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Look at it this way.............

kolanuraven

Well-known member
With all these ' high power' people having various degrees of ' tax problems'......forget whether they be Dem or Rep for the moment.

Each of them have ' people' who prepare their taxes for them.....prob some of the best accounting firms to be had.

Should there not be a closer review of the Tax Codes


My thought is that there needs to be a MAJOR overhaul of the tax codes so that it's not such a ' Catch-22' .
 

TSR

Well-known member
kolanuraven said:
With all these ' high power' people having various degrees of ' tax problems'......forget whether they be Dem or Rep for the moment.

Each of them have ' people' who prepare their taxes for them.....prob some of the best accounting firms to be had.

Should there not be a closer review of the Tax Codes


My thought is that there needs to be a MAJOR overhaul of the tax codes so that it's not such a ' Catch-22' .

I would be for a review of the tax system. But the way i interpret what has happened is that these guys and probably many others like them were told by their accountants that they owed the taxes. They just hadn't paid them yet. I guess they were just going to pay at their convenience because of their political stature. Any citizen can pay their taxes over time I am told if agreed upon by the IRS.
 

Tam

Well-known member
TSR said:
kolanuraven said:
With all these ' high power' people having various degrees of ' tax problems'......forget whether they be Dem or Rep for the moment.

Each of them have ' people' who prepare their taxes for them.....prob some of the best accounting firms to be had.

Should there not be a closer review of the Tax Codes


My thought is that there needs to be a MAJOR overhaul of the tax codes so that it's not such a ' Catch-22' .

I would be for a review of the tax system. But the way i interpret what has happened is that these guys and probably many others like them were told by their accountants that they owed the taxes. They just hadn't paid them yet. I guess they were just going to pay at their convenience because of their political stature. Any citizen can pay their taxes over time I am told if agreed upon by the IRS.

Geithner was audited by the IRS and was told to pay the taxes and he only paid part of them. He admitted to the Senate he never paid the rest until he was vetted. If fact he never even throught about paying them until he was vetted. What does that say for him?

And as far as the tax code I think they better get somebody besides a Rangel to rewrite it.



September 12, 2008

From the Desk of Judicial Watch President Tom Fitton:

Rangel Nailed Again - Failed to Pay Taxes on Caribbean Resort Property

Charles B. Rangel, Chairman of the House Ways and Means Committee, the committee in charge of writing tax policy for the entire nation, "forgot" to pay taxes on $75,000 income he received from his rental property in the Dominican Republic.

Here's the scoop according to The Washington Post:

Rep. Charles B. Rangel (D-N.Y.) acknowledged yesterday that he had not lived up to the "higher standard" expected of members of Congress, but he maintained that he should not be punished politically for failing to disclose and pay taxes on rental income from his Caribbean resort property.

The Ways and Means Committee chairman, who is battling three ethics controversies, said he would file amended tax returns and pay federal, state and local taxes he owes -- an amount that his attorney, Lanny Davis, estimated at more than $10,000 for 2004 to 2006. Rangel's accountants are working to determine his tax liability for the rest of the 20 years that he has owned the three-bedroom villa in the Dominican Republic, Davis said.

Rangel, 78, said he regretted his failure to account for the $75,000 in income the property generated, calling the omission "irresponsible."

But it gets worse. News reports also surfaced this week that Rangel paid no mortgage interest on the property for over 10 years! According to the Associated Press, "[Lanny] Davis [Rangel's lawyer] said Rangel did not know until very recently he had not been charged interest for more than a decade."

(By the way, I'm not surprised at all to see former Clinton special counsel and long-time apologist Lanny Davis representing yet another corrupt public official.)

With respect to the other "ethics controversies" noted by the Post, as I reported to you in July, Rangel allegedly used his congressional office to raise funds from corporations that have business before his committee in order to bankroll his Charles P. Rangel Center for Public Service. Rangel has also been accused of using his influence to keep four extremely rare rent-stabilized apartments (in others words, cheap) in Harlem while his neighbors are being subjected to eviction.

Has Rangel learned anything from this slew of scandals that bear his name? Not at all. After the Rangel Center scandal broke, the New York congressman chose to stage a publicity stunt, filing an ethics complaint against himself, rather than accepting responsibility for his actions. When asked about his recent tax scandal, Rangel boasted, "I'm a lucky old son of a gun…Ain't nothing going to stop me from getting back here next year."

Given the House Ethics Committee's shameless record of ignoring wrongdoing by members of Congress, Rangel can say that with confidence. But without question in my mind he has no business running a major congressional committee. And if he had any shame, he'd retire gracefully.
 

Tam

Well-known member
Larrry said:
It's all the tax codes problem. No personal responsibility at all.

Wonder how many plain folk would get away with not paying their tax by saying I didn't understand the Tax code? How many would be forgiven the penalties if they held out their tax for years and knew they had to pay them and didn't? :roll:
 

hopalong

Well-known member
Tam said:
Larrry said:
It's all the tax codes problem. No personal responsibility at all.

Wonder how many plain folk would get away with not paying their tax by saying I didn't understand the Tax code? How many would be forgiven the penalties if they held out their tax for years and knew they had to pay them and didn't? :roll:

Try it and see!!!!!
I'll give you 3 years at best!
 

Mike

Well-known member
kolanuraven said:
With all these ' high power' people having various degrees of ' tax problems'......forget whether they be Dem or Rep for the moment.

Each of them have ' people' who prepare their taxes for them.....prob some of the best accounting firms to be had.

Should there not be a closer review of the Tax Codes


My thought is that there needs to be a MAJOR overhaul of the tax codes so that it's not such a ' Catch-22' .

Damn funny that EVERYONE ELSE gets their taxes prepared properly, and pay them except the Democrats, huh? :lol: :lol: :lol:

If these had all been Repubs caught cheating, you'd be hollering to "String 'Em High". :lol:

Ya'll are the most "Two Faced" bunch I've ever seen. :roll:
 

hypocritexposer

Well-known member
What I don't understand is the yelling of criminal and crook. The IRS comes and audits you and then you pay what you owe and a HUGE fine. I'm sure some of you know how audits work. The IRS wants their (our) money with a nice high interest and they only prosecute those who don't pay or who are clearly defrauding the government willfully and overtime.

Most of us that make $5M, in the last couple of years, pay the $124,000, 42,000 and $200, when we are requested. The others just wait until they are nominated to an Obama post!

Here's a question, if you have a $124,000 bill with the IRS, for a driver and car, how much did that driver and car cost?

Use some common sense Reader, being an Obama fan, I would have thought you would have flip flopped a long time ago.
 

Sandhusker

Well-known member
kolanuraven said:
With all these ' high power' people having various degrees of ' tax problems'......forget whether they be Dem or Rep for the moment.

Each of them have ' people' who prepare their taxes for them.....prob some of the best accounting firms to be had.

Should there not be a closer review of the Tax Codes


My thought is that there needs to be a MAJOR overhaul of the tax codes so that it's not such a ' Catch-22' .

The tax preparer can't figure the taxes correctly if you don't tell them everything. It's like a computer program; garbage in, garbage out.

If Daschle had devulged all the information to the tax man and the mistake was made then, don't you think he would of argued that point?
 

Sandhusker

Well-known member
Reader, "What I don't understand is the yelling of criminal and crook. The IRS comes and audits you and then you pay what you owe and a HUGE fine. I'm sure some of you know how audits work. The IRS wants their (our) money with a nice high interest and they only prosecute those who don't pay or who are clearly defrauding the government willfully and overtime."

That's like saying that you don't understand all the yelling about the guys who knock off liquor stores. The cops come and arrest them and throw them in jail (if they catch them)......
 
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