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28. Gennaio 2012, 20:05:16
Mort 
Argomento: Re: And if he were, it would be all over the news that Newt broke the law.
Artful Dodger: It was in the news when he first did it...

http://www.upi.com/Top_News/US/2012/01/25/Group-seeks-info-on-Gingrich-ethics-probe/UPI-56641327539926/

WASHINGTON, Jan. 25 (UPI) -- A government watchdog group Wednesday requested the release of all documents in the 1990s ethics investigation into U.S. House Speaker Newt Gingrich, R-Ga.

Melanie Sloan, executive director of Citizens for Ethics and Responsibility in Washington, said all information should be made public so voters can decide for themselves if Gingrich was let off too lightly, The Hill reported. The group filed a request under the Freedom of Information Act.

In 1997 a House ethics panel's investigated allegations Gingrich improperly used a college course, funded by political donors, to promote political causes, potentially violating federal tax laws and House ethics rules. The House voted 395-28 to adopt the committee's report that recommended reprimanding Gingrich and imposing a $300,000 penalty.

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http://www.washingtonpost.com/wp-srv/politics/govt/leadership/stories/012297.htm
House Reprimands, Penalizes Speaker

By John E. Yang
Washington Post Staff Writer
Wednesday, January 22 1997; Page A01

The House voted overwhelmingly yesterday to reprimand House Speaker Newt Gingrich (R-Ga.) and order him to pay an unprecedented $300,000 penalty, the first time in the House's 208-year history it has disciplined a speaker for ethical wrongdoing.

The ethics case and its resolution leave Gingrich with little leeway for future personal controversies, House Republicans said. Exactly one month before yesterday's vote, Gingrich admitted that he brought discredit to the House and broke its rules by failing to ensure that financing for two projects would not violate federal tax law and by giving the House ethics committee false information.

"Newt has done some things that have embarrassed House Republicans and embarrassed the House," said Rep. Peter Hoekstra (R-Mich.). "If [the voters] see more of that, they will question our judgment." .........

.....The 395 to 28 vote closes a tumultuous chapter that began Sept. 7, 1994, when former representative Ben Jones (D-Ga.), then running against Gingrich, filed an ethics complaint against the then-GOP whip. The complaint took on greater significance when the Republicans took control of the House for the first time in four decades, propelling Gingrich into the speaker's chair.

With so much at stake for each side -- the survival of the GOP's speaker and the Democrats' hopes of regaining control of the House -- partisanship strained the ethics process nearly to the breaking point.

All but two of the votes against the punishment were cast by Republicans, including Rep. Roscoe G. Bartlett (Md.), many of whom said they believed the sanction -- especially the financial penalty -- was too severe.

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"Fifteen Years Ago Today, Newt Gingrich Became The First House Speaker In American History To Be Reprimanded By His Colleagues"

Today is the South Carolina GOP presidential primary and, as this Mitt Romney campaign reminds us, another special date, too:

Happy 15th Anniversary, Mr. Speaker
The House Voted “Overwhelmingly” to Reprimand Gingrich and Ordered Him to Pay a $300,000 Penalty After He Violated House Rules and Misled Ethics Investigators:

On January 21, 1997, Gingrich Became The Only Speaker In History To Be Formally Reprimanded By The House For “Ethical Wrongdoing.” “The House voted overwhelmingly yesterday to reprimand House Speaker Newt Gingrich (R-Ga.) and order him to pay an unprecedented $300,000 penalty, the first time in the House's 208-year history it has disciplined a speaker for ethical wrongdoing. … Exactly one month before yesterday's vote, Gingrich admitted that he brought discredit to the House and broke its rules by failing to ensure that financing for two projects would not violate federal tax law and by giving the House ethics committee false information.” (“House Reprimands, Penalizes Speaker,” The Washington Post, 1/22/97)

The House Voted 395-28 To Reprimand Speaker Gingrich – With Roughly Nine In Ten House Republicans Voting Against Gingrich. (H.Res. 31, Vote #8: Passed 395-28: R 196-26; D 198-2; I 1-0, 1/21/97)

And now the Newt has been caught again..
http://bungalowbillscw.blogspot.com/2012/01/gingrich-thinks-romneys-tax-returns-are.html

I guess tax fraud is not big press in the right wing press now, even though I find it reported everywhere but....

" “It appears that he is not paying his fair share of Medicare tax,’’ Robert E. McKenzie, a partner in the Chicago law firm of Arnstein & Lehr LLP concluded, in an email to Forbes, after reviewing Gingrich’s 2010 tax return. McKenzie, a past chairman of the Employment Tax Committee of the American Bar Association Tax Section and a member of the IRS’ Advisory Council, added: “There are a multitude of cases where the IRS has successfully challenged the improper tax strategy of this candidate and his accountants. Service businesses are only allowed to distribute a fair return on investment from an S corp. as profits exempt from Medicare taxes. The remainder of profits must be paid as salary subject to a 2.9% Medicare tax levy.”

As Forbes notes, the IRS has specific rules on how payments from a small business like Gingrich Holdings should be treated for tax purposes, and the amount Gingrich says he invested in his companies — between $500,000 and $1 million — is likely “far too little” to “justify booking $2.4 million as profit.” The ploy, however, is used widely. According to the Government Accountability Office, S corps. like Gingrich Holdings underpaid wages by $24 billion in 2003 and 2004, allowing owners to avoid payroll taxes.

Gingrich’s dodge of Medicare taxes, though, pales in comparison to the tax break he’d give himself should he get to the White House. His tax reform plan calls for a flat 15 percent tax rate, slashing his effective rate to 14.6 percent and giving himself a $540,000 tax break in the process."

http://www.nationofchange.org/gingrich-used-gimmick-avoid-paying-taxes-millions-income-1327424546

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