Joe Biden: “Let me make another point, and I truly appreciate the Senator's consideration. The second problem I have with the…”

“Let me make another point, and I truly appreciate the Senator's consideration. The second problem I have with the amendment as it is written is this section (a)(2)(A), it says, ``no civil or criminal penalty,'' and then it shifts to ``shall be imposed, if the court or agency as appropriate, finds that the defendant reasonably in good faith determined, based upon the language of the rule published in the Federal Register, that the defendant was in compliance with, exempt from or otherwise not subject to, the requirements of the rule.'' Let me explain why that bothers me. We can make an analogy to one of the more loathed agencies in America, the IRS. I know I do not do my taxes anymore, and I have the dubious distinction two times ago as being listed as the poorest man in the U.S. Senate. Second poor only to the man in Montana sitting behind the Senator, so I do not have a very complicated tax form to fill out. But I do not even do my own taxes anymore. I pay about 1,200 bucks a year to have somebody do my taxes when I do not have anything to declare. I do not have any money. I am not proud of that, but I do not have anything. I do not own a single stock, a single bond, a single investment. I do not own anything, except me and the bank own my house.”