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Absolutely Incredible!

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  • hiroad
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You must understand the difference between the national deficit and the national debt.  If you do, you can talk intelligently about this.    Here's something important to know about the national debt:

 



If you don't get these programs under control, it doesn't matter if you increase taxes 100% on everyone and totally eliminate the Defense Department.  The fiscal juggernaut will still be out of control.

 

 

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  • hiroad
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Only in the liberals fantasy land does spending billions of dollars for ANOTHER  bailout somehow save money.

Read more: http://www.politico.com/news/stories/0712/79211.html#ixzz22FCCRKEO

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Before raising taxes, why not collect them from the Democrats that owe them?:

Hypocrites!

36 Obama aides owe $833,000 in back taxes

Posted 01/26/2012 08:18 AM ET
Pete Souza / White House (Obama addresses his White House staff, file)

Pete Souza / White House (Obama addresses his White House staff, file)

How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their "fair share" of taxes.

Because how unfair -- indeed, un-American -- it is for an office worker like, say, Warren Buffet's secretary to dutifully pay her taxes, while some well-to-do people with better educations and higher incomes end up paying a much smaller tax rate.

Or, worse, skipping their taxes altogether.

A new report just out from the Internal Revenue Service reveals that 36 of President Obama's executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven't paid any share, let alone their fair share.

Previous reports have shown how well-paid Obama's White House staff is, with 457 aides pulling down more than $37 million last year. That's up seven workers and nearly $4 million from the Bush administration's last year.

Nearly one-third of Obama's aides make more than $100,000 with 21 being paid the top White House salary of $172,200, each.

The IRS' 2010 delinquent tax revelations come as part of a required annual agency report on federal employees' tax compliance. Turns out, an awful lot of folks being paid by taxpayers are not paying their own income taxes.

The report finds that thousands of federal employees owe the country more than $3.4 billion in back taxes. That's up 3% in the past year.

That scale of delinquency could annoy voters, hard-pressed by their own costs, fears and stubbornly high unemployment despite Joe Biden's many promises.

The tax offenders include employees of the U.S. Senate who help write the laws imposed on everyone else. They owe $2.1 million. Workers in the House of Representatives owe $8.5 million, Department of Education employees owe $4.3 million and over at Homeland Security, 4,697 workers owe about $37 million. Active duty military members owe more than $100 million.

The Treasury Department, where Obama nominee Tim Geithner had to pay up $42,000 in his own back taxes before being confirmed as secretary, has 1,181 other employees with delinquent taxes totaling $9.3 million.

As usual, the Postal Service, with more than 600,000 workers, has the most offenders (25,640), who also owe the most -- almost $270 million. Veterans Affairs has 11,659 workers owing the IRS $151 million while the Energy Department that was so quick to dish out more than $500 million to the Solyndra folks has 322 employees owing $5 million.

The country's chief law enforcement agency, the Department of Justice, has 2,069 employees who are nearly $17 million behind in taxes. Like Operation Fast and Furious, Attorney General Eric Holder has apparently missed them too.

As with ordinary people, the IRS attempts to negotiate back-tax payment plans with all delinquents, whose names cannot be released. But according to current federal law, the only federal employees who can be fired for not paying taxes are IRS workers.

 

 

Chaffetz wants to fire federal  employees who owe back taxes

 

The House is expected to vote Tuesday on a bill that would fire federal  employees for being tax deadbeats.

The bill, which is being proposed by second-term GOP Rep. Jason Chaffetz,  also would keep tax scofflaws from getting hired by the federal government in  the first place.

Federal civilian employees “draw their compensation and funds from the  American taxpayers (so) they owe it to the taxpayers themselves to be  compliant,” Chaffetz said. “Those that do not should be fired or lose  funding.”

Chaffetz, R-Utah, cites IRS data that shows nearly 100,000 federal civilian  employees owed $1 billion in unpaid federal income taxes in 2009. That number  has remained fairly constant since 2004, but the amount owed has increased  nearly 70 percent, from $599.8 million, according to the agency.

The bill specifically targets applicants with tax liens.

Those on a plan to repay back taxes or in negotiations with the IRS would be  exempt from the proposed change. IRS employees already can be terminated for  non-payment of federal income taxes.

In April 2011, the bill was passed out of the House Committee on Oversight  and Government Reform, of which Chaffetz is a member.

The bill would include those seeking federal contracts and grants, but  exempts uniformed military personnel. In addition, federal agencies would be  required to give 60 days notice before taking personnel action

Read more: http://www.foxnews.com/politics/2012/07/31/chaffetz-wants-to-fire-tax-dodging-federal-employees/#ixzz22FIQybte

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  • BDEye
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It's Bushs fault.

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