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12-11-2012, 07:24 AM
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#1
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Grey Squirrel
Posts: 19,936
Member #5040
Member since: Nov 2003
Location: In transition
My Corvette(s) Looking
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In January 36 Obama aides owed $833,000 in back taxes
Funny, how this went relatively unreported back in January
Quote:
How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their "fair share" of taxes.
Because how unfair -- indeed, un-American -- it is for an office worker like, say, Warren Buffet's secretary to dutifully pay her taxes, while some well-to-do people with better educations and higher incomes end up paying a much smaller tax rate.
Or, worse, skipping their taxes altogether.
A new report just out from the Internal Revenue Service reveals that 36 of President Obama's executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven't paid any share, let alone their fair share.
Previous reports have shown how well-paid Obama's White House staff is, with 457 aides pulling down more than $37 million last year. That's up seven workers and nearly $4 million from the Bush administration's last year.
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Read More At IBD: http://news.investors.com/politics-a...#ixzz2EklY7ji4
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12-11-2012, 08:18 AM
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#2
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Posts: 15,971
Member #67576
Member since: Nov 2007
Location: Schererville, IN
My Corvette(s) 1979 L82 4speed
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no news here..move on move on
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I'm taking care of my procrastination issues, just you wait and see. |
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12-11-2012, 09:02 AM
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#3
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DC Crew
Posts: 31,938
Member #1067
Member since: May 2003
Location: Brandon, FL.
My Corvette(s) Rare 1987 bright red
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Thanked 56 Times in 39 Posts
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I guess it's better to owe it to us than beat us out of it
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Sampson 9/22/97-1/1/05
Outside of a dog, a book is man's best friend. Inside of a dog it's too dark to read
Florida muscle car enthusiast click here |
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12-11-2012, 09:05 AM
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#4
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Posts: 14,267
Member #76657
Member since: Oct 2008
Location: Crowley, TX
My Corvette(s) 2013 Coupe, 2009 Coupe - traded, '74 Coupe totalled, '77 Coupe sold
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No problem. These guys have it all figured out. Job one for them is raising taxes on everyone else. That will more than make up for what they owe.
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12-11-2012, 07:40 PM
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#5
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DC Crew
Posts: 3,602
Member #105698
Member since: May 2010
Location: PA
My Corvette(s) 2010 Grand Sport Coupe (M6)
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Oops. How'd this information slip out?
You'd think this would have been kept from ever surfacing.
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12-12-2012, 09:15 PM
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#6
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DC Crew
Posts: 511
Member #120057
Member since: Oct 2012
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The tax scheme needs to be re-done. Too easy to cheat, or not even pay taxes depending on who you are. I'd like to be like GE and not eve pay taxes.
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2006 Blk C6 vert w/A&A Supercharger kit w/V3 upgrade, Random Tech ceramic-coated LT headers w/hi-flo cats and Corsa Extreme exhaust. New dyno #'s 611rwhp/583tq |
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12-13-2012, 06:19 AM
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#7
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The Copy/Paste King
Posts: 22,329
Member #6180
Member since: Dec 2003
Location: In The Sticks
My Corvette(s) 1989 L98 Coupe
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The House wants to fire them.. Obama needs to talk to them about the whole "Fair Share" bs.
Bill passes House that would terminate federal employees with back taxes
More than 98,000 federal civilian employees owed more than $1 billion in unpaid federal income taxes in 2010, according to the IRS. The average delinquency rate was 3.33 percent.
The amount owed in back taxes by federal employees has increased by nearly 72 percent since 2004.
http://www.ksl.com/?nid=148&sid=21513675
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"There are 27 amendments in the Constitution but only one says "shall not be infringed"' "The Second Amendment is the amendment that keeps the people free." |
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12-13-2012, 08:34 AM
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#8
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Posts: 1,483
Member #63633
Member since: Aug 2007
Location: Houston/Texas/USA
My Corvette(s) 2007 C6
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It would so easy in my position to not pay taxes. No W2. International contract. Money deposited into a overseas account and wire transfers are not on the radar.
I like to sleep at night though.
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12-13-2012, 08:41 PM
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#9
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DC Crew
Posts: 511
Member #120057
Member since: Oct 2012
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Quote:
Originally Posted by Upheval
It would so easy in my position to not pay taxes. No W2. International contract. Money deposited into a overseas account and wire transfers are not on the radar.
I like to sleep at night though.
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Smart move!  Getting in a tangle with the IRS is a lose-lose situation. I owed some back taxes about 5 years ago,...not much, only a few thousand, but it was a TOTAL nightmare trying to get things straightend out. Even after I had paid them in full, it took another 6 months for things to clear. Everytime I'd call, I'd get a new customer service rep, and they all had different information regarding my balance.
Seeing that the current tax system keeps people poorer, I doubt if they change it anytime soon.
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2006 Blk C6 vert w/A&A Supercharger kit w/V3 upgrade, Random Tech ceramic-coated LT headers w/hi-flo cats and Corsa Extreme exhaust. New dyno #'s 611rwhp/583tq |
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