The Key to Becoming Powerful? Don't Pay Taxes.
2/3/09 - posted by Hogers at
10:35 AM
- 0 Comments
To date, Barack Obama has three political nominees who have all failed to pay taxes to some degree in the past: Tom Daschle, Nancy Killefer and Timothy Geithner.
Today, Senator Tom Daschle has withdrawn from his nomination to head the Health and Human Services and Nancy Killefer has withdrawn from her nomation to be the nation's first Chief Performance Officer...a new position created by President Barack Obama.
Timothy Geithner was confirmed as Treasury Secretary despite owing more than $34,000 in taxes that he paid. Tom Daschle has paid more than $140,000 in owed taxes and interest. Killefer had a $946.69 tax lien placed on her home after failing to pay for unemployment compensation tax on household help.
After seeing this pattern, I can't help but to wonder whether these high powered persons know a better way to work the system. Are they crunching the numbers and seeing that it's worthwhile to not pay taxes? Even if the interest paid on these taxes is high (over 20%), what if the chances of them being audited and caught is only 5%?
Tom Daschle withdraws LA Times article here.
Today, Senator Tom Daschle has withdrawn from his nomination to head the Health and Human Services and Nancy Killefer has withdrawn from her nomation to be the nation's first Chief Performance Officer...a new position created by President Barack Obama.
Timothy Geithner was confirmed as Treasury Secretary despite owing more than $34,000 in taxes that he paid. Tom Daschle has paid more than $140,000 in owed taxes and interest. Killefer had a $946.69 tax lien placed on her home after failing to pay for unemployment compensation tax on household help.
After seeing this pattern, I can't help but to wonder whether these high powered persons know a better way to work the system. Are they crunching the numbers and seeing that it's worthwhile to not pay taxes? Even if the interest paid on these taxes is high (over 20%), what if the chances of them being audited and caught is only 5%?
Tom Daschle withdraws LA Times article here.
