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To: Loyal Buckeye

Sorry. You may not know. The error was discovered after the statute of limitations ran out. In other words, if he had paid too much the IRS would have denied him a refund, no matter how legitimate. In this case, he paid taxes after the period prescribed.

Unless the IRS claims evasion, which would be extremely difficult, the statute has run.

Like I said, if Congress says “no” to a refund after that period, they have to say “no” to an assessment. If they want to claim that he is unpatriotic for not paying taxes due, then they are unpatriotic for not allowing refunds after statute has run.

It’s the pot calling the kettle.


6 posted on 01/22/2009 12:24:37 PM PST by cizinec
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To: cizinec
The error was discovered...

I think the proper word here is FRAUD. Who doesn't know that they have to pay Socialist Security when they're self employed - especially if they applied for a reimbursement of it, like Geithner did.

Error. Yeah, right.

7 posted on 01/22/2009 1:52:01 PM PST by jimt
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To: cizinec

I think I do know.

The standard for becoming Treasury Secretary should include paying his income taxes. This concept is different than the statutory limits on whether the IRS can or cannot assess him for unpaid taxes.

The guy needs to be honest whether he is beyond the statutory time limit or not.


8 posted on 01/22/2009 1:53:56 PM PST by Loyal Buckeye
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