the check is in the mail....

State Comptroller: MCI Owes Md. $130 Million Updated: Wednesday, Mar. 24, 2004 - 5:39 PM ANNAPOLIS, Md. - Comptroller William Donald Schaefer has filed income tax claims totaling $130 million against MCI/WorldCom, but the comptroller isn't expecting a big payoff any time soon. With the company in bankruptcy, Schaefer said Wednesday the money is "unlikely to be paid in full, as recent income statements show extensive losses." While he cautioned against expecting a windfall in state revenues, the comptroller said the state nevertheless should be "vigilant in fighting for our money." The comptroller's office filed the claim in New York bankruptcy court. It is based on court victories won by the comptroller's office seeking taxes from corporations that use Delaware holding companies to shield income earned in Maryland from the state corporate income tax. (Copyright 2004 by The Associated Press. All Rights Reserved.)