Obamanomics 101
-
Scott Player said:
If this was the regular working class stiff they would be inprison for tax evasion.And Obama said the other day that this shouldn't matter because it is "undisputable and that he is the best man to fix our economy".
So a tax scafflow (sp) is ready to become Secretary of the Treasury???????
Hmmmmmmmmmmm.
If the shoe was on the other foot. Then again, some believe Obama is super-human and can do no wrong.
A very sad state IF this man gets accepted. Obama should revoke his nomination AND he should take himself out of contention.
A very sad state IF this man gets accepted. Obama should revoke his nomination AND he should take himself out of contention.
Agreed. And I'm all for the notion of hiring "reformed hackers to run IT security," but if Geithner got caught by the IRS he's not the best & brightest to fix anything.
Even Wesley Snipes was able to slide under the radar for 6 or more years..
-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess.
Probably planned that way.
If anybody could figure this shit out they'd be even more pissed.

WSS
-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
Ah, the voice of reason...
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
Damn you, Toop

-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
Ah, the voice of reason...
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
Damn you, Toop

Aloysius said:
Ah, the voice of reason...Damn you, Toop

I had to get a shot in.

Regardless of what you think about the last sentence, the criticism of the tax code is certainly warranted.
-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
Great post, Toop. Good to have another voice of reason back to see if we can use this place again.
And I'd like to add that if anyone else on here has ever tried to pay their SE tax on their own before and NOT screwed it up, you deserve kudos. And the right to throw the first stone at this guy.
Otherwise, it is what it is. The guy screwed up and paid the price.
-
I still think it is strange you are making the guy SECRETARY OF THE TREASURY when he made such a BIG mistake. Kind of strange that none of you except a few see it that way. Must be the kool aid?
-
It is the Kool-Aid there are some who are so partisan that they see the speck in your eye while there is log in their own.
-
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
He wasnt purposefully evading taxes. The stuff he missed wouldntve been caught by prompts in any of the most widely used tax software. And, no, other people would not have been put in prison for this; they wouldve been charged interest and a fine, just like Geithner was.
"Geithner paid the back taxes plus interest for the years 2003 and 2004 after being audited by the Internal Revenue Service. But he did not pay taxes he owed for 2001 and 2002, even though he had made the same mistakes for those years, until shortly before he was nominated by Obama last November to be treasury secretary"
I'd like to know more about that part of the story before I absolve him of any wrongdoing.
And hopefully the Wesley Snipes bit indicated I wasn't completely serious.
Maybe I was too hard on Rev. Lowery.

If there is a lesson here, it's that our tax code is an absolute mess. Obama's best and brightest cant even figure out their personal tax liability. But dont worry, Obama has a plan to add more credits, raise more obscure rates, and introduce progessivity to more types of income tax.
Agree totally.
-
Seriously?
http://thecaucus.blogs.nytimes.com/2009/01...tax-problem/?hp
President Obama’s pick for secretary of health and human services, Tom Daschle, filed amended tax returns and paid more than $100,000 in back taxes on Jan. 2, administration officials said on Friday...
An administration official said that Mr. Daschle had paid $31,462 in back taxes and interest for 2005, $35,546 for 2006 and $34,935 for 2007.
-
Unbelievable. Just... that.
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login