So the potential Treasury Secretary is a Tax Cheat

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PapaG

PapaG

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Wow. May as well not have any laws for those in power.
 
Actually I think it is totally overblown. If you have ever been in tax litigation or negotiation with the IRS after being audited, it can literally take years to get it straightened out, and the communication with the agency is poor, at best. Put it this way. I was audited in late 2007, and the back and forth with them, what is owed, and what is not owed, is still going on to this day. I am still waiting for feeback from them from out last round of communication. I have had to extend several times because they have not got their shit together. One round of paperwork, they claimed they never received even though I have a receipt for it from the US postal service that shows it was signed for. That is how bad it can be.

Secondly I would like to point out that the amount of discrepetency may seem like a lot of money to most folks. $37,000 seems like a lot doesn't it? Well I can guarantee you that with the amount of money that a guy who is being considered for that position makes, it is a drop in the bucket, probably not even a few percent of what he earns in a year. Probably less than 1% actually. So to us it seems like a lot. Not to the rich.
 
hasoos said:
Actually I think it is totally overblown. If you have ever been in tax litigation or negotiation with the IRS after being audited, it can literally take years to get it straightened out, and the communication with the agency is poor, at best. Put it this way. I was audited in late 2007, and the back and forth with them, what is owed, and what is not owed, is still going on to this day. I am still waiting for feeback from them from out last round of communication. I have had to extend several times because they have not got their shit together. One round of paperwork, they claimed they never received even though I have a receipt for it from the US postal service that shows it was signed for. That is how bad it can be.

Secondly I would like to point out that the amount of discrepetency may seem like a lot of money to most folks. $37,000 seems like a lot doesn't it? Well I can guarantee you that with the amount of money that a guy who is being considered for that position makes, it is a drop in the bucket, probably not even a few percent of what he earns in a year. Probably less than 1% actually. So to us it seems like a lot. Not to the rich.
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They IMF gives their contracted employees that money SPECIFICALLY to pay taxes, since IMF doesn't tax their contracted employees. Employees have to sign a contract that states that the money will be used to pay taxes.

I don't see how it is overblown considering the above, and I also don't see how it can be overblown considering the guy is going to oversee the freaking IRS????!!!!
 
I think the lesson is that the tax code needs to be simplified if the secretary of the treasury can't do his taxes. Perhaps Mr. Geithers will pass that advice along to his new boss, but I wouldn't hold my breath expecting improvements.
 
MikeDC said:
I think the lesson is that the tax code needs to be simplified if the secretary of the treasury can't do his taxes.
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Amen to that.

Perhaps Mr. Geithers will pass that advice along to his new boss, but I wouldn't hold my breath expecting improvements.
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Of that I'm not so sure. A lot of pretty liberal European countries have made huge strides to simplify their tax code over the past decade. They say only Nixon could go to China. Maybe only Obama could fix the tax code.

After, of course, he finishes parting the Red Sea. :)
 
Another historic first for the Obama administration. The first confessed tax cheat to become Treasury Secretary.

Aim high, America!
 
AgentDrazenPetrovic said:
This is all fodder for the Fair Tax!
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I'm sure the IRS will understand if any of us evade our tax responsibilities. Call it the Geithner Deduction.

I still can't quite wrap my brain around the idea that a guy who knowingly ducked his tax responsibilities is now in charge of the IRS. I wonder how Wesley Snipes feels about this?
 
Where was this outrage when Bush was appointing every jackass who snorted a line of coke with him in college?

-Pop
 
SodaPopinski said:
Where was this outrage when Bush was appointing every jackass who snorted a line of coke with him in college?

-Pop
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What does Bush have to do with Obama appointing a confessed tax cheat as the Treasury Secretary. The Bush comparisons are sooooo January 19th...
 
SodaPopinski said:
Where was this outrage when Bush was appointing every jackass who snorted a line of coke with him in college?

-Pop
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Yep, that was the one thing that didn't exist during the Bush Administration: Outrage.:lol:
 
maxiep said:
Yep, that was the one thing that didn't exist during the Bush Administration: Outrage.:lol:
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Totally missing the point has obviously become your thing.

I was laughing at the token conservatives on this board who are outraged over this appointment. It's just funny to me that they are suddenly concerned about the integrity of government appointments when the last president spent the majority of his eight years wiping his ass with the Constitution and pissing all over any attempt at integrity in who he appoints to key positions.

-Pop
 
As a symbol, it's a sour note to begin an administration on, particularly if you hope to instill some confidence in your ability to lead the nation into financial recovery.

By the time Dubya left office, there were 8,376 different obnoxious things to hold against him. There were 3,452 obnoxious things about Clinton at the end of his term.

I'd say this appointment may push Obama into the double digits of obnoxious things for me.

I just want Obama to finish 2009 without going into triple digits. But I'm probably setting my expectations too high.
 
SodaPopinski said:
Totally missing the point has obviously become your thing.

I was laughing at the token conservatives on this board who are outraged over this appointment. It's just funny to me that they are suddenly concerned about the integrity of government appointments when the last president spent the majority of his eight years wiping his ass with the Constitution and pissing all over any attempt at integrity in who he appoints to key positions.

-Pop
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I'm sorry, but did you consider me to be outraged? Mostly, I'm amused. I'm waiting to hear all about the Bush appointments who violated the very laws that they were appointed to oversee. I love the language of those on the left when it comes to the Constitution. You all clearly have no problem with expanding the very notion of "life, liberty and the pursuit of happiness" to include any whim that occurs to the judiciary. I find it ironic that only the left get to change and expand the Constitution.
 
Confirmed with 100% of Democrats voting in favor of an admitted tax cheat.

This is going to be fun (or horrible).
 
maxiep said:
I'm sorry, but did you consider me to be outraged? Mostly, I'm amused. I'm waiting to hear all about the Bush appointments who violated the very laws that they were appointed to oversee. I love the language of those on the left when it comes to the Constitution. You all clearly have no problem with expanding the very notion of "life, liberty and the pursuit of happiness" to include any whim that occurs to the judiciary. I find it ironic that only the left get to change and expand the Constitution.
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I thought that Bush rescinded the Constitution.

Or at least did irreparable harm that impacted each and every right that every American enjoyed?

Isn't that what some people have been bitching about for years now?

Ed O.
 
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