Penny Pritzker "Inadvertently" Failed to Report $80 Million in Earnings

It's funny how many tax problems pop up when someone is nominated to a cabinet level post. Zoe Baird brought us nanny-gate in the Clinton years. Yes, the nanny was an illegal immigrant but Zoe and spouse evidently conferred tax exempt status on the nanny in one of those off-the-book arrangements. Timothy Geithner brought standards to a new low for a cabinet post when it was revealed that he had bilked the Treasury out of about $35,000.
Ethical considerations aside these two are a pair of pikers compared to Penny Pritzker, heir to the Hyatt Hotel fortune, and friend of Barack Obama. Penny was just checking her books in preparation for the Senate confirmation hearing that would lead to assuming the office of Secretary of Commerce when Zap! like the proverbial bolt from the blue up popped a $80,000,000 accounting error. I hate when I make errors like that.
According to Bloomberg, it was inadvertent and there was no harm done as Penny quickly filed an amended return.

Chicago billionaire Penny Pritzker inadvertently understated a portion of her income by at least $80 million in a disclosure form required for her nomination to be U.S. Commerce secretary and has amended the document.
Documents released last week show Pritzker received $32.2 million for a decade’s worth of consulting on the restructuring of domestic trusts. The filings released yesterday show she earned at least $80 million for that work, according to Bloomberg’s compilation of the data. The revised total is in addition to the amount reported last week, according to Anderson.

Of course quoting a newspaper report of Penny's petty mistake at her Senate hearing would be considered to be low brow and hurtful. Only leaked tax documents as with the Koch brothers and Mitt Romney should be allowed in Harry Reid's Senate.