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Keyword: taxcheat

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  • Claire McCaskill amends FEC filings

    07/19/2011 11:26:33 AM PDT · by jazusamo · 14 replies
    Politico ^ | July 19, 2011 | Scott Wong
    A few months after Sen. Claire McCaskill was entwined in a scandal over the use of her personal plane for campaign travel, the Missouri Democrat has released amended campaign finance reports dating back to 2006.According to the new filings with the Federal Elections Commission, McCaskill’s campaign committee had failed to account for 143 contributions in the ‘06 cycle, totaling nearly $277,000. The committee also missed about $277,000 in disbursements. During that cycle, McCaskill raised $11.5 million.The discrepancies, her campaign said, could be attributed to the fact that donations were coming in at a furious clip at the end of the...
  • Geithner says he'll stay for 'foreseeable future'

    06/30/2011 9:19:23 PM PDT · by Hunton Peck · 20 replies
    Associated Press ^ | Thursday, June 30, 2011 9:31 PM EDT | KAREN HAWKINS and JIM KUHNHENN
    CHICAGO (AP) — Treasury Secretary Timothy Geithner said Thursday he'll stay in his job for the "foreseeable future," addressing speculation he might leave the Obama administration following the current round of budget negotiations. "I live for this work. It's the only thing I've ever done. I believe in it," Geithner said when questioned about his plans by former President Bill Clinton onstage at a meeting of the Clinton Global Initiative. "We have a lot of challenges in the country and I'm going to be doing it for the foreseeable future," he said. Geithner, 49, acknowledged the interest in his plans,...
  • Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’

    06/24/2011 9:42:39 AM PDT · by GreaterSwiss · 72 replies
    CNSnews ^ | 6/23/2011 | Terence P. Jeffrey
    Geithner’s explanation of the administration's small-business tax plan came in an exchange with first-term Rep. Renee Ellmers (R.-N.C.). Ellmers, a nurse, decided to run for the U.S. House of Representatives in 2010 after she became active in the grass-roots opposition to President Barack Obama’s proposed health-care reform plan in 2009. “Overwhelmingly, the businesses back home and across the country continue to tell us that regulation, lack of access to capital, taxation, fear of taxation, and just the overwhelming uncertainties that our businesses face is keeping them from hiring,” Ellmers told Geithner. “They just simply cannot.” She then challenged Geithner on...
  • Rangel sells the Dominican villa that earned him an ethics conviction

    06/15/2011 1:55:01 PM PDT · by Hunton Peck · 11 replies
    The Hill ^ | 06/15/11 | Jordan Fabian
    Rep. Charles Rangel (D-N.Y.) sold his villa in the Dominican Republic that played a role in his conviction on ethics charges last year, according to his financial disclosure forms released Wednesday. Rangel received between $250,001 and $500,000 from the sale of his beach villa in Punta Cana. The former Ways and Means Committee chairman was sanctioned for committing 11 violations of House ethics rules, including improperly using his office to solicit donations for an educational center in his name and filing incorrect financial disclosures and tax forms that failed to list income earned on his Dominican villa. The 81-year-old lawmaker...
  • Sec. Geithner: I'm Not Saying I Didn't Know About IMF Culture of Rape, I Just Couldn't

    05/26/2011 8:46:18 AM PDT · by Nachum · 31 replies
    Ace of Spades ^ | 5/26/11 | Gabriel Malor
    This is your "what the hell?" video of the morning. Treasury Secretary Geithner is asked if he knew about the "predatory atmosphere" at the IMF. He says "this is a hard question to ask a man." Except, it's not a hard question, for a man or for anyone. "Were you aware of the culture of rape at IMF" has two possible answers: "yes, I noticed" or "no, I just didn't see it." But, of course, he can't say either because if he saw abuse then the follow-up question is going to be why he didn't do anything about it. And...
  • Geithner Says New Financial Crisis Coming

    05/19/2011 11:47:12 AM PDT · by blam · 21 replies
    TBI/The Daily Beast ^ | 5-19-2011 | Lloyd Grove
    Geithner Says New Financial Crisis Coming Lloyd Grove, The Daily Beast May 19, 2011, 2:12 PM At a New York screening of the new HBO adaptation of Andrew Ross Sorkin’s Too Big to Fail, Treasury Secretary Timothy Geithner said that not only is our financial system not too large to go bust—but we’re headed for another crisis. The Wall Street meltdown of late 2008 was, in real life, a harrowing event, triggering a terrible recession from which we’re still recovering. In the HBO movie Too Big to Fail, it’s also a surprisingly gripping melodrama—a clash of greedheads and egomaniacs desperate...
  • Paying Taxes is An Option (If you’re the ruling elite)

    04/27/2011 6:47:33 AM PDT · by jmaroneps37 · 6 replies
    coachisright.com ^ | APRIL 27TH, 2011 | Basil Irwin, staff writer
    Well, once again, another key Obama administration official got caught not paying his taxes. This time it was US Attorney General Eric Holder. Holder along with his brother failed to pay property taxes on their childhood home in Queens New York, which they inherited last August when their mother passed away. You’d think these chumps would have learned their lesson about taxes by now. But no, paying their own taxes isn’t a priority for the Obammunists. They’re far more worried about we little people paying up. But themselves? Fuggedaboutit. The Holders did finally cough up the bucks when the New...
  • Geithner vows to defend strong US dollar policy

    04/26/2011 9:30:05 AM PDT · by Hoodat · 42 replies
    Breitbart ^ | Apr 26 2011 - 09:45 AM | AFP
    US Treasury Secretary Timothy Geithner vowed Tuesday that the United States would never follow a strategy to weaken the US dollar. "Our policy has been and will always be, as long as I will be in office, that a strong dollar is in the interest of the country," Geithner said at a New York conference organized by the Council of Foreign Relations. "We will never embrace a strategy to weaken the dollar." It was the first time this year that Geithner had publicly proclaimed a US strong-dollar policy, a mantra of treasury secretaries for more than a decade. In the...
  • Tax Study: Scientists More Likely to Cheat Than Lawyers

    04/17/2011 5:12:52 PM PDT · by SeekAndFind · 21 replies
    Time ^ | 04/17/2011 | Stephen Gandel
    The butcher. The baker. The Candlestick maker. They are not just three guys in a tub. They're probably tax cheats. Tax day comes three days late in 2011 on Monday, April 18th, instead of April 15th. But even after the deadline to file your taxes comes and goes, there will be hundreds of thousand of Americans who haven't fully paid what they owe to Uncle Sam. The annual tax gap is estimated at about $350 billion. That's the difference between what is owed in taxes every year and what gets paid on time. So who isn't paying? Scientists, it appears....
  • The Latest Obama Cabinet Member with a Tax Problem: Eric Holder

    04/17/2011 4:16:36 PM PDT · by PROCON · 27 replies
    michellemalkin.com ^ | April 17, 2011 | Doug Powers
    If President Obama is serious about tax increases (sorry, I meant to say “spending reductions in the tax code”) and increasing overall tax revenue, he should start by first calling a cabinet meeting and ordering everybody in the room to pony up what they owe. From the New York Post by way of JWF: US Attorney General Eric Holder and his brother failed to pay the property taxes on their childhood home in Queens, which they inherited last August after their mother died, The Post has learned.
  • Val Kilmer Owes $500K In Back Taxes (lien on his Santa Fe prop - Libs & taxes)

    12/30/2010 2:42:32 PM PST · by Frantzie · 52 replies · 161+ views
    TMZ Online ^ | 12-30-2010 | TMZ Staff
    Val Kilmer is back on Uncle Sam's bad side -- the "Iceman" reportedly left the IRS in the cold ... to the tune of $500,000 in unpaid federal taxes -- and now it is out to collect.
  • Geithner to have minor surgery

    12/10/2010 10:54:27 AM PST · by ColdOne · 24 replies · 1+ views
    Politico ^ | 12/10/10 | JENNIFER EPSTEIN
    Treasury Secretary Tim Geithner was hospitalized Friday for a kidney stone and will undergo what a spokesman called “a minor surgical procedure.” Geithner was admitted to George Washington University Hospital in Washington on Friday morning.
  • Charles Rangel receives standing ovation in Harlem, says he's glad to have censure behind him

    12/05/2010 6:12:03 AM PST · by jimbo123 · 73 replies
    NY Daily News ^ | 12/5/10 | Tina Moore
    U.S. Rep. Charles Rangel was greeted with a standing ovation Saturday at a town hall meeting in Harlem two days after he was censured by by the House. "I am very pleased this is behind me," Rangel, who looked dapper in a dark suit and tie, told cheering supporters after a two-year ethics probe. Insisting that his colleagues were bowing to political pressure, Rangel remained defiant and confident, saying he was "not guilty of corruption or self-enrichment."
  • Rahm Doesn't Live Here Anymore

    11/18/2010 7:03:30 AM PST · by PBRCat · 26 replies
    The Chicago Daily Observer ^ | November 18, 2010 | Daniel J. Kelley
    One wonders why the penny wise and pound foolish Rahm did not simply maintain a pied-a-terre inside of the city for the past year and half? He could have easily afforded to do so. Emanuel has had a history of sticking his foot in it when it comes to housing matters. While in Congress, the thrifty Emanuel lived in a basement apartment in the home of Connecticut Democratic representative Rosa DeLauro. The problem was it was an illegal basement apartment in a single family home that violated District of Columbia zoning laws. When the story was publicized, Emanuel was ridiculed...
  • Emanuel to face Challenge on Residency Issue

    11/18/2010 8:32:55 AM PST · by PBRCat · 51 replies
    Chicago Sun Times ^ | November 18, 2010 | Abdon Pallasch
    Next week, a veteran election lawyer plans to file a legal attempt to knock mayoral candidate Rahm Emanuel off the ballot for allegedly failing to meet the residency requirement to run for mayor. The issue is whether, by leasing out his house when he moved his family to Washington, D.C., to be President Obama's chief of staff, Emanuel ran afoul of the Illinois Municipal Code, which requires mayoral candidates to be residents of the towns they run in for a year before Election Day. The only exception is for active-duty members of the military.
  • John Kerry’s bucks stop where? (Still no tax payment on the yacht)

    11/05/2010 6:29:01 AM PDT · by GOPsterinMA · 24 replies
    news.bostonherald.com ^ | Friday, November 5, 2010 | Gayle Fee and Laura Raposa
    It’s been more than three months since we first told you about Capt. John Kerry’s high-seas tax dodge on his new $7 million yacht, Isabel, and the town of Nantucket still doesn’t have a check from the senior senator! You may recall that Kerry lowered the flag and surrendered in July, agreeing to pony up more than $400,000 to cover state taxes on the toney tub. Mr. Teresa Heinz broke out the checkbook four days after the Track set off a furious tempest with our report that he had purchased the 76-foot floating palace and ported her in Rhode Island,...
  • $hady Rangel zone Nonprofit dodgy on spending

    10/17/2010 6:37:11 AM PDT · by COUNTrecount · 9 replies
    NY Post ^ | Oct. 17, 2010 | ISABEL VINCENT and MELISSA KLEIN
    Us Rep. Charles Rangel's pet nonprofit, the Upper Manhattan Empowerment Zone, controls hundreds of millions in taxpayer cash but defiantly refuses to explain its spending. The group's tax forms are incomplete, and it has yet to release its 2009 annual report. Questions are stonewalled. Asked about its $2.7 million loan to the troubled Alianza Dominicana for its delayed multimillion-dollar Triangle Building headquarters, UMEZ's lawyer said it was "an internal matter." The note came due Oct. 9, but Blair Duncan would not say whether the loan was paid -- only that the UMEZ "was working with the borrower." Warzer Jaff OWE,...
  • Congressman Tierney's wife to plead guilty to tax charges

    10/06/2010 7:22:46 AM PDT · by Andy'smom · 18 replies
    The Boston Globe ^ | 10/5/2010 | Shelley Murphy and Matt Viser
    The wife of US Representative John F. Tierney is poised to plead guilty tomorrow to federal tax charges for managing a bank account that her brother allegedly used to deposit millions of dollars in illegal gambling profits he raked in from an offshore sports betting operation in Antigua. Patrice Tierney, 59, who is married to the Salem Democrat, is charged with four counts of aiding and abetting the filing of false tax returns by her brother, Robert Eremian, of St. John’s, Antigua.
  • Congressman Tierney's Wife to Plead Guilty to Tax Charges

    10/05/2010 6:45:44 PM PDT · by Sparky1776 · 83 replies
    Boston.com ^ | Oct 5, 2010 | Shelley Murphy and Matt Viser
    The wife of US Representative John F. Tierney is poised to plead guilty tomorrow to federal tax charges for managing a bank account that her brother allegedly used to deposit millions of dollars in illegal gambling profits he raked in from an offshore sports betting operation based in Antigua. Federal prosecutors filed documents that were unsealed today in US District Court in Boston charging Patrice Tierney, 59, who is married to the Salem Democrat, with four counts of aiding and abetting the filing of false tax returns by her brother, Robert Eremian, of St. John's Antigua
  • Tim Geithner: Prone to ‘Odd Fits of Giggling’

    09/06/2010 11:50:15 AM PDT · by Nachum · 38 replies
    NY Mag ^ | 9/6/10 | Nitasha Tiku
    "Tim was organized and low-key, although given to occasional bursts of profanity and odd fits of giggling." —Ex-car czar Steven Rattner dishes on the Obama administration's views of Detroit during the bailouts in his upcoming book, Overhaul. No one was spared. According to Rattner, Obama asked, "Why can't [GM and Chrysler] make a Corolla?"