Posted on 04/12/2002 10:40:19 PM PDT by Jean S
WASHINGTON --
The Internal Revenue Service mistakenly paid out more than $30 million to tax filers seeking nonexistent slavery tax credits in 2000 and 2001, according to a Treasury Department investigation.
A growing number of black taxpayers are being misled by scams falsely claiming that, for a fee, they can get tax credits or refunds as reparations for slavery. The scams are given credence when some taxpayers actually get money.
The IRS received more than 77,000 tax returns last year claiming $2.7 billion in reparations refunds, up from 13,000 the year before. Last year, the IRS discovered that some erroneous refunds were being issued but was only partly effective in stopping them.
The Treasury inspector general for tax administration, David C. Williams, said in testimony this week before the Senate that refunds of more than $80,000 for each spouse in a married couple were issued "in some instances."
In 2000 and the first four months of 2001, Williams said, more than $30 million in erroneous reparations payments were paid. After April of last year, a computer program developed by the inspector general identified an additional $16.1 million in claims before they were paid.
The Washington Post, citing an unidentified official, reported that one IRS employee is under investigation for allegedly helping process returns that claimed the credit. At least 12 current and former IRS employees, all low-level workers in processing centers, applied to receive such a credit, the newspaper report said.
Typical scams use terms such as "black investment taxes," "reparations for African-Americans" or a "black inheritance tax refund."
This is the first indication of what these scams cost the government. Most of the mistaken payments were for about $43,000, a figure Essence magazine suggested in 1993 as the updated value of 40 acres and a mule, which some freed slaves were given under an order by a Union general during the Civil War.
The tax agency is now trying to recover the money it paid out, though officials would not disclose how much has been collected.
Starting Monday, the IRS will be begin levying a $500 fine on taxpayers who do not withdraw the claim if they have been caught.
* ___
On the Net:
Internal Revenue Service: http://www.irs.gov
Treasury inspector general: http://www.ustreas.gov/tigta
Wait why am I laughing?
Oh yea,because this is so f#^&+ing outrageous I can't belive it!
The Internal Revenue Service mistakenly paid out more than $30 million to tax filers seeking nonexistent slavery tax credits in 2000 and 2001, according to a Treasury Department investigation.
Mistakenly?
I thought that's what refunds are all about. You know, reparations to Tax Slaves? Granted the reparations ain't much but hey, the more slave you are the bigger that refund should be. Tax cuts for the rich,(the real slaves in the system):
Walter Williams, World Net Daily, 10-25-2000
According to the most recent U.S. Treasury Department figures, in 1997 the top 1 percent of income-earners (those with income of $250,000 and higher) paid 33 percent of all federal income taxes. The top 5 percent of income-earners ($108,000 and over) paid 52 percent, and the top 50 percent ($36,000 and over) paid 96 percent of income taxes. Guess what the bottom 50 percent of income earners paid?
But then I think it's time to change tax systems myself:
Keyes on Taxes & Government Spending:
- "The income tax in effect makes us vassals to the government the politicians decide how much income we can keep. No mere reform of this slave tax, such as flattening the rate, can correct its fundamental denial of control over our own money. Only the abolition of the income tax itself will restore the basic American principle that our income is both our own money and our own private business - not the government's."
- "Replacing the income tax with a national sales tax would rejuvenate independence and responsibility in our citizens. True economic liberty and moral revival go hand in hand."
- "A national sales tax would also put the American citizen back in control of national fiscal policy. The best way to curtail government spending is to cut taxes, because they cant spend what they dont get. But with a sales tax, we could deny funds to a spendthrift government and give ourselves a tax cut whenever we make the private choice to alter our spending and saving habits."
Second, you mean all I had to do this year was pencil in $80k on line 33 and the check was in the mail.
Unf---king believable!!!!
I don't believe I'm off the mark to say that whites would never be offered such a pass--they'd be prosecuted for tax fraud.
This is really ugly. I hope it is not a portent of things to come. At a minimum, we'll have to rein in the diversity coordinators at certain IRS processing centers. Things may have gotten a little too diverse in some of them. |
No doubt. And since when does a "regulated agency" declare penalties ? Who elected these MFs ?
(rhetorical BS)
Sorry. That credit only applies if your great-great-great-great-great-great-great-grandfather was picked on.
That could be applied to almost any U.S. Federal Government Agency.
I sure feel safer, knowing that a U.S. Federal Government Agency
is now in charge of airport security. < /sarcasm>
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