If there are no appropriate penalties for these people cheating on their taxes,
there should be NO penalties for anyone else.
This needs to be put before Congress for a vote.
A 2006 Internal Revenue Service audit forced Geithner to pay back taxes and interest for only two years, 2003 and 2004, but not on taxes owed for 2001 and 2002.
The IRS charged no penalties, no fines, and didn’t demand the money owed for 2001 and 2002. And he didn’t voluntarily pay it until his name came up as nominee.
In Obama’s word you can be a tax cheat and still oversee the Treasury. (You can’t own a gun though.)
BTW, is Turbo Tax sueing Geithner for blaming the problem on their product? hmmm...
I agree there should be no penalties for anyone else - if that’s how they want to run the game.
Can you imagine fraudulently owing $125,000 in taxes. That’s taxes owed, not taxable income. Daschle must have failed to report more than $350,000.
We are no longer a nation of laws.