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Word: refundability (lookup in dictionary) (lookup stats)
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...flush and comparatively clean GOP continues to set the pace, the Democrats have had to stay ahead of Janet Reno's Untouchables; DNC officials say they will in the next two weeks return another $1.5 million in donations identified as coming from foreign or other suspect sources, bringing the refund total to more than $3 million since the campaign finance controversy erupted. Clinton has reason to dread his job Wednesday. After all, A-list donors who like to think they?re financing policy may recoil at being asked to replace illegitimate money. They may also be growing wearing of being...

Author: /time Magazine | Title: Night of the Fat Wallets | 6/11/1997 | See Source »

Bill Clinton's Democrats are giving new meaning to the term political payback by promising to return $2.5 million in foreign-tinged contributions by June 30. It turns out they may not be the only ones to need a refund policy. The Republican Party, quick to condemn Democrats for their foreign connections, now appears to have taken campaign cash from thinly veiled Asian interests in the early 1990s...

Author: /time Magazine | Title: MANNA FROM HONG KONG | 5/12/1997 | See Source »

...Coop: A refund--no, giving...

Author: By Corinne E. Funk, | Title: Corinne F.'s Last Will | 5/5/1997 | See Source »

...hustled to catch up with these scams. It ended its arrangement with banks in the refund-loan program in early 1995. At the same time, it made an emergency installation of computer filters to screen electronic returns. "It amounted to the sort of front-end screen the credit-card industry does at the point of sale," says assistant IRS commissioner Ted Brown. With new filters, the IRS discovered 4.1 million "problems" with Social Security numbers--an increase of more than 3 million from the year before. In 1995, 1.8 million dependents suddenly disappeared from the system, and there were...

Author: /time Magazine | Title: AN OVERTAXED IRS | 4/7/1997 | See Source »

...says a staff member on the restructuring commission, "was that they did not have the ability to go after 6 million people, so the agency arbitrarily took 800,000 to a million cases and tried to deal with them." According to the GAO, the IRS released 2 million questionable refund checks that year, even though its computers had detected irregularities...

Author: /time Magazine | Title: AN OVERTAXED IRS | 4/7/1997 | See Source »

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