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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (262614)7/21/2010 3:17:13 PM
From: tejekRead Replies (2) of 306849
 
Who is the big winner in the tax evasion sweepstakes? Confirmed Treasury Secretary Tim Geithner. What does Geithner have that all these other guys and gals don't? After all, in addition to failing to pay $34,023 in self-employment tax from 2001 to 2004, he has had his share of household staff tax screw-ups: According to the Associated Press, he "filed the taxes late for his household employees in 1996 for years 1993 to 1995; he incorrectly calculated Medicare taxes for his household employees in 1998 and received an IRS notice; and he received notices from the Social Security Administration and the IRS after not filing 2003 and 2004 forms for his household employees." He also has an undocumented housekeeper for a few months in 2005. But he's in!

I never file my tax returns on time. If there are penalties, I pay them. I hope that won't keep me from a job.

I really wish Rs were held to the same standard.
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