The Mudcat Café TM
Thread #119684 Message #2598845
Posted By: Sawzaw
27-Mar-09 - 04:51 PM
Thread Name: BS: Where's the first 350 BILLION Mr.Paulson
Subject: RE: BS: Where's the first 350 BILLION Mr.Paulson
During the presidential campaign, Joe Wurzelbacher became a hot news story because he got Barack Obama to say that he wants to spread the wealth around. Better known as Joe the Plumber, the Toledo, Ohio, laborer became the target of criticism because he might damage Obama's campaign.
One of the outrages was that Wurzelbacher was a tax cheat because, it was revealed by ABC News, he had a tax lien of $1,182 for back Ohio state taxes.
Timothy Geithner, defrauded the government of thousands in payroll taxes while working at the International Monetary Fund. The IMF does not withhold such taxes but does compensate American employees who must pay them out of pocket. Geithner took the money, signed a form that said he was aware thet he had to pay taxes on the money and he would do so but the did not report it. He also tried to deduct his kid's summer camp as a business expense, He then blamed it on his ignorance of Turbo Tax.
When the IRS caught his evasion in 2003 and 2004, he decided to use the statute of limitations to avoid paying the thousands of dollars he also failed to pay in 2001 and 2002, until he was nominated to become treasury secretary.
One standard for plumbers and another standard for Treasury Secretarys.