{"id":25352,"date":"2012-01-12T17:34:12","date_gmt":"2012-01-13T00:34:12","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2012\/01\/12\/if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught.html"},"modified":"2012-01-16T20:22:12","modified_gmt":"2012-01-17T03:22:12","slug":"if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/12\/if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught.html","title":{"rendered":"If you pay income tax from robbing a bank, do you get a refund if you got caught&#8230;"},"content":{"rendered":"<p><b>If you pay income tax from robbing a bank, do you get a refund if you got caught and lose the money?<\/b><\/p>\n<p>That&#39;s essentially what Joseph Nacchio &#8212; not a popular guy in Denver &#8212; is asserting.  He paid a bunch of income tax on massive profits from an illegal stock deal &#8212; which profits were ordered forfeited by the courts because of the crime involved.<\/p>\n<p>So &#8230; should he get a refund, or is the federal government essentially paying him because he got caught committing a crime a outrageous idea?<\/p>\n<p>(Hmmmm &#8230; can they then nail him and fine him for filing a fraudulent tax return?) #ddtb<\/p>\n<p style='clear:both;'>\n<p style='margin-bottom:5px;'><strong>Embedded Link<\/strong><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t<a href='http:\/\/www.denverpost.com\/breakingnews\/ci_19722804'>Nacchio seeks tax refund on $18 million paid on insider-trading profits &#8211; The Denver Post<\/a><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\tJoseph Nacchio, the former Qwest Communications International Inc. chairman convicted of insider trading, sued the U.S. seeking a refund of almost $18 million in taxes he paid on gains from illegal st&#8230;\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p style='clear:both;'>\n","protected":false},"excerpt":{"rendered":"<p>If you pay income tax from robbing a bank, do you get a refund if you got caught and lose the money? That&#39;s essentially what Joseph Nacchio &#8212; not a popular guy in Denver &#8212; is asserting. He paid a bunch of income tax on massive profits from an illegal stock deal &#8212; which profits &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2012\/01\/12\/if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;If you pay income tax from robbing a bank, do you get a refund if you got caught&#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,9],"tags":[107],"class_list":["post-25352","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-politics-law","tag-ddtb"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":11748,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/02\/12\/um_no.html","url_meta":{"origin":25352,"position":0},"title":"Um &#8230; no &#8230;","author":"***Dave","date":"Tue 12-Feb-08 6:30am","format":false,"excerpt":"Sometimes these guys don't even seem to be trying very hard: From: Internal Revenue Service Subject: Tax Notification Internal Revenue Service (IRS) United States Department of the Treasury After the...","rel":"","context":"In &quot;Spam&quot;","block_context":{"text":"Spam","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/computer-security\/spam"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143,"url":"https:\/\/hill-kleerup.org\/blog\/2003\/06\/09\/pump_priming.html","url_meta":{"origin":25352,"position":1},"title":"Pump priming","author":"***Dave","date":"Mon 9-Jun-03 12:58pm","format":false,"excerpt":"If the idea behind the tax cut\/\"refund\" is that money in the hands of the public will do more to stimulate the economy than that same money in the hands...","rel":"","context":"In &quot;Politics &amp; Law&quot;","block_context":{"text":"Politics &amp; Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25776,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/28\/romney-tries-being-not-so-rich-and-tax-coddled.html","url_meta":{"origin":25352,"position":2},"title":"Romney tries being not so rich and tax-coddled","author":"***Dave","date":"Sat 28-Jan-12 10:50am","format":false,"excerpt":"Or at least tries convincing us he's not, by incorrectly mauling numbers to make it seem like he's paying 50% income tax.Only in your worst dreams, Mitt.He must be getting really worried about Newt. #ddtbReshared post from +David McGirrMitt Romney attempting to backpedal. He is failing.He's saying that he pays\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25504,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/17\/mitt-thinks-362k-in-speaking-fees-is-not-very-much.html","url_meta":{"origin":25352,"position":3},"title":"Mitt thinks $362K in speaking fees is &quot;not very much&quot;","author":"***Dave","date":"Tue 17-Jan-12 12:59pm","format":false,"excerpt":"Must be nice to live in Mitt's world and pay such a low tax rate. #ddtb Embedded Link Romney Admits His Tax Rate Is About 15 Percent, Lower Than Many Middle Class Families Citizens for Tax Justice a few months ago estimated that Mitt Romney, due to most of his\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24720,"url":"https:\/\/hill-kleerup.org\/blog\/2011\/12\/21\/douglas-bruce-found-guilty-of-tax-evasion.html","url_meta":{"origin":25352,"position":4},"title":"Douglas Bruce found guilty of tax evasion","author":"***Dave","date":"Wed 21-Dec-11 3:07pm","format":false,"excerpt":"Good. #ddtb Embedded Link Douglas Bruce convicted on all counts in tax evasion trial - The Denver Post A Denver jury found small-government champion Douglas Bruce guilty on all counts today in his tax fraud trial after an eight-and-a-half day trial.","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26392,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/02\/13\/doug-bruce-goes-to-jail.html","url_meta":{"origin":25352,"position":5},"title":"Doug Bruce goes to jail","author":"***Dave","date":"Mon 13-Feb-12 3:44pm","format":false,"excerpt":"Couldn't happen to nicer guy, as this bit from the trial judge indicates:'Mansfield said Bruce's age, 62, the type of crime he committed and his lack of criminal history outweighed his behavior at trial, which gave her pause. \"It was apparent during the trial itself, the defendant had absolutely no\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/25352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=25352"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/25352\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=25352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=25352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=25352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}