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