Tuesday, November 25, 2008

Maybe the Former Days Inn Owner Can Help the Economy

The former owner of Days Inn, Stanley Tollman, has run into a little bit of the old good news - bad news business with the IRS recently. The good news is that he only had to plead guilty to one count of tax fraud. The bad news is that one count is going to cost him $105 million.

Stanley Tollman, who as a principal of Tollman-Hundley Hotels was once an owner of Days Inn of America, pleaded guilty to one count of tax fraud and agreed to pay more than $105 million to the government in back taxes and various fraud penalties.

Under terms of the plea agreement with the U.S. attorney for the Southern District of New York, other charges of bank fraud against Tollman and tax fraud charges against his wife, Bernice Nina Tollman, 77, will be dropped.

The couple have spent the last few years living in London fighting extradition, but the English courts this year would not allow extradition of either Tollman, citing Mrs. Tollman's health.

Or perhaps becaue Mr. Tollman was greasing wheels. Or whatever. The point being is that our government is getting another $105 million! What should we do with it? Weeeeeell, we could line the coffers of the rich; that seems like a good idea. Or just let the IRS sit on it.

Or ... or ... and I know this sounds like kooky-talk, but hear me out -- we could always take this money and distribute it equally across all citizens. It won't be much -- a dollar here or there, but since the economy is kind of tanking, it would be cool to see everyone get a little something for a guy that doesn't ever have to work again despite cheating the government out of nine figures.

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