Posted on 10/07/2010 9:55:22 AM PDT by Behind Liberal Lines
A Treasury Department watchdog has launched an investigation into whether the Obama administration improperly snooped around the tax records of the mega-conglomerate that has poured millions into Republican campaigns....
The controversy concerns the multibillion-dollar oil company Koch Industries, a major political contributor to conservative causes and a major target this year of Democrats trying to stoke voter outrage over the funding behind those causes.
President Obama publicly called out the Koch-funded Americans for Prosperity at an early August fundraiser in Texas -- that incident, in turn, helped fuel suspicion after an administration official was quoted later in the month speaking in unusual detail about Koch finances.
Coinciding with the release of a report on corporate tax reform, the official was quoted saying Koch, described as a "really giant firm," was set up as a pass-through company -- in other words, a company structured to escape corporate taxes by allowing income to flow directly through it.
But a Koch attorney questioned where and how the administration found that information -- while at the same time denying the suggestion that it does not pay corporate income tax...
(Excerpt) Read more at foxnews.com ...
Yeah, this’ll go far.
Let’s wonder real hard about just what transgressions the Tsy dep’t might find out about the administrations’ actions.
Every day this administration deepens the impression that it is a Stalinist tyranny in the making.
And beware the SWF investments...loved by Soros and Gore.
This is also reported on the “Floyd Reports”. Obamination needs to depart IMHO.
I’ll sit back and wait for the House Committee Subpoenas in January, thank you....
I hope that “watchdog”s tax returns are clean as a whistle...something I doubt, given the current code, is possible.
Let lock these guys up in Gitmo and throw away the keys.
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