Originally posted by: blackangst1
Ah shit youre right. Dems dont do this at all. On this board either.
Our bad.
Funny shit though
Fair enough, I'll agree that there are Democrats on this board equally as whiny and annoying as Ocguy31 and other folks...well played, sir :roll:
I really don't get this defense. If I'm saying you're a moron, pointing out that you're not the ONLY person who's a moron isn't exactly a rock solid argument.
Well yeah, but what I'm really saying is that the problem isn't the politicians...it's that far too many people seem to think they've been deputized into being politicians too. If politics was about politicians trying to convince objective and independent voters, that's fine. But instead politics is almost entirely two or more sides just screaming at each other. Ocguy31 is just posting anti-Obama stuff to post anti-Obama stuff, he basically admits it's about entertainment and not real political debate...and there are plenty more people like that on every side.
We really shouldn't all be pro-bono Bill O'Reilly or Michael Moore stand-ins.
You should, if you could come up with a real, solid case that they are horrible choices. Instead you find something, no matter how little, and make a HUGE deal over it. And you've done it with virtually everything Obama has done so far, and I'm betting the next 4 years will be filled with you bitching about every single thing Obama does or does not do, not because you think he's doing a bad job, but because you want to bash Obama.
I welcome the idea of people who really believe something and can argue their position disagreeing with me...but that's not what this is. This is you throwing rocks from the sidelines because you're a fire-breathing Republican, and it's your duty to hate the Democrats.
I am busting out laughing listening to Hannity having a fit.
This is GOLD
Keep it going Obama and Company
Doing a heck of a job pissing off the Repugs
:thumbsup:Exactly, which is why I said that he probably did it himself. Either way, it's more than just an "embarrassment" he's not fit to be Treasury sec.
It appears that it was the IRS auditors that once finding a problem with the 2003 & 2004 income tax return didn't investigate the 2001 & 2002 returns.
But, on a good note it looks like Obama's team found the problem and it was rectified.
GroundedSailor
Platinum Member
- Feb 18, 2001
- 2,502
- 0
- 76
Green card don't really expire. The expiry date is to renew the card after 10 years, but the Permanent Residency which the green card represents never expires. A PR's right to work does not end with the expiration of the green card.
So either
1) they're looking at the green card expiry date and making much ado about nothing (or at best a mere technicality)
2) the housekeeper had some other kind of work authorization.
http://article.nationalreview....U3YmVkMjhlMWQ2MWZiNTA=
Although it has been dismissed by some observers as a ?hiccup? in an otherwise smooth confirmation process, treasury secretary-designate Timothy Geithner?s failure to pay self-employment taxes during the years he worked at the International Monetary Fund is causing some Republicans on Capitol Hill to ask serious questions about his actions. First among those questions is why he accepted payment from the IMF as restitution for taxes that he had not, in fact, paid.
Documents released by the Senate Finance Committee strongly suggest that Geithner knew, or should have known, what he was doing when he did not pay self-employment taxes in 2001, 2002, 2003, and 2004. After his failure to pay was discovered, first by the IRS and later during the vetting process, Geithner paid the federal government a total of $42,702 in taxes and interest.
The IMF did not withhold state and federal income taxes or self-employment taxes ? Social Security and Medicare ? from its employees? paychecks. But the IMF took great care to explain to those employees, in detail and frequently, what their tax responsibilities were. First, each employee was given the IMF Employee Tax Manual. Then, employees were given quarterly wage statements for the specific purpose of calculating taxes. Then, they were given year-end wage statements. And then, each IMF employee was required to file what was known as an Annual Tax Allowance Request. Geithner received all those documents.
The tax allowance has turned out to be a key part of the Geithner situation. This is how it worked. IMF employees were expected to pay their taxes out of their own money. But the IMF then gave them an extra allowance, known as a ?gross-up,? to cover those tax payments. This was done in the Annual Tax Allowance Request, in which the employee filled out some basic information ? marital status, dependent children, etc. ? and the IMF then estimated the amount of taxes the employee would owe and gave the employee a corresponding allowance.
At the end of the tax allowance form were the words, ?I hereby certify that all the information contained herein is true to the best of my knowledge and belief and that I will pay the taxes for which I have received tax allowance payments from the Fund.? Geithner signed the form. He accepted the allowance payment. He didn?t pay the tax. For several years in a row.
According to an analysis released by the Senate Finance Committee, Geithner ?wrote contemporaneous checks to the IRS and the State of Maryland for estimated [income] tax payments? that jibed exactly with his IMF statements. But he didn?t write checks for the self-employment tax allowance. Then, according to the committee analysis, ?he filled out, signed and submitted an annual tax allowance request worksheet with the IMF that states, ?I wish to apply for tax allowance of U.S. Federal and State income taxes and the difference between the ?self-employed? and ?employed? obligation of the U.S. Social Security tax which I will pay on my Fund income.?
In a conversation today with sources on Capitol Hill who are familiar with the situation, I asked, ?Was Geithner made whole for tax payments that he didn?t make??
?Yes,? one source answered. ?He was getting the money. He was being paid a tax allowance to pay him for tax payments that he should have made but had not.?
Geithner paid his 2003 and 2004 obligations after an IRS audit. He paid his 2001 and 2002 obligations after he was nominated to be treasury secretary. The Obama transition team argues that Geithner simply slipped up, saying Tuesday that Gieithner ?mistakenly had not paid self-employment taxes? for the years in question. In a closed-door meeting with Senate Finance Committee members on Tuesday, Geithner explained his failure to pay the self-employment taxes as an oversight. In the days before his confirmation hearing, senators are going to want to know more about how that happened.
So it looks like he tried to cover his tracks, by quickly ponying up the cash for the 2001-2002 offenses. I wonder how Geithner made an honest mistake and forgot to pay his taxes and yet managed to submit that he did to the IMF.
Merged
Anandtech Senior Moderator
Red Dawn
Although it has been dismissed by some observers as a ?hiccup? in an otherwise smooth confirmation process, treasury secretary-designate Timothy Geithner?s failure to pay self-employment taxes during the years he worked at the International Monetary Fund is causing some Republicans on Capitol Hill to ask serious questions about his actions. First among those questions is why he accepted payment from the IMF as restitution for taxes that he had not, in fact, paid.
Documents released by the Senate Finance Committee strongly suggest that Geithner knew, or should have known, what he was doing when he did not pay self-employment taxes in 2001, 2002, 2003, and 2004. After his failure to pay was discovered, first by the IRS and later during the vetting process, Geithner paid the federal government a total of $42,702 in taxes and interest.
The IMF did not withhold state and federal income taxes or self-employment taxes ? Social Security and Medicare ? from its employees? paychecks. But the IMF took great care to explain to those employees, in detail and frequently, what their tax responsibilities were. First, each employee was given the IMF Employee Tax Manual. Then, employees were given quarterly wage statements for the specific purpose of calculating taxes. Then, they were given year-end wage statements. And then, each IMF employee was required to file what was known as an Annual Tax Allowance Request. Geithner received all those documents.
The tax allowance has turned out to be a key part of the Geithner situation. This is how it worked. IMF employees were expected to pay their taxes out of their own money. But the IMF then gave them an extra allowance, known as a ?gross-up,? to cover those tax payments. This was done in the Annual Tax Allowance Request, in which the employee filled out some basic information ? marital status, dependent children, etc. ? and the IMF then estimated the amount of taxes the employee would owe and gave the employee a corresponding allowance.
At the end of the tax allowance form were the words, ?I hereby certify that all the information contained herein is true to the best of my knowledge and belief and that I will pay the taxes for which I have received tax allowance payments from the Fund.? Geithner signed the form. He accepted the allowance payment. He didn?t pay the tax. For several years in a row.
According to an analysis released by the Senate Finance Committee, Geithner ?wrote contemporaneous checks to the IRS and the State of Maryland for estimated [income] tax payments? that jibed exactly with his IMF statements. But he didn?t write checks for the self-employment tax allowance. Then, according to the committee analysis, ?he filled out, signed and submitted an annual tax allowance request worksheet with the IMF that states, ?I wish to apply for tax allowance of U.S. Federal and State income taxes and the difference between the ?self-employed? and ?employed? obligation of the U.S. Social Security tax which I will pay on my Fund income.?
In a conversation today with sources on Capitol Hill who are familiar with the situation, I asked, ?Was Geithner made whole for tax payments that he didn?t make??
?Yes,? one source answered. ?He was getting the money. He was being paid a tax allowance to pay him for tax payments that he should have made but had not.?
Geithner paid his 2003 and 2004 obligations after an IRS audit. He paid his 2001 and 2002 obligations after he was nominated to be treasury secretary. The Obama transition team argues that Geithner simply slipped up, saying Tuesday that Gieithner ?mistakenly had not paid self-employment taxes? for the years in question. In a closed-door meeting with Senate Finance Committee members on Tuesday, Geithner explained his failure to pay the self-employment taxes as an oversight. In the days before his confirmation hearing, senators are going to want to know more about how that happened.
So it looks like he tried to cover his tracks, by quickly ponying up the cash for the 2001-2002 offenses. I wonder how Geithner made an honest mistake and forgot to pay his taxes and yet managed to submit that he did to the IMF.
Merged
Anandtech Senior Moderator
Red Dawn
You have to ask yourself a few questions if you want to proceed down this path. If at any time you answer no, stop treading the path and turn back.
1) Is what he did going to have any bearing on the duties he will perform as Treasury Secretary? Don't respond aloud, just draw a conclusion for yourself.
2) If it will, is it enough to to block his nomination?
3) With his nomination blocked, will a pick more favorable or less favorable to you be chosen? (if you respond "less" go back, you're done)
4) Will that new nominee be more or less likely to succeed in the administration, and therefore help the country as a whole? (if you responded "less", go back)
5) Are you simply an obstructionist?
If you are a left-winger, your path stopped at #1 or #2 at most.
If you are a right-winger, your path should have stopped at #3 or #4 at most.
If you're in the middle, you stopped somewhere the middle.
1) Is what he did going to have any bearing on the duties he will perform as Treasury Secretary? Don't respond aloud, just draw a conclusion for yourself.
2) If it will, is it enough to to block his nomination?
3) With his nomination blocked, will a pick more favorable or less favorable to you be chosen? (if you respond "less" go back, you're done)
4) Will that new nominee be more or less likely to succeed in the administration, and therefore help the country as a whole? (if you responded "less", go back)
5) Are you simply an obstructionist?
If you are a left-winger, your path stopped at #1 or #2 at most.
If you are a right-winger, your path should have stopped at #3 or #4 at most.
If you're in the middle, you stopped somewhere the middle.
GroundedSailor
Platinum Member
- Feb 18, 2001
- 2,502
- 0
- 76
Existing thread on this topic. Right on the first page.
http://forums.anandtech.com/me...=2266824&enterthread=y
http://forums.anandtech.com/me...=2266824&enterthread=y
I don't care what Democrats did. If you'll remember they continued going downhill during those times and their behavior is not something to be modeled. My point is to examine the path you're taking here and see if it is in your own self interest. You prove you are obstructionists by having your responses be made up of nothing but negative reactions to your opponents, rather than having them be about what you personally would like to see. Reverse psychology would work beautifully on you two.
Zebo
Elite Member
- Jul 29, 2001
- 39,398
- 19
- 81
Oh no he certainly won't be handling any large amounts or delegating as Treasury Secretary.
Once we cut through your partisan dribble, either he's a fraudster or his judgment stinks. Pick one neither are good.
Incidentally the GOP loves him too, now, in that light, I bet you'll get some concern.
Fern
Elite Member
- Sep 30, 2003
- 26,907
- 174
- 106
Huh, I figured as much. I've done tax returns for these people and others like them.
He can't realistically say he didn't know.
If the IMF is gonna give 'tax gross ups' they should do like most other similar organizations and have a CPA firm prepare the tax returns for their employees to be sure things are done properely and no one tries to scam the (gross up) system.
Fern
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