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Your Money (Tax Fraud) #846954

ABC Evening News for Monday, Dec 11, 2006
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(Studio: Charles Gibson) Report introduced.

(Washington: John Cochran) The tax fraud in which the IRS paid millions in refunds to underserving taxpayers & now cannot get the money back examined; statistics of the losses through bogus refunds cited; details given about the failed IRS computer system. [Senator Charles GRASSLEY - says the IRS "royally screwed up"; outlines what happened to the honest taxpayer.] [Treasury Department deputy inspector general Michael PHILLIPS†- calls it a worst-case scenario.] [National Taxpayers Union Peter SEPP†- says IRS & computers don't mix.]

Reporter(s):
Gibson, Charles;
Cochran, John
Duration:
00:02:10

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