The U.S. Internal Revenue Service mistakenly mailed checks totaling $1,400 to Japanese who were living in the United States until October 2005, the Financial Times reported on Thursday, May 20, citing a representative of a Japanese bank.
As specified in the material, the bank branches in Tokyo formed long lines, because the staff had to process checks in dollars. Among those who received payments were Japanese who used to live in the United States, but long ago left the country. They were sent the money based on tax returns filed by residents.
“I felt grateful, America is beautiful,” a 75-year-old Japanese retiree shared with the publication.
Nikkei Asia notes that the checks were received by Japanese who lived in the United States until October 2005, at which time a bilateral social security agreement exempting Japanese citizens from paying social security contributions took effect.
Earlier, on May 2, Bloomberg agency published information that for the first 100 days of U.S. President Joe Biden’s government, the fortune of the hundred richest Americans increased by $195 billion and reached a mark of $2.9 trillion. As the main reasons for such growth, the growth of stock markets amid vaccination from the coronavirus and overcoming the immediate pandemic were named.