Easy to explain | 1:25 a.m. Feb. 3, 2009
This proves Daschle and Guenther are part of the 9% who thinks it is ok to cheat on taxes! What is most interesting to me is, what are the odds that 2 of the apparent 9% would both end up on Obama's cabinet? Interesting isn't it?
You don't understand | 5:46 a.m. Feb. 3, 2009
Non-payment of taxes is OK if you advocate for higher taxes on everyone else. The amount of taxes not paid by Geithner and Daschle is small compared to the amount of taxes they want to increase on everyone else. So, if your goal is to make sure government gets it s fair share of its money, you overlook these trivial amounts and focus on the increases that these two will will advocate for.
tax accounting | 10:01 a.m. Feb. 3, 2009
It might help if the government did not undertake to monitor the entire adult population of the country. Sales taxes on luxuries would be fair IMO and much easier to track.

There are many businesses in the US but many more people. Then again not all businesses deal in luxuries. I know this does not address dishonest officials etc; I'm against them.
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Anonymous | 10:02 a.m. Feb. 3, 2009
I'm reminded of then governor Ronald Reagan giving a speech were he said that taxes should hurt. Four weeks later it was leaked Reagan paid no taxes that year.

I was asking a multimillionaire I know about the new jet he had ordered. He had canceled the order after making a 10k deposit. He didn't loose 10K because he wrote it loss as a lost against his LLC. His tax liability was just cut.

Jim is skiing in Vail. It's not a ski vacation. It's a business trip. Jim owns no house or car. His corporation does as write offs. When Jim and I talk over beers, we split our tap but Jim keeps he receipt to write it off.

I know a painter. He never fills in the address block. He works for people with rentals. They paint there home and write the job off against their rental.

We have Utahans worrying about higher taxes for those who have never had to pay on all their come while these Utahan are taxed on their earned income.

Do you think Kennedy would pass a tax law to take the family's wealth?
taxman | 2:09 p.m. Feb. 3, 2009
I am not stupid enough to believe that a rich polition would actually raise taxes on himself or his friends. Why would the CEOs actors, and the rest of the rich vote or support such a person?

Do I think the Kennedys would pass a law to take a families welth? NO. They were and still are the wealthy. I do believe that the Kennedys along with the rest of the polititans will raise taxes on the middle class. The working man.

The poor pay no taxes, they have no income. The rich do pay some taxes, after $128,000 is a lot of money to most of us. To Mr. Daschle it was just pocket change.

PAY ON.

The Facts | 3:43 p.m. Feb. 3, 2009
The Senate documents said that Mr. Geithner had prepared his own taxes in 2001 and 2002. However, an accountant reviewed his 2001 return and also failed to catch the mistake. In 2003 and 2004, he used an accountant who advised him that he was exempt from self-employment taxes.

The I.R.S. has noted that many employees of international organizations, including foreign embassies and consular offices, have made mistakes in filing their taxes. For example, an I.R.S. notice in 2006 said that up to half of such employees had incorrectly filed their tax returns, making errors like failure to pay self-employment taxes. The I.R.S. offered a one-time settlement to resolve these issues.

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