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Tuesday, October 7, 2008
Sarah Palin owes tens of thousands in back taxes.
It just gets better and better. Should John McCain have looked a bit further into Sarah Palin's background? You betcha!
Via the TaxProf Blog:
Jack Bogdanski (Lewis & Clark) & Bryan Camp (Texas Tech) have independently reviewed the tax issues raised by the release of Gov. Palin's 2006 and 2007 tax returns and financial disclosure form, as well as the remarkable opinion letter issued from Washington D.C. tax lawyer Roger M. Olsen. Jack and Bryan conclude that there are serious errors in Gov. Palin's returns as filed and that she and her husband owe tens of thousands of dollars in additional taxes.
No wonder McCain/Palin are for additional tax cuts. Clearly Joe Biden had it wrong - it is FAILING to pay your taxes that is patriotic! After all, country first!
UPDATE: Some additional thoughts. I agree that the tax code is very confusing. And it seems as though the clauses that the tax professors above are pointing out are complicated. But when you're the governor of a state, shouldn't you be able to hire an accountant that can handle your taxes accurately? If Sarah Palin can't handle that, are we comfortable with her being involved in decisions to appoint people to work in the United States Treasury? Or, even better, the IRS?
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5 comments:
Reminder: paying taxes is not patriotic.
has anyone else heard that there is actually no law anywhere on the books that allows for income taxes to be collected?
j-fro, you mean other than the 16th amendment to the Constitution of the United States?
http://en.wikipedia.org/wiki/Sixteenth_Amendment_to_the_United_States_Constitution
You betcha!
thanks bungalobill...i had heard that in some youtube documentary recently, seemed slightly plausible. i guess i need to brush up on my Constitution... although by the time I do, it will probably be repealed and rewritten along the lines of the SPP, following in the footsteps of the EU.
Looks like ALL of the politicians owe taxes. So far 4 of Obama's cabinet picks are in the same boat. And one of them was picked for Sec. of Treas. I think Sarah would have fit in just right.
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