Episode Details

Scam victims are being taxed on stolen money they never got to spend—thanks to a 2017 tax law change that stripped theft losses from deductible status. For those who cashed out retirement funds to pay scammers, it’s a cruel double blow: losing everything and then owing taxes on what’s gone. Lawmakers are now pushing to restore the deduction, while victims scramble to negotiate tax relief—because punishing victims for crimes committed against them is simply unjust.

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