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NT - Here we go again


JRS

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Former Dallas mayor Ron Kirk, who is President Obama's nominee to be the U.S. Trade Representative, failed to pay almost $10,000 in taxes during the past three years because of a series of mistakes, the Senate Finance Committee announced today.

Kirk's errors involved honoraria from speeches, on which he should have paid taxes; the cost of sports games, for which he deducted too much; and improper treatment of accounting fees on his income taxes. Kirk has agreed to file amended returns.

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Sorry, I only 'moderate/delete' pornographic emails. Political Humor or a person's oppinion is not 'bad' per se, as long as they aren't attacking someone for their views. I voted for the other guy, and I would have the same oppinion if you were pointing out McCain's faults.

Besides, I was going to comment on the same thing. Seems every so often I get to open the newspaper and read about someone not paying their taxes until they get appointed. Is it me, or does he have a magnet for people who are not paying taxes when he is making choices. (Of course, how do YOU or I figure out who has properly paid their taxes?)

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I think this is hillarious. I now know how the president is going to balance the budget - by appointing the worst tax cheats to his cabinet. If he keeps this up, we will pay for the bailout in about 6 months.

What they should be checking is the returns of all the republicans who are leaving DC right now. You know they are taking notes on how to avoid taxation from the democrats who are coming in.

They are all punks in my opinion. I think to work in DC politics, you have to check your ethics at the beltway.

Tom

Lodi, CA

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There is a silver lining here:

These politicians are actually conservatives at heart with respect to their real-world viewport regarding taxation. Insofar as their own households are concerned, they recognize that THEY are better able to allocate their financial resources than the government. Therefore, they do whatever is necessary to put those policies in place on an individual level by keeping more of it and sending less tax money to the Federal government.

Now, if we can just convince them to apply their personal financial insights to public tax policy, we can make some progress.

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I voted for the other guy, and I would have the same oppinion if you were pointing out McCain's faults.

I didn't vote for either of these knuckle heads. These people are killing our country. I'm not talking about democrats and republicans, I'm talking about politicians. Special interests. Corporations. A currency based on nothing - a currency completely controlled by our government.

I don't want to piss anyone off with these videos, but if you're not looking for a distraction, then by all means, skip them. The content within may be quite unpopular with any card carrying republican or democrat.

Foreign Policy:

http://www.youtube.com/watch?v=NIaqmF5IXV4

Economy / Federal Reserve:

http://www.youtube.com/watch?v=MpQlB3f9Al4

I'm going to go back to keeping my mouth shut now.

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Ok, another way to look at this: Is it just Obama's picks that have tax troubles or is it the thoroughness of his vetting process? This we don't know. From what I've read, he has gone deeper into backgrounds than anyone else has. Of course, that doesn't change my opinion that you could probably throw a dart at most of our elected officials and find something that sticks. Remember one of the fine politicians on your side, John Doolittle, is battling his ties to Abramoff (sp?), and the fact that he was funnelling funds to his wife's 'consulting' business. And his returns were pretty sketchy; but since he's not being appointed by Obama it doesn't get the attention. And of course the other charges against him overshadow a lot of the smaller things like taxes. And his replacement, arch conservative Tom McClintock, didn't pay tax on his per diem that he collected for traveling from his 'home' in So Cal (mother's address) even though he and his family lived in a home outside Sacramento. In other words, he collected tax free per diem for days he worked in Sacramento, even though he lived here. Rick Santorum ripped off PA in the same manner, as well as charging PA for the private school his daughters went to in DC.

Does anyone here have a problem with these issues? But since Obama isn't likely to appoint any of these, they won't make the front pages.

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A currency based on nothing - a currency completely controlled by our government.

The Federal Reserve is privately owned, not controlled by the government, but made to seem like it is. I think Ron Paul is the only one in government who knows what's going on.

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The Federal Reserve is privately owned, not controlled by the government, but made to seem like it is. I think Ron Paul is the only one in government who knows what's going on.

Just to clear things up, I did not mean that the Fed is an official government entity, but I do think they are at the very least 'influenced' by the federal government.

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Just to reinforce what i posted earlier

Governor Palin must include per diem reimbursements on Form W-2

Governor Sarah Palin Press Release No. 09-35, 2/23/09

Governor Sarah Palin (R-Ala.) has received amended 2007 and 2008 W-2 forms that include an additional $8,500 in income each year from per diem reimbursements that should have been subject to taxation.

A per diem allowance is an alternative to reimbursing employees for their actual substantiated expenses for away-from-home lodging, and meals and incidental expenses. The per diem rate may not exceed the rate paid by the federal government to its workers on travel status. The rate varies by locality of travel. If employees provide simplified substantiation (time, place, and business purpose), the per diem reimbursement isn't subject to income or payroll tax withholding and isn't reported on the employee's Form W-2.

Alaska provides a $60 tax-free per diem reimbursement to state employees to cover meals and incidental expenses they incur while traveling away from home on state business. The state had considered Juneau, the state capital, to be Palin's tax home. However, Palin had billed the state for 312 nights she spent traveling from her Wasilla home to state offices in Anchorage. Juneau is approximately 600 miles from Wasilla. Wasilla is approximately 43 miles from Anchorage.

The state revised Palin's W-2s because the distance between Wasilla and Anchorage wasn't large enough for Palin's travel expenses to qualify for the per diem reimbursement.

RIA observation: Federal law doesn't help Governor Palin either. IRC §162(h) allows state legislators to elect to treat their residence as their tax home for purposes of the per diem reimbursement if their residence is more than 50 miles from the state capitol building. Since Wasilla is less than 50 miles from Anchorage, Palin cannot make this election.

Bill McAllister, Palin's press secretary, has indicated that Palin will make the necessary tax adjustments and comply with all pertinent IRS rules and regulations.

RIA Research References: For more information on per diem allowances, see RIA Payroll Guide ¶ 3807.

Per diem'll get 'em all!

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