Federal government seizes $424 million in tax refunds from children to pay back old debts owed by their PARENTS
- U.S. Treasury has grabbed $75 million this
year from Americans whose debts are more than 10 years old, thanks to a single
line in the farm bill
- Many of the debts trace back to the
deceased parents of the people who now see their IRS tax refund checks sent back
to Washington, D.C.
- Only about 10 per cent of appeals are
granted
- A Maryland woman said she lost nearly
$3,000 because the Social Security Administration overpaid her mother in 1977
after her husband died, leaving her with five children to raise
- Before the farm bill language turned up,
Uncle Sam couldn't recover money that was owed for more than a
decade
