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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Jacques Chitte who wrote (62166)11/4/1999 1:48:00 PM
From: Constant Reader  Read Replies (1) | Respond to of 108807
 
That is true, but income like that causes Social Security benefits, if any, to be taxed. These days, I think it also triggers the requirement to use the Alternative Minimum Tax computation.



To: Jacques Chitte who wrote (62166)11/4/1999 2:46:00 PM
From: Ilaine  Read Replies (1) | Respond to of 108807
 
Ok. My point being that it's a lot of money for a single woman, or man, for that matter. I posted before that I hope she gave it to charity, but after considering further, I hope she had fun with it, because she's in a world of trouble. I suppose that the final solution will be a plea-bargain, a suspended sentence, and a disgorgement, to the extent possible, but I doubt restitution is otherwise an option. If all she's entitled to is $9,600/yr. pension, and, I am guessing, social security, she's probably not much above the poverty line in California, and too old to get a job. Plus, a lot of people will make her into a folk hero, as they will wish they were in her shoes (the old shoes of course, before she got caught). Kids, don't try this at home ~ a younger person would be in worse trouble. But it is pointless to order her to pay if she can't, then the court faces the administrative burden of keeping on her case.