Posted on 03/19/2009 8:15:04 AM PDT by Shellybenoit
This news is more infuriating than the AIG retention bonuses. According to Congressman John Lewis (D-Georgia), at least thirteen of the companies who have accepted bailout funds from the American Taxpayers OWE TAXES to the government.
Sources day that at least two of them owe over $100 Million Dollars!!! What makes things even worse is the fact that when they accepted the federal cash they had to promise that they were current in their tax payments. Who knows, maybe they borrowed Timothy Geithner's copy of Turbo Tax:
(Excerpt) Read more at yidwithlid.blogspot.com ...
Liberals are notorious tax cheats because they want everybody else to fund all their pet social programs except themselves!
Liberals are notorious tax cheats because they want everybody else to fund all their pet social programs except themselves!
Why is anyone shocked? It was just a innocent mistake...right?
I guess it depends on what the definition of current is.
They do seem to have a soft spot for tax cheats...
who are these sources?
As another condition of the bailout, did the companies receiving TARP funds have to promise to not make campaign contributions until those funds were paid back? Because using taxpayer $$$ for lobbying and campaign contributions is illegal, yes?
congressman lewis
If my memory serves me correctly, Congressman John Lewis was one of those that stated that there was nothing wrong at Fannie Mae and Freddie Mac shortly before the mortgage situation cratered. Take anything that he says with a grain of salt until it can be verified.
I’ll await the facts, but should anyone be surprised these insolvent companies did not pay their taxes?
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