Here are a few lines from the President’s State of the Union Address:
“Let’s never forget: Millions of Americans who work hard and play by the rules every day deserve a government and a financial system that do the same. It’s time to apply the same rules from top to bottom: No bailouts, no handouts, and no copouts,” he said. “An America built to last insists on responsibility from everybody.”
Remember these words as you read this article.
You and I sweat each year about this time trying to figure out the tax code and ways to keep as much money as we can. Then we have to listen to President Obama telling us that we are not paying our “fair share.”
Now we learn why the President wants more tax dollars from us. His own aides owed the IRS close to one million dollars in back taxes at the end of 2009. Remember Timothy Geithner? He is the current United States Secretary of the Treasury. He was previously the president of the Federal Reserve Bank of New York. He didn’t pay Social Security and Medicare taxes for several years while he worked for the International Monetary Fund. He didn’t have to. He’s special. He knows what’s best for us, but he doesn’t have to abide by the same rules.
To show you how stupid Republicans are, here’s what Orrin Hatch said when he learned about the back taxes issue. “I still support him. He’s a very competent guy.” Next time you’re up for an IRS audit, give Orrin a call and ask him if he’ll support you.
To my surprise, the Los Angeles Times, and Washington Post reported on government tax delinquents that did not get much attention.