Wednesday, February 01, 2006
Here's what the general public is about to learn about Deval Patrick's tax issues:
A decade ago, Patrick and his wife were paying an unexpected federal
tax liability in installments. They missed one* payment, which triggered
an IRS lien.
Here's where things get fuzzy. According to the statement, the Patricks
took "immediate steps" to pay off the balance. However, it's not clear
whether this refers to paying off the entire balance or the
balance on the missed payment. The figure mentioned in the statement is
$8778. But it remains to be seen what, exactly, this number refers to.
*CORRECTION: Not that Howie Carr's the most credible source, but I just
heard him read the statement on air, and the phrase used--if memory
serves--was "one or two" payments.
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