Still not good of course.
2006-12-12 08:34:46 · answer #1 · answered by skip 6 · 0⤊ 0⤋
News from the All Bullshit Channel. Don't believe everything you see on TV
2006-12-12 08:03:15 · answer #2 · answered by 12 November 3 · 0⤊ 0⤋
Get a scan of that document and post it somewhere, I'd like to see it.
I'd have to see the letter in it's context to understand what it means.
2006-12-12 03:04:03 · answer #3 · answered by p_rutherford2003 5 · 0⤊ 0⤋