Overlooked in coverage of Tim Geithner’s and Tom Daschle’s unpaid taxes is the $70,000 that Minnesota Democratic senatorial candidate Al Franken has admitted to owing in back taxes, interest, and penalties.
Last April, the California Tax Franchise Board revealed that Franken owed the state $5,800 in taxes, fines, and penalties because he did not file returns in 2003 through 2007. Franken then admitted that he owed more than $50,000 in back taxes to 17 states....CONTINUE
News sources, including CNN, are reporting the disturbing news of Tom Daschle's failure to pay his taxes and report earned income correctly in the amount of $140,167.
Note how this information was released on Friday to downplay the negativity for the Democrats. Please also pay attention to the fact that the media is trying to keep us focused on Tom Daschle's failure to report taxable income from a car service he used. This way they keep the focus as Daschle simply making a mistake on his taxes.
So here are the reporting mistakes Tom Daschle has made:
1) un-reported income in 2007 of $83,333. in consulting income.
2) charitable deductions taken for organizations that didn't qualify, giving Daschle a credit of $14,963.
3) unreported income of a car service in 2005 for $73,031., 2006 for $89,129., and 93,096 in 2007.
4) add the interest of 12k and we have a bill he just paid the IRS.
Believe me, these guys will have no trouble asking us to foot the payment for the Stimulus Bill. We have to pay our taxes, don't we?...TRedwine
WASHINGTON (CNN) -- The Senate Finance committee will meet Monday to review the tax records of former Sen. Tom Daschle, President Obama's nominee for secretary of health and human services.
Former Sen. Tom Daschle answers questions during a confirmation hearing January 8.
According to a committee memo obtained Friday by CNN, the group's concerns include the use of a limousine and driver that Daschle didn't disclose on his income taxes and nonpayment of taxes on more than $80,000 he earned in consulting fees after leaving the senate.
Daschle also apparently once filed a tax form listing charitable donations to organizations that did not qualify for a deduction, according to the memo.
"The best remedy for those who are afraid, lonely or unhappy is to go
outside, somewhere where they can be quiet, alone with the heavens,
nature and the Divine. Because only then does one feel that all is as it
should be and that the Divine wishes to see people happy, amidst the
simple beauty of nature."
Edna St. Vincent Millay
My candle burns at both ends;
It will not last the night;
But ah, my foes, and oh, my friends—
It gives a lovely light!