Thursday, January 15, 2009

Dichotomy

If we didn't already have all of the evidence needed to draw conclusions about the nature of Democratic Party operations in our State and Federal capitals. The latest revelations on the non-payment of taxes by the Treasury Secretary nominee should provide the last load.

I don't know about the rest of you but, my wife has been self employed at various times, and my IRS filings made with TurboTax(r) have always included the necessary supplemental forms for Social Security Taxes. I find it inconceivable that anyone who makes the kind of money that the nominee makes would be using anyone but a CPA or a Tax Law specialist to file IRS forms. I mean, if TurboTax asks the questions needed to find out that you need to file a Social Security tax schedule with your 1040 it doesn't say much about the professional preparer, that or the nominee has an honesty problem.

Powerline links to a Byron York article at NRO that indicates that Giethner was advised by his employer the IMF that he was required to pay his social security taxes. The act is compounded by a reembursement program by the IMF that paid employees for the cost of the tax. Giethner by submitting a claim to IMF for the tax shows that he knew at the time that he was required to pay the tax. Why are we working so hard to not do something that would have cost nothing to do the right way?

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