Page 70 - Amnesty Program News Today

David, is that you live to a totally different standard there. if he were just a regular businessman, took advantage of the amnesty, as so many of them have done with their kind of money, that would be no big deal. the guys running for president. that changes thing. >> thats right. in the case of timothy geithner, all he had to do was pay the penalties as well as the taxes and interest when he cheated, and in my view, he had met the standard of the law. in this case, the romneys, if he were not ...

Illegally hiding for years without being subject to felony charges. they created a tax amnesty program for people like mitt romney with accounts like mitt romney. moe mitt romney is exactly the kind of person, exactly the kind of foreign bank account manipulator, exactly the kind of tax filer who has taken advantage of that amnesty program and avoided felony charges. that process, if he did that, would show up on precisely the tax returns he is hiding, the years of tax returns that he is hiding ...

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And in my view, he had met the standard of the law. in this case, the romneys, if he were not involved in running for office, you get an amnesty program and take advantage of it. but if that is what they did, yeah, thats the end of nip candidacy. >> david cay johnston, thank you very much for joining me tonight. coming up in the "rewrite," the next episode in the bad romance between paul ryan and ayn rand. [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a ...

Democrat. but half of it is also that she has unwittingly and to her great credit managed to keep her fingerprints off of some of the most toxic aspects of the obama administration unlike most people in this cabinet. so i think she is well positioned, in fact, to run. >> until she starts to run. >> i participated in the democratic version of that which is saying by today, in comparison to todays republicans, george w. bush is looking pretty good. >> right. >> i always knew s.e. had an inner demo...

Tax filer who has taken advantage of that amnesty program and avoided felony charges. that process, if he did that, would show up on precisely the tax returns he is hiding, the years of tax returns that he is hiding would have that amnesty in there, if he used that amnesty to avoid felony charges. it would show him, in effect, confessing to a felony and then being granted amnesty for that felony. mitt romneys candidacy could not survive the revelation of that tax felony, not for one day. he woul...

If you lie to your accountant and your accountant tells you if you have an offshore account and you said no. >> your defense would be i told my accountant, i dont know how he got this wrong. >> the government has to prove -- in order to prove that its a felony has to prove that you knew that you had an obligation to report. >> but certainly enough people thought they didnt have the defense available to them that they took a huge advantage of amnesty program. >> its been a real boom both to peopl...

Jeremy, youve handled cases of people with foreign accounts. there has recently been this amnesty program for people who did not fill out this form that theyre supposed to fill out. if you have a foreign bank account, youre supposed to fill out this form saying how much was in it. maximum value that year, if its over $10,000. the government discovered the cayman islands, switzerland institutions there were never reported. so people were getting away with giant amounts of money that they were not...

Take the word of these undocumented ale lee and aliens. >> i think we have to look at who we are actually talking about. the young people who are eligible for this deferred action, you know, have been living in the united states for many years. theyve been serving in the military, theyve been attending schools, so its not like a significant number of them would be crossing the border to begin w. and i also think it has to be made clear that this is not an amnesty program, its far from it. its a ...

Essentially -- >> this. >> i think we all agree with that. i think thats the one thing you ever hear if you report on immigration from both sides, current system is broken. a lot of people come across through nonlegal mean. a lot of people here are not document and we have to deal with it. so in 1986 there was amnesty. now theres a discussion how do we bring them out from the shadows, et cetera. the question is what is actually a working system look like going forward and thats something you tho...