Kerry/Edwards Campaign finance director Bridget Siegel on the possible future for John Edwards after the mistrial.
Instead, of re-trying him for campaign fraud, why not hit him up for income tax fraud. Mr. Edwards stated in that those funds were personal gifts. Personal gifts in excess of $11,000 from any one person per tax year are taxable. I'm thinking he never included them on his tax returns. So, if they weren't campaign contributions, they were gifts, they cannot possible be both. It worked on Al Capone, why not John Edwards? Maybe he won't go to jail, but the penalties, fines, back taxes owed, & interest on same, could help recoup the cost of trial.
Gift tax is paid by the person giving the gift.
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