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Message Subject Since Obama’s re-election: over 100,000 layoffs at more than 125 businesses (so far)
Poster Handle Anonymous Coward
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Nope I'm all caught u on my taxes. Thanks for the assumption though. My rates won't be going up any time soon. And if I ever find myself making 250k a year, I'll gladly pay a bit more.
 Quoting: Anonymous Coward 27954171


Tell that to Obummer's head of the Treasury Department.

We have a Secretary of the Treasury! The Senate voted in Tim Geithner, despite the New York Fed chief's failure to pay $34,000 in taxes. "An honest mistake," says the White House's top flack. Oh?

Yes, taxes are a pain and everyone hates the paperwork. And paying taxes is absurdly complicated for employees of the International Monetary Fund, where Geithner worked at the time of his tax problems, because the IMF does not withhold payroll taxes but its employees must still pay them. And the IMF pays them an additional allowance so they can make those payments. On which they also owe taxes. That's totally confusing, right? Anyone might screw it up.

But Geithener, who has now paid his past-due tax bill, is not just anyone. We would be completely sympathetic to Geithner's claim that this was a goof because of the IMF's Byzantine payroll-tax status. Except that Geithner, when he worked at the Treasury Department in 1998, testified before Congress to explain the IMF's Byzantine payroll-tax status.
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