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Sunday, April 1, 2007

Slavery Reparations Scams

"The 'Slave Reparations Act' (also called the Slavery Reparation Tax Credit, Black Tax Credit or Black Inheritance Tax Refund) is a tax fraud related to the concept of reparations for slavery. The scam claims that filers can receive $5,000 or increased social security payouts for African-Americans born in the United States between 1911 and 1926."

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"'Claiming tax refunds or credits for slavery reparations is illegal,' said Eileen J. O’Connor, Assistant Attorney General for the Tax Division of the Department of Justice. 'The Justice Department is taking vigorous action to stop the promotion of schemes that undermine the federal tax system and leave honest taxpayers footing the bill.'”

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Beware of tax scams - or pay the price

"Falling for these scams has resulted in financial disaster for many taxpayers, says Christine Bauman, an assistant professor in the School of Business at the University of Wisconsin-Milwaukee and director of the university's Low-income Tax Clinic, which provides free assistance to low-income taxpayers."

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Clay warns African Americans about Slave Reparations scam

"According to local residents, so-called "tax experts" claim they will help African Americans file 'slavery reparations claims' with the Internal Revenue Service. Victims are told that if they file a claim, they will receive anywhere from $40,000 to $80,000 from the federal government in reparation refunds. The scam artist then charges the unsuspecting victim a fee by for filling out the fake claim form."

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Booker T. Washington said:

"There is another class of colored people who make a business of keeping the troubles, the wrongs, and the hardships of the Negro race before the public. Having learned that they are able to make a living out of their troubles, they have grown into the settled habit of advertising their wrongs -- partly because they want sympathy and partly because it pays. Some of these people do not want the Negro to lose his grievances, because they do not want to lose their jobs....There is a certain class of race-problem solvers who do not want the patient to get well, because as long as the disease holds out they have not only an easy means of making a living, but also an easy medium through which to make themselves prominent before the public."

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