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Edited 1 time(s). Last edit at 02/26/2012 12:40AM by Alias.

You have my permission--don't even bother filing and if anybody asks just tell them I said it was okay.

Alias Wrote:
> I guess this means we can all skip paying taxes
> for 4 years? Yippee!!

Alias Wrote:
-------------------------------------------------------
> It's official.
>
> We now have a tax cheat as Secretary of the
> Treasury.

We have a guy who screwed up on his taxes because the tax code is too convoluted. Maybe it will actually be simplified now.

> Timothy Geithner didn't pay his taxes
> for the years 2001-2004.

That's just a false statement. He did pay his taxes. He didn't account for the part of the taxes that are normally paid by employers. Even though this was explained to him by the IMF, the fact is he hadn't worked as an independent contractor before, so it isn't surprising he was unsure of what to do, even with the IMF's explanation. He is guilty of being dumb enough to do this stuff without a CPA or tax attorney.

> When he was contacted by
> the IRS in 2006, he paid a portion of the back
> taxes but most of the past-due taxes were paid a
> few days before Obama named him as the Treasury
> Secretary, a position which oversees the I.R.S.

When he was contacted by the IRS, he paid the portion that the IRS said was due. There is a statute of limitations of three years on what the IRS can collect. Technically speaking, he didn't have to pay the prior year taxes and penalties. Any good CPA or tax attorney would tell him not to worry about it since the IRS didn't ask for it. I seriously doubt anybody on this forum would have volunteered to pay for those years, either.

> Most of the Democrats dismiss his tax evasion as a
> minor issue.
>

It is. The evasion wasn't intentional. If the IRS had determined it was, it would have taken stronger action.


> I guess this means we can all skip paying taxes
> for 4 years? Yippee!!


Go ahead. That's not what Geithner did. I will laugh if you end up in jail.

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Edited 1 time(s). Last edit at 02/26/2012 12:38AM by Alias.

"We have a guy who screwed up on his taxes because the tax code is too convoluted. Maybe it will actually be simplified now. "

I'll be sure to use that one next time I break the law.


Do as I say, not as I do.

Government in action.

He paid all taxes with fines and interest...if thats the example you want to follow...fine, do it!



Edited 1 time(s). Last edit at 01/28/2009 04:44PM by Vince(1).

Vince(1) Wrote:
-------------------------------------------------------
> He paid all taxes with fines and interest...if
> thats the example you want to follow...fine, do
> it!


Now vince. You know you'd have a raging hard about this on if this guy was Republican appointee starting a thread about teh Republikans!

Here's a question for you. Would he have done this if it wasn't for his recent appointment? Me thinks not. I'm sure you think he would though, out of the kindness and goodness of his heart.

Mofo Wrote:
-------------------------------------------------------
> Here's a question for you. Would he have done this
> if it wasn't for his recent appointment? Me thinks
> not. I'm sure you think he would though, out of
> the kindness and goodness of his heart.

How dare you insinuate that a Democrat politician be dishonest?

A pox upon you!

I'm going to write TAX CHEAT below his name when the new bills come out. I suggest everybody do the same. Ralph

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Edited 1 time(s). Last edit at 02/26/2012 12:22AM by Alias.

Add Daschle to the ever-growing list. Hilarious!

He paid tax and interest .... where are the penalties for these frauds???? Late Payment penalty = 25% of tax due .... Pay Up!

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Edited 1 time(s). Last edit at 02/26/2012 01:30AM by Alias.

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Edited 1 time(s). Last edit at 02/26/2012 01:27AM by Alias.