Taxable Talk

From Russ Fox, E.A., of Clayton Financial and Tax of Irvine, CA
All items below are for information only and are not meant as tax advice.
Please consult your own tax advisor to see how each item impacts your own situation.
It Is Difficult to Overemphasize the Breadth and Depth of the Corruption
The title of this post is a quote from the 11th Circuit Court of Appeals. Former Atlanta Mayor Bill Campbell had appealed his conviction and his sentence on tax fraud charges. The Appeals Court found his conviction and sentence to be entirely appropriate.

The Court ruling wasn't kind to Campbell. Here are two excerpts that ran in the Atlanta Journal-Constitution:

"[Campbell is]...a first offender with an exceptional personal history who cannot be considered unlikely to commit further crimes."

"The fact that Campbell, a lawyer and former federal prosecutor, committed his crimes while mayor of a major metropolitan city, knowing as he must have that his action would be publicly and deeply scrutinized, belies his assertion that he 'cannot be considered likely to commit further crimes.'"

Needless to say, Campbell will not be leaving ClubFed until, at the earliest, October 2008.
Posted by Russ on Sunday July 15, 2007 at 6:43pm
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