12,000 tax cheats come clean under IRS program

Discussion in 'Law and Justice System' started by Wry Catcher, Sep 16, 2011.

  1. Wry Catcher
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    Wry Catcher Platinum Member

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    "WASHINGTON (AP) — About 12,000 tax cheats have come clean under a program that offered reduced penalties and no jail time to people who voluntarily disclosed assets they were hiding overseas, the Internal Revenue Service announced Thursday.

    "Those people have so far paid $500 million in back taxes and interest. IRS Commissioner Doug Shulman said he expects the cases to yield substantially more money from penalties that have yet to be paid."

    Link:
    12,000 tax cheats come clean under IRS program - Yahoo! News

    Now the fun begins, the next group of tax cheats will be named, perp. walked and tossed into the Federal Prison system.
     
  2. RetiredGySgt
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    RetiredGySgt Platinum Member

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    I guess, according to your time line, the inconvenience of a trial will be skipped?
     
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  3. Wry Catcher
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    Wry Catcher Platinum Member

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    Of course not. If they want the public exposure I'm sure they'll have a public trial. I suspect most will use pre-trial motions to delay a trail hoping that a Republican will win the White House and grant them immunity.
     
  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    The only criminal I recall being granted amnesty was by Clinton just before he left office. Care to provide us some facts?
     
  5. editec
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    editec Mr. Forgot-it-All

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    Sounds like good news to me.
     
  6. Ravi
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    Ravi Diamond Member

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    Nah, from your article:

    The IRS is no longer the boogeyman it once was, thanks to President Clinton. They are more interested in getting money that is due than in putting people in jail.
     
  7. Quantum Windbag
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    Quantum Windbag Gold Member

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    Trial?

    Who needs a fracking trial?
     
  8. Wry Catcher
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    Wry Catcher Platinum Member

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    Ford gave Nixon immunity and Libby's sentence was commuted by Bush, Jr. Clinton was not convicted and never granted amnesty.
     
  9. driveby
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    driveby Gold Member

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    How many thousand are from the Obama Administration?........ :eusa_whistle:
     
  10. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Libby served his time. Nixon was never convicted of anything. Meanwhile Clinton was paid off to amnesty a fugitive from Justice, of course you don't recall that right?
     

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