Tax Bytes
related stories graphic

Keen to know how many people are expected to get a refund? Or about groups that advocate an alternative taxation system? We have some stories that might satisfy your curiosity.



tax forms

Tax filing deadline prompts last-minute frenzy

April 15, 1996

Procrastinators racing to meet the Monday tax filing deadline were among 35 million U.S. taxpayers who waited until the last two weeks to file their returns. Why do so many people put off paying their taxes until shortly before the April 15 deadline? Surely, there are as many reasons as there are tax forms.
- Full Story -



tax day

Passage of tax amendment seems unlikely

Almost 3 hours of daily earnings goes for taxes

April 15, 1996

As the midnight deadline loomed Monday for mailing in federal tax returns, the House prepared to vote on a GOP- sponsored constitutional amendment that would make it harder to raise taxes. Many predicted it won't pass.
- Full Story -



Bins of returns

IRS races clock to modernize tax filing

Modern computers humming away at the Internal Revenue Service can't hide one major problem: They're not quite up to speed. The IRS is trying to do something about that. "What we're taking on here ... is a world class technology challenge," said the agency's deputy commissioner, Michael Dolan.
-Full Story-



Tax forms gfx

What to do as midnight deadline nears

Taxpayers sweating out the final hours before the midnight filing deadline will find more high-tech assistance -- but less old-fashioned person-to-person help -- available this year.
-Full Story-



Time's a ticking away

3 hours of workday dedicated to taxes

A typical American works almost until lunch time to pay federal, state and local taxes before earning a penny for food, clothing or shelter.
-Full Story-



Most polled say U.S. income taxes too high

With tax day looming Monday, how do Americans feel about paying federal income taxes?

A CNN/USA Today/Gallup Poll released Sunday shows nearly two-thirds of Americans say they pay too much in federal income taxes.

The poll was based on interviews with 1,010 adult Americans April 9-10. The sampling error is plus or minus 3 percentage points.
-Full Story-



[Dole]

Dole hits 'Clinton crunch'

Bob Dole said Saturday that American families were suffering from "the Clinton crunch of higher taxes and lower wages" and promised if elected president to cut taxes and balance the budget.

Hoping to raise doubts about President Clinton's economic stewardship -- and trustworthiness -- Dole urged Americans to take time at the annual tax-filing deadline to contrast the Democratic incumbent's campaign promises with his performance in office.
-Full Story-



Non-profit groups: The coolest during tax time

football game

April 11, 1996

As many U.S. residents prepare to bite the bullet and write out their tax checks to Uncle Sam, they might be interested to know that there are more than a million groups and companies exempt from income tax.

Take for instance the National Football League: Considering the billions of television dollars the NFL has pulled in for its clubs, how many fans would figure it to be a "non-profit" organization?
-Full Story-



Americans getting larger refunds
this year, and on time -- IRS

IRS Refunds graphic

April 10, 1996

Bigger tax refunds this year, and more on-time payments by the Internal Revenue Service, are contributing an extra $10 billion to the economy's rejuvenation this spring. The IRS sent taxpayers 41.6 million refunds, averaging $1,252 each, through March 29. That's up from 38.8 million refunds averaging $1,076 a year earlier. The total, $52.1 billion, is up 25 percent.
-Full Story-





Other related stories:


footer
| CONTENTS | CNN HOME PAGE | MAIN TAX BYTES PAGE | HELP |

Copyright © 1996 Cable News Network, Inc.
ALL RIGHTS RESERVED.
External sites are not endorsed by CNN Interactive.