Under the terms of the amnesty, which are a lot less generous than previous amnesty programs, eligible taxpayers must concede 100% of the claimed tax losses, must pay all applicable interest and must accept the impositionof a penalty unless they had previously disclosed their participation in the transaction.
Others may decide to risk detection by the IRS and the impositionof substantial penalties, including the civil fraud penalty, numerous foreign information return penalties, and the potential risk of criminal prosecution.
He says a referendum would better inform the voters of his state, many of whom would be shocked not at the imposition the death penalty, but about how rarely it is used.