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	Comments on: June 20 roundup	</title>
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	<link>https://www.overlawyered.com/2011/06/june-20-roundup-3/</link>
	<description>Chronicling the high cost of our legal system</description>
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		<title>
		By: captnhal		</title>
		<link>https://www.overlawyered.com/2011/06/june-20-roundup-3/comment-page-1/#comment-123078</link>

		<dc:creator><![CDATA[captnhal]]></dc:creator>
		<pubDate>Tue, 21 Jun 2011 12:04:09 +0000</pubDate>
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					<description><![CDATA[From Steve Chapman: &quot;The government insists the funds were campaign contributions intended to &#039;conceal from the public facts that he believed would harm his candidacy.&#039; Edwards&#039; lawyers say they were personal gifts that he used for a private, and perfectly legal, purpose: to keep his wife in the dark.&quot;

Did Edwards report these &quot;gifts&quot; on his tax returns?  $900,000 easily exceeds the threshold amount which requires them to be reported as income.  If these gifts were included when he filed his 1040, the government has no case.  On the other hand, if he&#039;s only making the &quot;gift&quot; claim now, it sure looks like he&#039;s trying to cover up his misuse of campaign funds after the fact.  As he was trying &quot;to keep his wife in the dark&quot;, listing it on a joint return would seem to defeat the purpose.]]></description>
			<content:encoded><![CDATA[<p>From Steve Chapman: &#8220;The government insists the funds were campaign contributions intended to &#8216;conceal from the public facts that he believed would harm his candidacy.&#8217; Edwards&#8217; lawyers say they were personal gifts that he used for a private, and perfectly legal, purpose: to keep his wife in the dark.&#8221;</p>
<p>Did Edwards report these &#8220;gifts&#8221; on his tax returns?  $900,000 easily exceeds the threshold amount which requires them to be reported as income.  If these gifts were included when he filed his 1040, the government has no case.  On the other hand, if he&#8217;s only making the &#8220;gift&#8221; claim now, it sure looks like he&#8217;s trying to cover up his misuse of campaign funds after the fact.  As he was trying &#8220;to keep his wife in the dark&#8221;, listing it on a joint return would seem to defeat the purpose.</p>
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