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Keyword: taxcheat

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  • Octomom Charged with Welfare Fraud

    01/14/2014 7:34:17 AM PST · by KFarrell · 12 replies
    The Libertarian Republic ^ | 1/14/2014 | Keith Farrell
    Does the Welfare State Share the Blame? Nadya Suleman, the woman who became famous for having herself artificially inseminated in order to give birth to octuplets, earning herself the name Octomom, has been charged with welfare fraud. Suleman, who has 14 children in total from artificial insemination, became the subject of controversy regarding over in-vitro fertilization when she gave birth to octuplets in 2009. Now she has been accused of felony perjury by false application for aid, and one count of aid by misrepresentation. Read More and Watch Video: http://thelibertarianrepublic.com/octomom-charged-welfare-fraud/
  • Charlie Rangel: The Tea Party “Cult” is Suffering from an “Illness”

    01/01/2014 8:43:01 AM PST · by Kaslin · 76 replies
    Townhall.com ^ | December 31, 2013 | Michael Schaus
    Representative Charlie Rangel (D-NY) recently expressed his puzzlement over the conservative wing of the Republican Party. In between incoherent ramblings and fragmented sentences, the congressman explained that the tea party is a “cult” group that suffers from an apparent “illness”. “Politics is (sic) changing for me at this late age, to have to deal with a cult-type of group of people,” said the man who recently allocated millions of taxpayer dollars to a New York library named in his honor. (Maybe he’s speaking out of jealousy?) “When a handful of people [I assume he is referring to the tea party...
  • Rangel predicts 'rough' reelection fight ("it’s like shooting crap")

    01/01/2014 12:44:52 AM PST · by Libloather · 17 replies
    The Hill ^ | 12/31/13 | Alexandra Jaffe
    Rep. Charles Rangel (D-N.Y.) predicted he’ll face a “rough’ fight for reelection this cycle, but said he believes ObamaCare will be a boon to his campaign. “It’s going to be a rough one, but, you know, it’s like shooting crap. Either you win or you lose; you just can’t stay even with the first shot,” Rangel said on MSNBC on Tuesday. The long-serving Democrat had been considered a retirement risk, but announced earlier this month he plans to run for reelection. He’s likely to face a contentious primary fight from state Sen. Adriano Espaillat, whom supporters believe is well-poised to...
  • Al Sharpton, seeking justice for Trayvon Martin, stiffed the FEC (and owes IRS close to $1m)

    07/17/2013 12:27:54 PM PDT · by kevcol · 22 replies
    Washington Examiner ^ | JULY 17, 2013 | LUKE ROSIAK
    "...Sharpton's National Action Network nonprofit, which is organizing the Martin protest marches, has repeatedly failed to pay taxes. The group currently owes $871,688 for unpaid "payroll taxes and related interest & penalties," according to its latest available Internal Revenue Service disclosure. The group claims to receive more than $3 million in contributions yearly. In 2008, Sharpton aides told the Associated Press that he had begun drawing only a "token" salary from his nonprofit to ease the burden on its finances, and in consideration of his substantial earnings from TV appearances. But IRS filings in the years since show he...
  • IRS Commissioner Aided Tax Cheat Congressman

    06/04/2013 12:54:55 PM PDT · by joygrace · 21 replies
    The American Spectator ^ | 6.4.13 | Jeffrey Lord
    <p>Shulman rallied for Rangel: Jason Furman, Media Matters, Fox News, Jarrett and a job.</p> <p>And the Liberal Dog Whistle Blows.</p> <p>Congressman Charles Rangel of New York.</p> <p>Ex-IRS Commissioner Douglas Shulman.</p> <p>The new chairman of the president’s Council on Economic Advisors, Jason Furman.</p>
  • Terry McAuliffe on business ventures: ‘Some work, some don’t’ (Virginia Governor's Race)

    04/04/2013 1:16:48 PM PDT · by smoothsailing · 11 replies
    Watchdog.org Virginia Bureau ^ | 4-4-2013 | Kenric Ward
    April 4, 2013 Terry McAuliffe on business ventures: ‘Some work, some don’t’ IN HAPPIER DAYS: Terry McAuliffe touted his “MyCar” electric vehicle last year. But this and other images have been stripped from his GreenTech Automotive website.By Kenric Ward | Watchdog.orgFREDERICKSBURG – Democratic gubernatorial candidate Terry McAuliffe says he’s “proud” of his entrepreneurial background, but acknowledged this week that “some businesses work, some don’t.”McAuliffe’s statement came in the wake of more questions about his GreenTech Automotive venture in Mississippi. Asked by a Washington Examiner reporter about the project, which has failed to live up to its billing as a job...
  • RT's Keiser Report Says Geithner Peddled Inside Info In 2007

    01/28/2013 9:10:22 PM PST · by ExxonPatrolUs · 6 replies
    Russia Today ^ | 1-26-2013 | Max Keiser
    Video At Link
  • TIMOTHY GEITHNER LEAVING BEFORE DEBT CEILING DEAL IS DONE BECAUSE HE NEVER REALLY CARED ANYWAYS

    01/03/2013 12:39:37 PM PST · by Fred · 9 replies
    ScrapeTv ^ | 010313 | Edward Bastil, Political Correspondent
    Washington, D.C. – It is possible, possible, that the massive shuffling of Cabinet positions for president Obama will have a positive effect on his next four years in office. With so many people leaving the make-up of the team that led to a lot of mediocrity and divisiveness will be fundamentally altered.timothy geithner leaving obama administration Some of those changes, say Secretary of State, clearly trade one strong player for another but in other places the changeover will not be as smooth or as clearly good. There is, perhaps, no position more important in all of this than the change...
  • Warren Buffet Proposes Minimum Tax on the Wealthy ( He owes back taxes for the last 9 years! )

    11/26/2012 4:11:03 PM PST · by NoLibZone · 17 replies
    http://www.foxbusiness.com ^ | Nov 26 2012 | fox news
    Warren Buffett, in a New York Times Op-Ed piece Monday, is proposing a minimum tax on high incomes and a higher ceiling of $500,000 on increased taxes on wealthy Americans. "I support President Obama's proposal to eliminate the Bush tax cuts for high-income taxpayers. However, I prefer a cutoff point somewhat above $250,000 - maybe $500,000 or so," the Berkshire Hathaway head wrote. "Additionally, we need Congress, right now, to enact a minimum tax on high incomes. I would suggest 30 percent of taxable income between $1 million and $10 million, and 35 percent on amounts above that."
  • Tax Cheat Rangel Says Higher Taxes Are 'Paying Your Fair Share' (Comic relief from a criminal)

    09/21/2012 9:40:05 AM PDT · by jazusamo · 5 replies
    National Legal & Policy Center ^ | September 21, 2012 | Peter Flaherty
    This photo was Tweeted by Rep. Charles Rangel (D-NY) yesterday. Also in the photo is House Majority leader Eric Cantor (R-VA). Along with the photo, Rangel Tweeted this: My ears perking up to hear RepCantor saying taxes will go up under Pres Obama. It's called "paying your fair share"! In 2008 Rangel admitted not paying taxes on rental income from a Dominican Republican beach house after it was exposed by the National Legal and Policy Center (NLPC). It was one of the counts in his 2010 Censure by the House. Of course, Rangel used to be Chairman of the House...
  • (Tax-cheat Timmy) Geithner: Tax hikes must be part of budget (will correct 'fiscal problems')

    02/15/2012 1:42:03 AM PST · by Libloather · 16 replies · 1+ views
    The Hill ^ | 2/14/12 | Peter Schroeder
    Geithner: Tax hikes must be part of budgetBy Peter Schroeder - 02/14/12 01:18 PM ET Treasury Secretary Timothy Geithner told skeptical Republican senators Tuesday that it is simply not possible to correct the nation’s fiscal problems without raising taxes. Geithner defended President Obama’s 2013 budget proposal before the Senate Finance Committee and said the plan is the only option he sees for helping the economy and addressing the deficit without hurting the middle class. "I do not see how you get there if you are unable ... to contemplate and to embrace modest increases in revenue through tax reform," Geithner...
  • Romney revising disclosures for overseas accounts

    01/26/2012 1:32:26 PM PST · by TSgt · 40 replies
    MSNBC ^ | 1/26/2012 | Michael Isikoff
    Mitt Romney could face new questions about his overseas investments after a campaign official acknowledged to NBC News that his campaign is revising his financial disclosure forms to report more than a half dozen offshore holdings, including income from a multi-million dollar Swiss bank account that was not disclosed last year. The tax returns released by the Romney campaign this week showed that the Ann Romney Blind Trust had reported $1,783 in interest income from a bank account held at UBS in Switzerland in 2010. But the Swiss bank account -- as well as other offshore investments in the Cayman...
  • Geithner: I won't serve second term (We're saved?)

    01/25/2012 4:30:09 PM PST · by Libloather · 30 replies · 1+ views
    The Hill ^ | 1/25/12 | Peter Schroeder
    Geithner: I won't serve second termBy Peter Schroeder - 01/25/12 04:27 PM ET Treasury Secretary Timothy Geithner does not anticipate serving a second term under President Obama. Geithner said in an interview with Bloomberg Television that he is "pretty confident" the president would not ask him to stay on if he is reelected. "I'm confident he'll be president. But I'm also confident he's going to have the privilege of having another secretary of the Treasury," he said, adding that he planned to do "something else." Geithner mulled leaving the administration this summer once a deal to raise the federal debt...
  • Biden Propagandizes 5th Graders: ‘Things Got Really Bad Before We Came Into Office’

    10/06/2011 9:55:16 AM PDT · by yoe · 21 replies
    Breitbart TV ^ | October 6, 2011
    Vice President Joe Biden "educates" the 5th graders at a Tampa Bay school that the horrible economy is President Bush's fault.Video
  • Biden: Occupy Wall Street, Tea Party Have Frustration in Common

    10/06/2011 11:16:03 AM PDT · by Beowulf9 · 39 replies
    ABC News ^ | October 6, 2011 | Devin Dwyer
    Vice President Joe Biden today likened the Occupy Wall Street protests to expressions of grassroots frustration by members of the Tea Party. “Let’s be honest with one another,” Biden told an audience on camera at the Washington Ideas Forum. “What is the core of that protest? The core is: The bargain has been breached. The core is the American people do not think the system is fair, or on the level. That is the core is what you’re seeing with Wall Street. “There’s a lot in common with the Tea Party,” he said. “The Tea Party started, why? TARP. They...
  • Biden Warns of More Rapes and Murders If Jobs Bill Is Not Passed

    10/12/2011 12:11:11 PM PDT · by Evil Slayer · 41 replies
    Weekly Standard ^ | 1012/11 | DANIEL HALPER
    In Flint, Michigan, Vice President Joe Biden suggested that more rapes and murders could occur if President Barack Obama's jobs bill is not passed. "In 2008, when Flint had 265 sworn officers on their police force, there were 35 murders and 91 rapes in this city," Biden said. "In 2010, when Flint had only 144 police officers, the murder rate climbed to 65 and rapes--just to pick two categories--climbed to 229. In 2011, you now only have 125 shields. God only knows what the numbers will be this year for Flint if we don't rectify it." The vice president also...
  • Say What?...Silly Things Liberals Say; Oct 12th Edition

    10/12/2011 4:19:21 PM PDT · by Starman417
    Flopping Aces ^ | 10-12-11 | Gary Kukis
    Liberals:President Barack Obama: “We’ve made steady progress to stabilize the economy.” President Obama on the Solyndra loan guarantees: "It went through the regular review process and people felt that it was a good bet...If you look at the overall portfolio . overall it's doing well." Former Speaker of the House, Nancy Pelosi: "I don't remember being ever disappointed in the president." President Obama: “I don't think they're [the American people] better off than they were four years ago. They're not better off than they were before Lehman's collapse, before the financial crisis-- before this extraordinary recession we're going through. I...
  • BIDEN: 'Are we campaigning? Yes, we are!'

    Vice President Joe Biden lashed out at critics today who have claimed that his and the President's efforts to get a job's bill passed is mere "campaigning." "Are we campaigning?" he said. "Yes! We are campaigning to change this environment." Biden was in York, Pa., visiting the Goode Elementary School to argue that the American Jobs Act would support 400,000 education jobs. Because of budget cuts, the York School District has been forced to lay off 100 teachers. Waxing at times poetic, Biden stressed the importance of education in keeping the nation competitive. "If our students suffer, our future suffers,”...
  • Addressing The Rumor Obama Will Replace Biden in 2012

    10/18/2011 1:18:12 PM PDT · by The Looking Spoon · 8 replies
    The Looking Spoon ^ | 10-18-11 | Jared H. McAndersen
  • Biden: ‘I Wish’ Jobs Bill Critics Knew What It Feels Like to be Raped, Robbed

    10/18/2011 5:14:24 PM PDT · by Sub-Driver · 69 replies
    Biden: ‘I Wish’ Jobs Bill Critics Knew What It Feels Like to be Raped, Robbed By Matt Cover October 18, 2011 (CNSNews.com) – Vice President Joe Biden said that he wished opponents of President Barack Obama’s jobs act knew what it felt like to be robbed or raped, indicating that if they did, they would not oppose government spending on public jobs such as police officers. “I wish these guys who thought it was temporary, I wish they had some notion of what it was like to be on the other side of a gun, or [to have] a 200-pound...
  • Warren 'Raise My Taxes' Buffett's Company May Owe IRS $1 Billion

    08/30/2011 4:45:07 PM PDT · by Sub-Driver · 16 replies
    Warren 'Raise My Taxes' Buffett's Company May Owe IRS $1 Billion By Noel Sheppard Created 08/30/2011 - 5:29pm As NewsBusters reported Monday, American media almost completely ignored a report that Warren "Raise My Taxes" Buffett's company Berkshire Hathaway has been fighting with the IRS for almost a decade over taxes it owes. On Tuesday, the organization digging into Berkshire Hathaway's numbers, Americans for Limited Government, estimated the total could be as much as $1 billion: Using only publicly-available documents, a certified public accountant (CPA) detailed Berkshire Hathaway’s tax problems to ALG researcher Richard McCarty. Now, the American people have a...
  • Geithner: Never Thought Debt Talks Would Come 'This Close to The Edge'

    07/24/2011 7:33:52 PM PDT · by Son House · 63 replies · 1+ views
    FOXNEWS ^ | July 24, 2011 | FoxNews.com
    <p>Treasury Secretary Tim Geithner said Sunday that he did not initially think lawmakers would bring the debt-ceiling negotiations "this close to the edge," appearing taken aback by the lingering distance between the two sides with an Aug. 2 deadline looming.</p>
  • Geitner on Fox News... Anyone watching?

    07/24/2011 11:35:46 AM PDT · by Hildy · 49 replies
    Either he is a pathological liar or he is a clueless dolt.. Which one is it? I am terrified of this administration.
  • 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?"
  • I.R.S. Looks at Finances of Bay Area Clinic [ IRS ]

    09/05/2010 5:57:00 AM PDT · by topher · 15 replies
    New York Times ^ | Published: September 2, 2010 | By KATHARINE MIESZKOWSKI
    The criminal division of the Internal Revenue Service is looking into the finances of Planned Parenthood Golden Gate... ... Agents for the criminal division of the I.R.S. interviewed a former employee of Planned Parenthood Golden Gate on Tuesday at the Oakland field office, in response to a complaint he had lodged. That informant, who declined to be named for fear of how it might affect his future job prospects, said he raised concerns about the financial relationship between the organization and its political arm, as well as about accounting practices. ... [Author's email} kmieszkowski@baycitizen.org
  • Rep. Rangel dares House to expel him

    08/10/2010 1:19:01 PM PDT · by Justaham · 98 replies
    The Hill ^ | 8-10-10 | Jordan Fabian and Susan Crabtree
    Embattled Rep. Charles Rangel defended himself on the House floor Tuesday, daring members to expel him. Rep. Charles Rangel (D-N.Y.) maintained that he did not intentionally break any House rules and complained about the investigation and trial process conducted by the House ethics panel, which has brought 13 charges against him. "It may be stupid, it may be negligent, but it's not corrupt," Rangel said in a meandering speech that lasted more than 30 minutes. In professing his innocence of all charges, Rangel also invited the ethics panel and House to take its shot at expelling him. "I'm not asking...
  • Geithner: The Entitlements Shortfall Is Coming Sooner Than You Think

    08/05/2010 9:31:11 AM PDT · by blam · 30 replies
    The Business Insider ^ | 8-5-2010 | Gus Lubin
    Geithner: The Entitlements Shortfall Is Coming Sooner Than You Think Gus Lubin Aug. 5, 2010, 11:54 AM . Geithner's big report on entitlement programs makes it official. A long-term deficit arrives for Social Security in 2016 and for Medicare in 2017. The new timeline is worse than last year's report, which predicted shortfalls in 2017 and 2019. The report is light on details of how they would cover the shortfall. But as Timmy made clear early this week, new taxes are coming: The drawdown of Social Security and HI Trust Fund reserves and the general revenue transfers into SMI will...
  • Welcome to the Recovery (Tim Geithner writes an op-ed in the NY Times telling us to be optimistic)

    08/03/2010 6:57:29 AM PDT · by SeekAndFind · 37 replies · 8+ views
    New York Times ^ | 08/03/2010 | Timothy Geithner
    THE devastation wrought by the great recession is still all too real for millions of Americans who lost their jobs, businesses and homes. The scars of the crisis are fresh, and every new economic report brings another wave of anxiety. That uncertainty is understandable, but a review of recent data on the American economy shows that we are on a path back to growth. The recession that began in late 2007 was extraordinarily severe, but the actions we took at its height to stimulate the economy helped arrest the freefall, preventing an even deeper collapse and putting the economy on...
  • FoxNews: Ethics Panel Says 'Sorry, Charlie, No Deal'

    07/29/2010 2:22:06 PM PDT · by topher · 48 replies · 4+ views
    Fox News ^ | Published July 29, 2010
    ... Rep. Michael McCaul, R-Texas, ranking member on the House Committee on Standards of Official Conduct, said Rangel was given an opportunity to settle charges during the investigative process, and that time has passed. "Let me be clear that Mr. Rangel under these rules was given opportunities to negotiate a settlement during the investigation. Let me be clear that I did not participate in any attempts to cut a back room deal behind closed doors," McCaul said at the start of a hearing on possible corruption charges. McCaul said it's not lost on any member of the panel that the...
  • Breaking-FNC--Rangel has struck a deal

    07/29/2010 9:12:52 AM PDT · by KansasGirl · 127 replies · 4+ views
    FNC | 7/29/10
    Per Foxnews, a local affiliate is reporting Rangel has struck a deal. FNC is working to confirm...
  • John Kerry (Heinz Heiress) Displays Shrewd Sense Of Business

    07/27/2010 3:09:59 PM PDT · by Starman417 · 14 replies · 2+ views
    Flopping Aces ^ | 07-27-10 | Skookum
    A Department of Revenue spokesman said Kerry would be liable for Massachusetts taxes if he berthed the boat in the Bay State within six months of its purchase. If the Isabel were brought to Massachusetts after that period, the state would have to decide if it wanted to pursue the taxes. Massachusetts, like most other states, has been grappling with plunging tax revenues. Last year's budget deficit was $600 million, and officials are bracing for a $1 billion deficit this year. The Republicans of Massachusetts spoke out meekly to criticize Kerry's cost saving measures. "While we can fault the...