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Tax Time: The Bottom Line (Instant Tax Refunds) Part III #786835

ABC Evening News for Wednesday, Apr 13, 2005
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(Studio: Charles Gibson) Report introduced.

(New York: Betsy Stark) Instant tax refunds featured; details given about how this process is actually a short-term loan at a high rate of interest. [Chicago dental assistant Joy LOLLIVAND‡- explains why she needs the refund.] [Neighborhood Economic Development Advocacy Project Sarah LUDWIG†- says the big banks & tax preparers are stripping low-income people of their cash.] [Liberty Tax Service CEO John HEWITT†- comments on the cost of the convenience of these deals.]

Reporter(s):
Gibson, Charles;
Stark, Betsy
Duration:
00:02:20

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