Cabinet investigations uncover a den of Tax Cheats

Tax problems start at the top of the IRS's with Timothy Geithner. Following his lead Tom Daschle became tax cheat to many to use the Oval office.

But the story does not end there; Nancy Killefer (Chief Performance Officer - whatever that is) bowed out. without getting much attention. and Hilda Solis' nomination became snagged by tax problems.

Other tax fallouts appear to include Caroline Kennedy; who dropped out of becoming the Senator of New York as the story was being uncovered.

What others are saying

Washington Post
Obama's Economic Policies Skirt Abuse of Power
It's easy for President Obama to be a bold leader, given his administration's "careless regard for constitutional values" and burgeoning "tincture of lawlessness," writes George Will in the Washington Post. Obama is pursuing a dependency agenda, he argues, "maximizing the number of people and institutions dependent on the federal government." He recently threatened to withhold California's stimulus money, for example, if the state didn't reinstate a costly, corrupt program to care for the elderly.

The administration has demanded that Chrysler's secure creditors take 23 cents on the dollar, and never mind the contracts that say they outrank the labor unions. Contracts are nothing to Obama. The TARP and stimulus haven't been used for their stated purposes; they're just slush funds Obama can lavish on his political favorites. "The administration's central activity--the political allocation of wealth and opportunity--is not merely susceptible to corruption," Will argues, "it is corruption."

Source: Washington Post

Boom 2 Bust
Tax-Challenged Obama Nominees Setting Bad Example?
The high-profile tax missteps of three of the Obama administration's key nominees could make it more difficult for the IRS to enforce the law, tax preparers and academicians say.

Numerous studies have shown that taxpayers are less likely to comply with the law if they believe other taxpayers are cheating, ...

Michelle Malkin
Does anyone know how to pay taxes in the Obama White House?
Nancy Killefer, who failed for a year and a half to pay employment taxes on household help, has withdrawn her candidacy to be the first chief performance officer for the federal government, the White House said Tuesday.

Killefer was the second major Obama administration nominee to withdraw and the third to have tax problems complicate their nomination after President Barack Obama announced their selection.

The White House said Obama had accepted Killefer's decision and that the 55-year-old executive with consulting giant McKinsey & Co., would explain her reasons for pulling out later Tuesday.

[...]

No Compromise When it Comes to Being Right!
The FairTax - "So Easy, A Cabinet-Nominee Could Do It"
If we take the former Health and Human Services nominee, the secretary of the Treasury and the chairman of the House Ways and Means Committee at face value, federal taxes owed but not paid by each are really an indictment of the income tax system itself.

Given the complexity of the tax code, their explanations are not entirely without the ring of truth.

But when the chairman of the congressional committee that writes federal tax laws, the man responsible for running the IRS ...

Moonbattery
Disgraced Tax Cheat Tom Daschle on Enforcing Tax Laws
[video]

... I wonder how he feels about fellow tax cheat Tim Geithner still getting to be Treasury Secretary. ...

Hyscience
From tax cheats and unethical lobbying to porn pushers
First we get a former governor of New Mexico that has to bow out over possible participation in illegal pay-to-play scams. Then we get a series of tax cheats offered up for various positions on Obama's cabinet and in his administration. Then we find out that Obama has "relaxed" his rules against lobbyists and hired a slew of them -- with one of them,

Curmudgeon's Corner
Democrats and taxes. Uh ... what?
It's viral, I tell ya ... VIRAL! Somebody better get VP Joey "Hairplugs" Biden to comment on this - being that he said paying taxes is "patriotic" and all. So is he accusing his fellow libtards of being UN-patriotic? This is the 4th case now of libtards not paying taxes - 3 of Zero's cabinet choices, and then don't forget Charlie "never met a white man I liked" Rangel - the senior member of the House committee that WRITES the tax code! WTF, over?

...

There's My Two Cents
A New Day, A New Tax Dodger
Yes, it's true, there's another one. Not only did Hilda Solis have connections to a lobbyist firm that lobbied...herself...but her appointment as Obama's Labor Secretary is now in even more hot water due to revelations of her own tax problems:

A Senate committee today abruptly canceled a session to consider President Obama's nomination of Rep. Hilda Solis to be labor secretary in the wake of a report saying that her husband yesterday paid about $6,400 to settle tax liens against his business -- including liens that had been outstanding for as long as 16 years. ...

INTROMAGAZINE
Tax Turkey Awards Given Out To Caroline Kennedy, Rep. Charles Rangel, Treasury Secretary Timothy Geithner, And Others
Caroline Kennedy:

Quit her bid for Senate seat due to "personal" reasons, including "tax" problems. Sources cite that Kennedy ended her campaign for Hillary Clinton's vacant Senate seat due to "potentially embarrassing" situations with tax liabilities and employment with nanny. Ms. Kennedy's only tax issue on the public record appeared to be a $615 city tax lien that she settled in 1994, a minuscule amount for a multimillionaire. ...

Strata Sphere
Nancy Killefer (Chief Performance Officer - whatever that is) bowed out - Tax Problems
Two self admitted tax cheats have withdrawn their names from consideration for top jobs in the Obama administration. Tom Daschle (HHS Secretary) and Nancy Killefer (Chief Performance Officer - whatever that is) bowed out. Good riddence. ...

Michelle Malkin
Another snort-inducer: Obama to crack down on tax cheats
Treasury Department tax cheat Tim Geithner already announced this knee-slapper initiative in March. The White House follows up today with the details of the crackdown on corporate tax cheats:

... President Obama on Monday spelled out his plans to close corporate tax loopholes on U.S. multinational corporations and crack down on overseas tax havens.

The goal is to help create new jobs in the United States and make the tax code fairer.

But tax policy experts and corporate lobbyists say such measures, unless accompanied by a reduction in the corporate tax rate, will push more companies to move their operations -- and jobs - overseas to more tax friendly countries.

The White House and Treasury Department laid out three proposals that they say will eliminate the current tax advantages U.S.-based multinationals get for investing and creating jobs abroad. ...

[...]

The Next Right
Obama's Tax 'Credit': Old People and Families Hardest Hit
That tax "credit" may cost you next April!

President Obama was praised by the Old Media as the savior of the American taxpayer when he announced in his magnanimity that he was going to give a tax break to "95 percent" of America's taxpayers. He was hailed as the hero of the working man when he said that a "tax credit" would be given to taxpayers and that this much needed "extra" money would soon be seen in their weekly paychecks. But now comes word that Obama's IRS is going to want some of that "tax credit" back from an unknown number of taxpayers next year.

It will come as a shock to two income families, some federal workers, retirees, and young people with more than one low paying job that they will be expected to give back some portion of that "extra" money that Obama claimed he was giving them come April 15, 2010.

The Associated Press is now reporting something that insiders knew all along but it was a story that wasn't getting any traction during the debate about the Obammessiah's loving gift to his people. Turns out it ain't free. At lest it won't be for many Americans.

At-risk taxpayers include a broad swath of the public: married couples in which both spouses work; workers with more than one job; retirees who have federal income taxes withheld from their pension payments and Social Security recipients with jobs that provide taxable income.

Where was this warning when the media was hailing Obama as the most caring father to ever hit the nation's capitol?

As it happens the tax tables that the IRS use to compute tax bills does not take Obama's gift into account. And the result is confusion as well as shock for untold numbers of Americans that will owe taxes at the end of the year when they didn't think they would. This bill will come due if you aren't careful calculating your withholdings.

--A single worker with two jobs making $20,000 a year at each job will get a $400 boost in take-home pay at each of them, for a total of $800. That worker, however, is eligible for a maximum credit of $400, so the remaining $400 will have to be paid back at tax time -- either through a smaller refund or a payment to the IRS.

The IRS recognized there could be a similar problem for married couples if both spouses work, so it adjusted the withholding tables. The fix, however, was imperfect.

-- A married couple with a combined income of $50,000 is eligible for an $800 credit. However, if both spouses work and make more than $13,000, the new withholding tables give them each a $600 boost -- for a total of $1,200.

There were 33 million married couples in 2008 in which both spouses worked. That's 55 percent of all married couples, according to the Census Bureau.

-- A single college student with a part-time job making $10,000 would get a $400 boost in pay. However, if that student is claimed as a dependent on a parent's tax return, she doesn't qualify for the credit and would have to repay it when she files next year.

Some retirees face even bigger headaches.

The Social Security Administration is sending out $250 payments to more than 50 million retirees in May as part of the economic stimulus package. The payments will go to people who receive Social Security, Supplemental Security Income, railroad retirement benefits or veteran's disability benefits.

The payments are meant to provide a boost for people who don't qualify for the tax credit. However, they will go to retirees even if they have earned income and receive the credit. Those retirees will have the $250 payment deducted from their tax credit -- but not until they file their tax returns next year, long after the money may have been spent.

Retirees who have federal income taxes withheld from pension benefits also are getting an income boost as a result of the new withholding tables. However, pension benefits are not earned income, so they don't qualify for the tax credit. That money will have to paid back next year when tax returns are filed.

More than 20 million retirees and survivors receive payments from defined benefit pension plans, according to the Employee Benefit Research Institute. However, it is unclear how many have federal taxes withheld from their payments.

What you need to know about the Clintons