Comments on: Obama’s Treasury Secretary: Tax rules for thee, but not for me; Update: Link to Senate Finance Cmte docs added

By: Barb’s Blog » Confusing Contradictions

Barb’s Blog » Confusing Contradictions — Tue, 27 Jan 2009 15:03:15 +0000

[...] Geithner simply cannot explain why he failed to his self-employment taxes four separate years despite routine notification by the IMF and the feds. Basically, we are in a financial system meltdown, and Obama decides to put someone who failed to pay his taxes in charge of the cleanup – and in charge of oversight of the IRS! [...]

By: Geithner’s Rap Sheet « FactReal

Geithner’s Rap Sheet « FactReal — Tue, 27 Jan 2009 02:52:38 +0000

[...] ○ did not paid some $42,000 in federal taxes from 2001 through 2004 while working for the Internationa… [...]

By: Michelle Malkin » Orrin Hatch hearts Geithner

Michelle Malkin » Orrin Hatch hearts Geithner — Mon, 26 Jan 2009 16:27:33 +0000

[...] “Competent” my $%#. [...]

By: Expose The Media » Don’t Be Fooled By Bias Reporters and Stupid Politicians; Obama’s Choice for Treasury Secretary is a Tax Cheat

Mon, 26 Jan 2009 06:04:27 +0000

[...] the fact that his immigrant housekeeper’s work authorization papers had expired, …READ MORE [...]

By: It's My Blog

It's My Blog — Sun, 25 Jan 2009 22:45:23 +0000

Obama’s Latest Cabinet Picks…

Having recently appointed long-time tax cheat Timothy Geithner as the Treasury Secretary, I thought it would be pertinent to take a look at some of Obama’s other picks in his first week:…

By: Michelle Malkin » Geithner’s tax troubles are not a “triviality”

Mon, 19 Jan 2009 20:32:05 +0000

[...] a look at his Citi bailout track record. That “inspires [...]

By: A Socialist and a Tax Cheat: Change We Can Believe In.

A Socialist and a Tax Cheat: Change We Can Believe In. — Wed, 14 Jan 2009 21:05:36 +0000

[...] Two of Barack Obama’s recent appoints include a socialist one-world government type to lead the Administration’s agenda on climate change and a tax cheat to head the Federal Treasury and IRS. [...]

By: Elm Creek Smith

Elm Creek Smith — Wed, 14 Jan 2009 18:03:49 +0000

On January 14th, 2009 at 1:13 am,

robert537 said:
Re: the proposed (pre-confiscation) gun law… (and the bailout, looming socialized medicine, looming amnesty, surrender of national sovereignty, etc) – have people in any state started thinking about secession? I don’t think that idea is so far-fetched anymore.

I’m not looking to secede. I figure to run those polecats off or ride ‘em outta town on a rail…after the tar an’ feathers.

ECS

By: Impeach Barack Hussein Obama: Michelle Malkin: Hussein's Treasury Secretary: Tax rules for thee, but not for me; Update: Link to Senate Finance Cmte docs added | Impeach Barack Hussein Obama.US Blogs

Wed, 14 Jan 2009 13:08:18 +0000

[...] and a higher price for Wachovia shareholders. Posted in: Barack Obama, Immigration Send to a Friend Printer Friendly comments (95) trackbacks [...]

By: Do as I say, not as I do « Right Minded Online

Do as I say, not as I do « Right Minded Online — Wed, 14 Jan 2009 10:38:35 +0000

[...] Michelle Malkin » Obama’s Treasury Secretary: Tax rules for thee, but not for me; Update: Link to…. [...]

By: links for 2009-01-14 | FullosseousFlap's Dental Blog

links for 2009-01-14 | FullosseousFlap's Dental Blog — Wed, 14 Jan 2009 08:05:33 +0000

[...] Obama’s Treasury Secretary: Tax rules for thee, but not for me They were just honest mistakes, really. [...]

By: More trouble in Obamatopia « America, You Asked For It!

More trouble in Obamatopia « America, You Asked For It! — Wed, 14 Jan 2009 07:06:33 +0000

[...] Obama’s pick to lead the Treasury Department, Timothy Geithner, thought he could get away without paying self-employment taxes for a few years. Of course the Obama team and Geithner explain it as a misunderstanding, but [...]

By: robert537

robert537 — Wed, 14 Jan 2009 06:13:11 +0000

Re: the proposed (pre-confiscation) gun law… (and the bailout, looming socialized medicine, looming amnesty, surrender of national sovereignty, etc) – have people in any state started thinking about secession? I don’t think that idea is so far-fetched anymore.

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation. – Declaration of Independence, July 4, 1776

By: robert537

robert537 — Wed, 14 Jan 2009 06:12:33 +0000

My other half got a little behind on taxes and is diligently paying the IRS the taxes due plus interest on an installment agreement (and the amount involved is a lot less than this guy spends on servants).

I suggested to him that he just stiff the IRS for a few years – after all if the president of a Federal Reserve Bank and SecTreas nominee can’t figure out and pay his taxes…

He doesn’t think he could get the same leniency.

By: BuckeyeSam

BuckeyeSam — Wed, 14 Jan 2009 05:50:33 +0000

Sorry, a bit off topic, but does anyone expect from Obama?

About the time Obama and his wife bought their home, Obama purchased a slice of land from Mrs. Rezko. Obama paid her $104,500 for it, but the land was appraised at $40,500. I read those figures in WaPo article (and an earlier entry on this blog), and the appraisal was specifically mentioned in that article and in an interview with Obama last spring.

What’s the point? Obama paid $64,000 more than the property was worth. You can’t chalk it up to a bad business deal, because he had the appraisal. So where’s Obama’s federal gift tax return (Form 709) reporting the taxable gift. The return would show a small amount of gift tax payable, but no gift tax would be currently payable because the tax payable would be offset by his exemption equivalent amount.

The federal gift tax tracks lifetime taxable gifts. Obama is delinquent in filing the return. Beyond that, the question becomes why is Obama making a $64,000 gift to Rezko’s wife?