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	<title>Comments on: Geithner&#039;s Tax Headaches</title>
	<atom:link href="http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/feed/" rel="self" type="application/rss+xml" />
	<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/</link>
	<description>A blog about politics.</description>
	<lastBuildDate>Wed, 09 Dec 2009 04:14:05 +0000</lastBuildDate>
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		<title>By: Poor Judgment Overwhelms Sweet Oratory &#171; Quipster</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-5/#comment-46662</link>
		<dc:creator>Poor Judgment Overwhelms Sweet Oratory &#171; Quipster</dc:creator>
		<pubDate>Fri, 27 Feb 2009 18:46:32 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-46662</guid>
		<description>[...] Nominee for Secretary of Treasury who actually took the position after failure to pay taxes.   Timothy Geithner. [...]</description>
		<content:encoded><![CDATA[<p>[...] Nominee for Secretary of Treasury who actually took the position after failure to pay taxes.   Timothy Geithner. [...]</p>
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		<title>By: How to get rich people and politicians to pay their taxes :: The Curious Capitalist - TIME.com</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-5/#comment-44454</link>
		<dc:creator>How to get rich people and politicians to pay their taxes :: The Curious Capitalist - TIME.com</dc:creator>
		<pubDate>Thu, 19 Feb 2009 14:08:45 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-44454</guid>
		<description>[...] Anyway. Back to my idea, which was inspired by the news that UBS has admitted that it conspired to defraud the IRS and agreed to pay $780 million for  helping thousands of wealthy Americans avoid paying taxes. Federal prosecutors think that from late 2002 through 2007, UBS helped clients hide $20 billion and evade some $300 million in taxes annually. Prominent people not paying their taxes is a problem we seem to be having a lot these days. [...]</description>
		<content:encoded><![CDATA[<p>[...] Anyway. Back to my idea, which was inspired by the news that UBS has admitted that it conspired to defraud the IRS and agreed to pay $780 million for  helping thousands of wealthy Americans avoid paying taxes. Federal prosecutors think that from late 2002 through 2007, UBS helped clients hide $20 billion and evade some $300 million in taxes annually. Prominent people not paying their taxes is a problem we seem to be having a lot these days. [...]</p>
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		<title>By: Obama Hope Artist Snagged On Warrants &#171; Quipster</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-5/#comment-41645</link>
		<dc:creator>Obama Hope Artist Snagged On Warrants &#171; Quipster</dc:creator>
		<pubDate>Sun, 08 Feb 2009 12:28:05 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-41645</guid>
		<description>[...] brings us yet another Obama supporter in trouble with the law.  Forget about the tax cheats like  Timothy Geithner, Tom Daschle, Nancy Killefer, and Hilda Solis through her spouse.  Or the fellow under [...]</description>
		<content:encoded><![CDATA[<p>[...] brings us yet another Obama supporter in trouble with the law.  Forget about the tax cheats like  Timothy Geithner, Tom Daschle, Nancy Killefer, and Hilda Solis through her spouse.  Or the fellow under [...]</p>
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		<title>By: The President Knew About The Problems Yet He Still Nominated Them Anyway &#171; Quipster</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-5/#comment-39908</link>
		<dc:creator>The President Knew About The Problems Yet He Still Nominated Them Anyway &#171; Quipster</dc:creator>
		<pubDate>Wed, 04 Feb 2009 04:05:33 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-39908</guid>
		<description>[...] Daschle.  Bill Richardson.  Timothy Geithner.  Nancy [...]</description>
		<content:encoded><![CDATA[<p>[...] Daschle.  Bill Richardson.  Timothy Geithner.  Nancy [...]</p>
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		<title>By: Laissez-faire &#187; Blog Archive &#187; Tom Daschle on How to Handle Tax Cheats</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-39488</link>
		<dc:creator>Laissez-faire &#187; Blog Archive &#187; Tom Daschle on How to Handle Tax Cheats</dc:creator>
		<pubDate>Tue, 03 Feb 2009 16:31:53 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-39488</guid>
		<description>[...] course this is the second Obama appointee/nominee that has trouble paying his taxes. But the Timothy Geitner debacle was a little more amusing since he&#8217;s now the head of the IRS.     Category: federal, tax     [...]</description>
		<content:encoded><![CDATA[<p>[...] course this is the second Obama appointee/nominee that has trouble paying his taxes. But the Timothy Geitner debacle was a little more amusing since he&#8217;s now the head of the IRS.     Category: federal, tax     [...]</p>
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		<title>By: TaxBlog &#187; Blog Archive</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-36607</link>
		<dc:creator>TaxBlog &#187; Blog Archive</dc:creator>
		<pubDate>Mon, 26 Jan 2009 06:47:34 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-36607</guid>
		<description>[...] Time reports: The confusion over the self-employment tax arose from an unusual system used by the IMF. Though its U.S. employees receive W-2s, they have been treated for tax purposes as though they are self-employed. [...]</description>
		<content:encoded><![CDATA[<p>[...] Time reports: The confusion over the self-employment tax arose from an unusual system used by the IMF. Though its U.S. employees receive W-2s, they have been treated for tax purposes as though they are self-employed. [...]</p>
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		<title>By: hulagate</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-34148</link>
		<dc:creator>hulagate</dc:creator>
		<pubDate>Wed, 14 Jan 2009 17:56:53 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-34148</guid>
		<description>Another keen link, with love...

http://news.yahoo.com/s/politico/20090114/pl_politico/17428;_ylt=Aun3Re3n3BfA0UxrVxwYvm3k4Z94

Oh my yes, vetting well done.

If not outright news spiking obstruction of the Senate&#039;s duty to fully investigate exec noms.

What and when, again, did Obama know about G&#039;s tax and help cheating?

Some change, that one.

Move On indeed.</description>
		<content:encoded><![CDATA[<p>Another keen link, with love...</p>
<p><a href="http://news.yahoo.com/s/politico/20090114/pl_politico/17428;_ylt=Aun3Re3n3BfA0UxrVxwYvm3k4Z94" rel="nofollow">http://news.yahoo.com/s/politico/20090114/pl_politico/17428;_ylt=Aun3Re3n3BfA0UxrVxwYvm3k4Z94</a></p>
<p>Oh my yes, vetting well done.</p>
<p>If not outright news spiking obstruction of the Senate's duty to fully investigate exec noms.</p>
<p>What and when, again, did Obama know about G's tax and help cheating?</p>
<p>Some change, that one.</p>
<p>Move On indeed.</p>
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		<title>By: hulagate</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-34147</link>
		<dc:creator>hulagate</dc:creator>
		<pubDate>Wed, 14 Jan 2009 17:53:44 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-34147</guid>
		<description>Rezko, Richardson, Holder, Geithner, Blago, Hillary...

Sorry, WHEN, again, does the promised change part begin?

President-select Frozone sure can pick-em!

I think in lib parlorance they call tax cheating AND illegal hiring at the same time the Daley Double.

Many people have to pay over $50k in back taxes with penalties absolved if they work at the IMF and World Bank, of course.  Once caught anyway.

Kind of like the easy legal protection for UN reps running stop lights or drugs around Foley Square while Leonard Joy defends the otherwise defenseless.

Always have liked Leonard.</description>
		<content:encoded><![CDATA[<p>Rezko, Richardson, Holder, Geithner, Blago, Hillary...</p>
<p>Sorry, WHEN, again, does the promised change part begin?</p>
<p>President-select Frozone sure can pick-em!</p>
<p>I think in lib parlorance they call tax cheating AND illegal hiring at the same time the Daley Double.</p>
<p>Many people have to pay over $50k in back taxes with penalties absolved if they work at the IMF and World Bank, of course.  Once caught anyway.</p>
<p>Kind of like the easy legal protection for UN reps running stop lights or drugs around Foley Square while Leonard Joy defends the otherwise defenseless.</p>
<p>Always have liked Leonard.</p>
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	<item>
		<title>By: textee</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-34077</link>
		<dc:creator>textee</dc:creator>
		<pubDate>Wed, 14 Jan 2009 15:53:56 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-34077</guid>
		<description>Predictably this press release dutifully written and issued by Time magazine for Geithner is chock full of euphemisms and unsubstantiated allegations.

1.  Time has invented a new euphemism for illegal alien: &quot;immgrant housekeeper whose work authorization document had expired.&quot;

2.  Time magazine alleges: &quot;While he had paid all of his income taxes on his IMF earnings, he failed to pay self-employment taxes.&quot;  Note how the completely irrelevant allegation that &quot;he had paid all of his income on his IMF earnings&quot; serves as nothing but a convenient distraction for his failure to pay the taxes at issue.

3.  Time magazine alleges: &quot;Geithner had initially done his tax returns himself, but an accountant preparing an amended return in 2002 also failed to catch the mistake.&quot;  Evidence provided by Time magazine to substantiate that allegation?  Answer: None.

4.  Time magazine alleges: &quot;Geithner voluntarily corrected that mistake upon discovering it on November 21, 2008, during the Obama transition vetting process, and paid an additional $25,970 as a result.&quot;  &quot;Geithner voluntarily corrected that mistake&quot;?  ROTFLMAO!!!  &quot;[V]oluntarily corrected&quot;?  Hahahahahaha.  Time magazine: Try, when he was exposed as a tax cheat, he had no recourse but to pay.  &quot;[V]oluntarily corrected&quot;, indeed.

5.  Time magazine, in a lame attempt to find excuses, asserts: &quot;The confusion over the self-employment tax arose from an unusual system used by the IMF. Though its U.S. employees receive W-2s, they have been treated for tax purposes as though they are self-employed. (This problem has occurred frequently enough that in November 2006, the IRS made a settlement offer to all U.S. employees of embassies and international organizations in order to bring the employees into compliance with their U.S. tax obligations.)&quot;

6.  Time magazine alleges: &quot;An accountant prepared Geithner&#039;s 2003 and 2004 returns and assured him in writing that he was exempt self-employment taxes on his IMF income.&quot;  Evidence provided by Time magazine to substantiate that allegation?  Answer: None. 

7.  Time magazine alleges:  &quot;Geither&#039;s family employed a housekeeper to clean their home, and verified when upon hiring her that she had a valid permit to work.&quot;  &quot;[V]erified ... that she had a valid permit&quot;?  Evidence provided by Time magazine to substantiate that allegation?  Answer: None.

8.  Time magazine alleges: &quot;What he didn&#039;t know was that this document expired three months before she left his employ to have a baby.&quot;  Evidence provided by Time magazine to support that allegation?  Answer: None.

9.  Time magazine alleges: &quot;She continued to reside legally in the United States, ....&quot;  Someone whose work authorization had expired &quot;continued to reside legally in the United States&quot;?</description>
		<content:encoded><![CDATA[<p>Predictably this press release dutifully written and issued by Time magazine for Geithner is chock full of euphemisms and unsubstantiated allegations.</p>
<p>1.  Time has invented a new euphemism for illegal alien: "immgrant housekeeper whose work authorization document had expired."</p>
<p>2.  Time magazine alleges: "While he had paid all of his income taxes on his IMF earnings, he failed to pay self-employment taxes."  Note how the completely irrelevant allegation that "he had paid all of his income on his IMF earnings" serves as nothing but a convenient distraction for his failure to pay the taxes at issue.</p>
<p>3.  Time magazine alleges: "Geithner had initially done his tax returns himself, but an accountant preparing an amended return in 2002 also failed to catch the mistake."  Evidence provided by Time magazine to substantiate that allegation?  Answer: None.</p>
<p>4.  Time magazine alleges: "Geithner voluntarily corrected that mistake upon discovering it on November 21, 2008, during the Obama transition vetting process, and paid an additional $25,970 as a result."  "Geithner voluntarily corrected that mistake"?  ROTFLMAO!!!  "[V]oluntarily corrected"?  Hahahahahaha.  Time magazine: Try, when he was exposed as a tax cheat, he had no recourse but to pay.  "[V]oluntarily corrected", indeed.</p>
<p>5.  Time magazine, in a lame attempt to find excuses, asserts: "The confusion over the self-employment tax arose from an unusual system used by the IMF. Though its U.S. employees receive W-2s, they have been treated for tax purposes as though they are self-employed. (This problem has occurred frequently enough that in November 2006, the IRS made a settlement offer to all U.S. employees of embassies and international organizations in order to bring the employees into compliance with their U.S. tax obligations.)"</p>
<p>6.  Time magazine alleges: "An accountant prepared Geithner's 2003 and 2004 returns and assured him in writing that he was exempt self-employment taxes on his IMF income."  Evidence provided by Time magazine to substantiate that allegation?  Answer: None. </p>
<p>7.  Time magazine alleges:  "Geither's family employed a housekeeper to clean their home, and verified when upon hiring her that she had a valid permit to work."  "[V]erified ... that she had a valid permit"?  Evidence provided by Time magazine to substantiate that allegation?  Answer: None.</p>
<p>8.  Time magazine alleges: "What he didn't know was that this document expired three months before she left his employ to have a baby."  Evidence provided by Time magazine to support that allegation?  Answer: None.</p>
<p>9.  Time magazine alleges: "She continued to reside legally in the United States, ...."  Someone whose work authorization had expired "continued to reside legally in the United States"?</p>
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		<title>By: Geithner Stumbles, Hillary Sails &#38; Sharpton Gets Sweet On Marriage Equality [News At 10] &#124; StalknBlog</title>
		<link>http://swampland.blogs.time.com/2009/01/13/geithners-tax-headaches/comment-page-4/#comment-34064</link>
		<dc:creator>Geithner Stumbles, Hillary Sails &#38; Sharpton Gets Sweet On Marriage Equality [News At 10] &#124; StalknBlog</dc:creator>
		<pubDate>Wed, 14 Jan 2009 15:34:12 +0000</pubDate>
		<guid isPermaLink="false">http://swampland.blogs.time.com/?p=9608#comment-34064</guid>
		<description>[...] suggested Obama should fire Sheila Bair from the FDIC and a little of the luster wore off. And now with the taxes thing. Leaving aside the nanny issue &#8212; did the Obama vetters really forgot Zoe Baird? or did he [...]</description>
		<content:encoded><![CDATA[<p>[...] suggested Obama should fire Sheila Bair from the FDIC and a little of the luster wore off. And now with the taxes thing. Leaving aside the nanny issue &mdash; did the Obama vetters really forgot Zoe Baird? or did he [...]</p>
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