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Tim Geithner and Tom Daschle Are No-Goodniks

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5 Responses

  1. hst says:

    You’d think that these people are Republicans, for all the problems they have with paying taxes.

  2. Brian Kalt says:

    hst, I’m not sure I see your point, but your handle reminds me of my favorite tax cheat story, Joseph Nunan:

    “Nunan was a former commissioner of the IRS (1944-1947) and in 1952 was busted for tax evasion. What sort of horrible fraud did he commit? Apparently Nunan won an $1,800 bet that Harry Truman would win the election, but forgot to claim his winnings on his taxes.”

    http://www.cnn.com/2008/LIVING/wayoflife/04/15/famous.tax/index.html

  3. Frank says:

    I too am worried about this. But I’d be happier seeing monetary penalties keyed to the person’s wealth in situations like this, rather than endless journalistic debates about what level of mis- or nonfeasance disqualifies one from a cabinet post.

    I also wish the press would spend a fraction of the time currently occupied by scandals like this trying to analyze the massive, billion-dollar giveaways to various corporate interests that David Cay Johnston has chronicled in books like Free Lunch and Perfectly Legal. They’re the ultimate scandal.

    Finally, thanks for a great visit–we’ve all appreciated your consistently enlightening and insightful commentary.

  4. Confused2L says:

    Not to gloss over some of the very serious ethics questions raised by the timing and specific actions of these two men, I think the larger point, which is drawing too little attention, is that our tax system if inanely and insanely over complicated.

    One of the threads I see running through much of the early solutions being put forward by this congress is a tendency to try and slap patch corrections onto the underlying system, systems that are frequently flawed, over complicated, and burdened beyond there original design and plausible competency. Hopefully that will change with more time and room to maneuver.

  5. A.W. says:

    Confused, you are right, but… these two guys are not examples of this. These issues were as simple as actually reading documents handed to them (in the case of Geitner), and just realizing that a gift is income too (daschle).

    But i am sure you all saw the scrappleface post on this issue:

    Obama Plan Has Already Boosted IRS Tax Collections

    (2009-01-31) — In office less than two weeks, President Barack Obama has already increased tax receipts at the U.S. Treasury with an innovative plan to get tax-dodgers to pay up, in full, immediately.

    “The president’s plan is simple but ingenious,” said White House spokesman Robert Gibbs, “He targets wealthy individuals who filed inaccurate tax forms, cheating the government out of tens of thousands of dollars. Then he just nominates them for cabinet positions. They suddenly see the error of their ways, and they cut checks for the full amount owed, plus interest.”

    You can read the rest if you follow the url attached to my name.

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