Geithner-Daschle-Rangel tax simplification act of 2009
Republicans need to start acting in a principled bipartisan manner. Two Obama nominees and the chairman of the House Ways and Means committee turn out to have misfiled their taxes, and the Republicans are doing nothing to help these pour souls.
That includes Timothy Geithner, who’ll be running the IRS. If he can’t do his taxes, who can? It’s time for the Geithner-Daschle-Rangel tax simplification act of 2009. If Republicans want to stand on principle, they can introduce tax laws so simple that even a politician can understand them.
- House Ways & Means Chair Rangel Failed to Report $75k Rental Income From Second Home
- “The New York Times reports that House Ways & Means Committee Chair Charles Rangel has failed to report an interest-free loan and over $75,000 in rental income on his second home at the Puntacana Resort & Club in the Dominican Republic.”
- Geithner Was Reimbursed By Government For Taxes He Forgot To Pay
- “At the end of the tax allowance form were the words, ‘I hereby certify that all the information contained herein is true to the best of my knowledge and belief and that I will pay the taxes for which I have received tax allowance payments from the Fund.’ Geithner signed the form. He accepted the allowance payment. He didn’t pay the tax. For several years in a row.”
- Geithner as good at job as he is at taxes
- “The most humiliating aspect of Timothy Geithner’s first embarrassing display of incompetence as Treasury Secretary isn’t the fact that he almost touched off an international incident and a trade war with a major, if troublesome, US partner. It’s that Joe Biden had to clean up after him.”
- Whopsie! Daschle's Tax Problems Are More Extensive Than First Thought
- “Looks like Daschle has a bigger problem than not paying taxes on the gift of a car and driver. He didn’t report consulting income and claimed charitable contributions that didn’t qualify. All in all he had to pony up an extra $140,000 in payments and interest.”
- Scandals show need for limited government
- “Given how poorly many of our national political leaders handle the perks and purse strings they already control, we should think twice before giving them free rein to exponentially expand government and manage even more of our money.”
More taxes
- Simple, obvious, and unobstructive: minimize the value-minus of taxes
- There is no value-added in taxes, but we can minimize the loss of value.
- Tax individuals, not organizations
- Taxes on businesses are just a way of hiding taxes so that people don’t know they’re being taxed.
- What does 1.2 trillion dollars buy?
- What can you get for 1.2 trillion nowadays? How about two and a half years of no employer-side payroll taxes?
- My Pet Crisis
- Someone needs to send President Obama a copy of The Pet Goat. Panic is not the right response to a financial crisis.
- Even the experts can’t do their taxes
- When even the head of the I.R.S. can’t do his own taxes, it’s time to simplify them.
- Nine more pages with the topic taxes, and other related pages