4.5 • 980 Ratings
🗓️ 6 December 2024
⏱️ 39 minutes
🧾️ Download transcript
Imagine you've just had everything stolen from you by a ruthless scammer. You are wondering how you will pay your bills, maybe even have enough money to buy food. And then a bill arrives from the IRS – you owe taxes on the stolen money. Unfortunately, scam victims across the country are getting hit with huge tax bills thanks to a change in the tax code a few years ago. In this episode, you'll meet Chester, a retiree from California who is living this very nightmare right now, as well as the lawmakers working on the bipartisan effort to change the tax code.
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0:00.0 | This week on The Perfect Scam. |
0:04.0 | I constantly was waking up in the middle of the night during the day. |
0:08.0 | I was shaking a little bit. |
0:10.0 | I was just totally distraught. |
0:12.0 | My mind was just spinning every day. |
0:15.0 | I was just trying to hold it together. |
0:17.0 | You know, I just go and I can't express how sick my stomach felt doing this. |
0:22.9 | Because you don't, you know, sometimes the government doesn't do the right thing and clear you properly or clear you right away. |
0:30.2 | And I'm thinking, oh my God, if they don't find evidence that I'm innocent, then what? |
0:37.2 | Am I going to jail? that I'm innocent, then what? |
0:37.5 | Am I going to jail? |
0:43.9 | Welcome back to the perfect scam. |
0:45.8 | I'm your host, Bob Sullivan. |
0:48.9 | Imagine you've just had everything stolen from you, |
0:52.4 | every last penny from your checking account, your retirement accounts, |
0:56.4 | taken by a criminal. You're staring into that abyss, wondering how you'll survive in the future, |
1:02.5 | buy food, pay any of your bills. And then, at your lowest moment, one more bill arrives. From the IRS, |
1:14.3 | you owe taxes on the money that was stolen from you, |
1:22.2 | tens of thousands of dollars in taxes. How can this possibly be real? Unfortunately, it's not my imagination or a nightmare that you can wake up from. It's all too real. In fact, it's a trend. |
1:29.5 | Scam victims around the country are getting hit with huge tax bills thanks to what seems to |
1:35.3 | unintended consequences of a change in the tax code a few years ago. |
1:40.5 | There are proposed legislative fixes for this shocking state of affairs. |
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