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Your Money (Payroll Taxes) #899969

ABC Evening News for Monday, Jul 28, 2008
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(Studio: Charles Gibson) Senate hearings on why the IRS has failed to collect payroll taxes introduced.

(Washington: Elisabeth Leamy) How part of payroll taxes are supposed to be set aside for Medicare and Social Security examined; details given from a report on tax compliance by businesses with three examples of unpaid taxes cited. [Senator Norm COLEMAN - says taxpayer money is being used for petty cash.] [On the street, two PEOPLE - react.] IRS statement on payroll taxes quoted.

Reporter(s):
Gibson, Charles;
Leamy, Elisabeth
Duration:
00:02:10

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