Another 10-10 tax tidbit: Agnew resigns

October 10, 2010

Before 10/10/10 completely slips away, I wanted to share an historic tax fact.

On this day 37 years ago — Oct. 10, 1973  — Vice President Spiro Agnew resigned after being charged with federal income tax evasion.

Agnew had been formally charged with having accepted bribes of more than $100,000 while holding office as Baltimore County executive, governor of Maryland, and as U.S. vice president in the Richard Nixon administration.

Agnew was allowed to plead "no contest" to a single charge that he failed to report $29,500 of income he received in 1967.

Part of the plea deal was that he resign his office. In doing so, he became the only U.S. vice president to resign over criminal charges.

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