Posted on 08/17/2005 3:44:17 AM PDT by Jim Robinson
A federal appeals court ruled on Tuesday that former Arkansas Gov. Jim Guy Tucker cannot withdraw his guilty plea in a tax law violation related to the Whitewater investigation into his predecessor, former President Bill Clinton.
Tucker pleaded guilty in 1998 to concealing from the U.S. Internal Revenue Service the value of a cable television system in Florida that he and two partners sold.
He later said the amount of tax owed was excessive and his guilty plea should be set aside because the IRS conceded it applied an outdated section of law to his case.
The 8th Circuit Court of Appeals ruled the amount of fines, restitution and tax owed by Tucker were in dispute, but not his admission of providing false information to the government.
"He was still guilty of conspiring to impede the IRS in collecting the income tax that would be owed on the sale of the cable system," the appeals court held.
Prosecutors initially alleged that the conspiracy cost the government $3.5 million in tax revenue, but later reduced the amount to no more than $125,000.
Tucker became governor in December 1991 when fellow Democrat Clinton resigned after being elected president.
Shortly afterward, Clinton was besieged with allegations of financial misconduct over Whitewater and several former associates were indicted, but Clinton himself was never charged with any wrongdoing in the exhaustive investigation into the failed 1970s real estate venture
Added to the Klintoon legacy.
Maybe Jim should spill his guts on the Clinton Connection.
Not if he wants to live. Vince Foster became a poster boy for loose lips within the Klintoon kamp.
Klintoon is taking another big hit.
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=45811
Bubba and Co., are not looking so hot these days.
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