[Future Useless Eater]

Its very curious that Daschle is ONLY admitting to underpaying for the last THREE years! Sounds like he has been doing this for longer, but the statute of limitations expired on his earlier transgressions.

I would also like to hear more of the 'quid pro quo' reasons behind WHY Daschle was being given a free limo and driver, and why that means about his Blagojevich-style ethics.

Statute of Limitations for IRS Assessments

General Rule - The IRS is required to assess tax within 3 (three) years after the return was filed. See section 6501(a) of the Code and section 301.6501(a)-1(a) of the regulations. Similarly, no proceeding in court without assessment for the collection of any tax can begin after the expiration of 3 years. See section 301.6501(a)-1(b) of the regulations.

[MrB]

Time for more people to jump on Congressman Carter’s “Rangel Bill”

that would abolish all penalties for tax underpayment.

Just don’t pay the full amount, and if you get caught, pony up what you really owe, and say “sorry”.

[Hardastarboard]

You might want to check. I don’t think there’s a statute of limitations on tax fraud. I may be wrong, and don’t have the time to investigate right now.