Obama trade nominee fixes errors in tax returns [former Dallas Mayor Ron Kirk.......]

Reuters ^

[Sub-Driver]

Obama trade nominee fixes errors in tax returns Mon Mar 2, 2009 4:22pm EST

WASHINGTON (Reuters) - President Barack Obama's nominee to be U.S. trade representative, former Dallas Mayor Ron Kirk, has filed amended tax returns after a review found he failed to pay taxes on $37,750 in speaking fees he donated to his college alma mater, a Senate panel said on Monday.

"Staff estimates the total tax adjustment on Mayor Kirk's amended returns for 2005, 2006 and 2007 will be approximately $9,975," the Senate Finance Committee said.

Kirk also amended his tax returns to reduce the amount of business expense he claimed for Dallas Mavericks basketball tickets in 2005 through 2007, the panel said.

He is the fifth of Obama's nominees to run into trouble over back taxes.

[Sub-Driver]

Just amazing huh......?

[Centurion2000]

That piece of crap is with the federal government now? God help us.

[boomop1]

Five minutes after nomination a great revelation appears, taxes we don’t need no stinking taxes.

[RGF]

Now I agree Geithner was an out and out cheat, and maybe little Tommy D was as well with the car thing (not a lobbyist my ***) but this one I would have messed up. If I gave a talk and basically gave the check to charity why should I owe taxes on it? Maybe he “had possession” but this one might be iffy.

[nbhunt]

he was mayor of Dallas.....he was a crook then and a leopard does not change his spots.....

STILL A CROOK.....

[RikaStrom]

(sigh)

[Carley]

Tax cheats united for Obama

[kenavi]

Your Adjusted Gross Income, which is before deductions such as for charity, determines to what extent you can write off all your deductions. That's probably what resulted in a difference on how much income tax Mayor Kirk owed.

Common sense is not always tax code sense. That's why I agree with you that this tax flub appears innocent in nature.

[SunkenCiv]

Oops, this is the oldest one (I believe)