Re: {OT} Treasury nominee failed to pay taxes


"Jeff Strickland" <crwlr@xxxxxxxxxxx> wrote in message
news:gkltvf$r0i$1@xxxxxxxxxxxxxxxxxxxxxx

"dbu'" <nospam@xxxxxxxxxx> wrote in message
news:nospam-2650EA.17425613012009@xxxxxxxxxxxxxxxxxxxxxxxx


Just a small glitch according to senator reid, LOL. That wouldn't have
been the case had it been a Bush appointee.

"WASHINGTON (AP) - President-elect Barack Obama's choice to run the
Treasury Department and lead the economic rescue effort disclosed to
senators Tuesday that he failed to pay $34,000 in taxes from 2001 to
2004, a last-minute complication in an otherwise smooth path to
confirmation."




The alarming thing about this story is the amount of the taxes he failed
to pay.

I too am a 1099 employee, or have been. I am now fully self employed and
simply bill out my hours. I occasionally have customers that don't
understand what they know, and they want to 1099 me. It's easier to get
the 1099 than to argue that I should not be paid that way. In any case,
Geithner worked as a consultant, and he was paid under the 1099 rules,
just as I am paid. He earned far more than I did in any one year than I
earned in the 4 years that he did not pay taxes on his earnings under the
1099 rules -- I don't know that he did or did not pay other taxes that he
may have been liable for.

I paid more than 34k during those four years (8500 for each of 4 years)
and I made a fraction of what he was making. Something stinks here.


Sure was a different story when Linda Chavez withdrew as potential Secretary
of Labor back in 2001. See
http://www.washingtonpost.com/wp-srv/aponline/20010109/aponline172303_000.htm
She had guts enough to withdraw.



.

Relevant Pages

  • Re: Why Europe cant hold out - Brooks, NY Times
    ... take paid vacation when it's offered to them, ... Individual people aren't deciding to take their paid vacation in Europe ... take it because their taxes are high! ... >>Vacation IS pay. ...
    (sci.econ)
  • Re: {OT} Treasury nominee failed to pay taxes
    ... > Just a small glitch according to senator reid, ... > senators Tuesday that he failed to pay $34,000 in taxes from 2001 to ... The alarming thing about this story is the amount of the taxes he failed to ... 1099 than to argue that I should not be paid that way. ...
    (alt.autos.toyota)
  • Re: {OT} Treasury nominee failed to pay taxes
    ... Just a small glitch according to senator reid, ... The alarming thing about this story is the amount of the taxes he failed to pay. ... In any case, Geithner worked as a consultant, and he was paid under the 1099 rules, just as I am paid. ...
    (alt.autos.toyota)
  • Re: The Oblivion Generation
    ... the taxes paid. ... than others who pay less or nothing at all. ... I ride on my bike I am not paying any taxes or registration fees, ...
    (rec.food.cooking)
  • Re: Why shouldnt I have to pay for that? (Was Re: JuJu & Cinnamons 17th Anniversary)
    ... Steve Daniels wrote: ... If there is ever a time when you cannot pay ... taxes on your homestead, should it be taken away from you completely? ... imagine leaving your fully paid for house/land to someone after you ...
    (alt.gathering.rainbow)