Tuesday, March 31, 2009

This beyond funny: another Obama nominee w/ tax issues and an IRS agent..

http://tinyurl.com/d68c5z

Sebelius admits errors, pays $7,000 in back taxes

WASHINGTON – Health and Human Services nominee Kathleen Sebelius recently corrected three years of tax returns and paid more than $7,000 in back taxes after finding "unintentional errors" — the latest tax troubles for an Obama administration nominee. The Kansas governor explained the changes to senators in a letter dated Tuesday that the administration released. She said they involved charitable contributions, the sale of a home and business expenses.

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And now we see that the IRS is corrupt from top (Geithner) to bottom:

IRS Auditor Pleads Guilty to Tax Evasion

n Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes. 

     In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return claiming a loss on a real estate transaction when he in fact saw a large profit. 

     He pleaded guilty to one federal count of subscribing to a false tax return, a charge that carries a penalty of up to three years in prison. 

     According to the plea agreement, Liu sold a property in Pomona in 2002 for a profit of more than $48,000, but reported a loss of $4,200 on his taxes. 

     The tax loss to the government was more than $14,000. 

****Does the phrase "tax loss to the government" somehow imply that the government has first dibs on your money? ****

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