Obama '08?

@roger,

I wager a lot of the appointees have relatively complex tax returns. A few years back, a fairly complex tax situation was developed to test 50 tax preparers, which included numerous CPA's. Only one preparer completed a perfectly accurate return. This should be considered when judging public officials who owe tax.

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@roger,

Possbibly, that was my thought as well, but it is still a fairly large error. Any politician should know that speaking fees need to be accounted for, after all it is very commonplace and universally understood, or it should be. I am not that impressed that it was a mere slipup, but yes, Geithner and Dashchle are more serious offenders.

Meanwhile Magginkats great defense is to dredge up some obscure evidence that conservatives buy more pornography, which is a crock most likely, I did not bother to read her article, I certainly don't buy it. Pathetic.

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@Advocate,

Advocate wrote:

Considering the right's great interest in porn, I am surprised they have the time to post so much.

Get a life, Advocate, can't you find something intelligent to post?

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Sounds like someone stroked a nerve... Laughing

Cycloptichorn

1 Reply

@Advocate,

Advocate wrote:

I wager a lot of the appointees have relatively complex tax returns. A few years back, a fairly complex tax situation was developed to test 50 tax preparers, which included numerous CPA's. Only one preparer completed a perfectly accurate return. This should be considered when judging public officials who owe tax.

And they should have competent tax advisors, don't you think? You lower yourself when you become an apologist for obvious incompetence or corruption.

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@Cycloptichorn,

Cycloptichorn wrote:

Sounds like someone stroked a nerve...

Cycloptichorn

Its the liberal world that cries freedom of speech for pornography, so if you want to blame anybody, blame yourself and the industry.

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@okie,

okie, You really don't listen do you? They were "competent" tax preparers, and only one was able to arrive at the actual taxes due.

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@okie,

I don't agree with you that censorship is the answer. That is violative of the first amendment.

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@okie,

okie wrote:

Advocate wrote:

I wager a lot of the appointees have relatively complex tax returns. A few years back, a fairly complex tax situation was developed to test 50 tax preparers, which included numerous CPA's. Only one preparer completed a perfectly accurate return. This should be considered when judging public officials who owe tax.

And they should have competent tax advisors, don't you think? You lower yourself when you become an apologist for obvious incompetence or corruption.

After the last 8 years of Bush, how low are you, Okie? In the mud, on your belly, with the worms? For you were a continual and constant apologist for the worst incompetence and corruption and everyone here knows it.

Cycloptichorn

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@okie,

okie wrote:

Cycloptichorn wrote:

Sounds like someone stroked a nerve...

Cycloptichorn

Its the liberal world that cries freedom of speech for pornography, so if you want to blame anybody, blame yourself and the industry.

What do you mean 'blame?' We're not the ones who rail against it, but the religious right is - while happily engaging in those same behaviors themselves in secret.

Cycloptichorn

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@Advocate,

Advocate wrote:

I wager a lot of the appointees have relatively complex tax returns. A few years back, a fairly complex tax situation was developed to test 50 tax preparers, which included numerous CPA's. Only one preparer completed a perfectly accurate return. This should be considered when judging public officials who owe tax.

Except that the issues confronting Sen Tom Daschle and our new Treasury secretary were quite elementary, involving the failure to report both consulting fees and the imputed income associated with a chauffered vehicle available 7 days a week in the case of Daschle; and the failure to report or pay taxes on income from an international institution in the case of Geitner. Both are rather obvious things, well-known to most taxpayers

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@georgeob1,

georgeob1 wrote:

Except that the issues confronting Sen Tom Daschle and our new Treasury secretary were quite elementary, involving the failure to report both consulting fees and the imputed income associated with a chauffered vehicle available 7 days a week in the case of Daschle; and the failure to report or pay taxes on income from an international institution in the case of Geitner. Both are rather obvious things, well-known to most taxpayers

It's hard to argue with this. Both folks knew exactly what they were doing when they chose not to pay taxes. Both knew that the chance of getting caught was minimal, so they rolled the dice. That others do it also does not mean that these guys are off the hook.

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@georgeob1,

georgeob1 wrote:

Advocate wrote:

I wager a lot of the appointees have relatively complex tax returns. A few years back, a fairly complex tax situation was developed to test 50 tax preparers, which included numerous CPA's. Only one preparer completed a perfectly accurate return. This should be considered when judging public officials who owe tax.

Except that the issues confronting Sen Tom Daschle and our new Treasury secretary were quite elementary, involving the failure to report both consulting fees and the imputed income associated with a chauffered vehicle available 7 days a week in the case of Daschle; and the failure to report or pay taxes on income from an international institution in the case of Geitner. Both are rather obvious things, well-known to most taxpayers

I suppose the difference in this case is that the gentlemen in question - and I wish Geithner had been thrown to the dogs and replaced with someone who would nationalize the goddamn banks instead of pussyfooting around - were failing to pay taxes on items they personally gained something from. On the other hand, this latest fellow was donating money to charity and got the taxation aspect of that screwed up. Hard to see how he could do that for personal gain, and it's easier to forgive.

Cycloptichorn

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@georgeob1,

I would agree with you regarding Geithner, who surely got good advice from the international organization by which he was employed.

Daschle, I think, probably mounted a fairly good argument that the use of the vehicle was a nontaxable gift. The IRS, I guess, could show a quid pro quo.

1 Reply

I have personally missed reporting both revenue and expenses during the years I did consulting work when my tax return was anywheres from 15 to 20 pages long. That's when we also owned income property and a partnership of a condo at Incline Village at Lake Tahoe.

I'm not trying to excuse other people, but I know I have personally made mistakes on my tax returns. I can't remember how many times the IRS screwed up our tax returns where I had to spend many hours correcting their mistakes.

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engineer wrote:

It's hard to argue with this. Both folks knew exactly what they were doing when they chose not to pay taxes. Both knew that the chance of getting caught was minimal, so they rolled the dice. That others do it also does not mean that these guys are off the hook.

***********************************************************

Of course--I wouldn't be surprised if Obama owes the IRS for the flakey deal he pulled with one of his best friends, Anton Rezko, the convicted political fixer who paid for part of Obama's house. That deal STUNK but the IRS would never investigate the Messiah. Maybe, after 2012 when Obama is uncermoniously voted out by the millions who have lost almost all their retirement money in the stock market.

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@cicerone imposter,

Why don't you apply to be the IRS commissioner?

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George OB 1 wrote:

Except that the issues confronting Sen Tom Daschle and our new Treasury secretary were quite elementary, involving the failure to report both consulting fees and the imputed income associated with a chauffered vehicle available 7 days a week in the case of Daschle; and the failure to report or pay taxes on income from an international institution in the case of Geitner. Both are rather obvious things, well-known to most taxpayers

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@cicerone imposter,

cicerone imposter wrote:

I have personally missed reporting both revenue and expenses during the years I did consulting work when my tax return was anywheres from 15 to 20 pages long. That's when we also owned income property and a partnership of a condo at Incline Village at Lake Tahoe.

I'm not trying to excuse other people, but I know I have personally made mistakes on my tax returns. I can't remember how many times the IRS screwed up our tax returns where I had to spend many hours correcting their mistakes.

Another tax cheat, sheesh, right here on A2K!!!! How is it I am not surprised it is another Democrat, or liberal!!!!!!!

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Obama, instead of minding the store, is going out there or sending his minions like Gibbs out there to attack Limbaugh. Lying of course, claiming Limbaugh wanted the economy to fail. These people are shameless. Any respect I had at the margins is tanking completely. Obama is lying and he knows it. Note, I think Gibbs only says what Obama wants him to.

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