Tax Time

Well, I gotta take a little time off from blogging & reading and do something President Obama's nominees don't do... organize the books of our small business and PAY MY TAXES...

Here's a Brief Summary of some of Obama's nominees:

Here is your exclusive American Future Fund Scorecard: The Tax Cheat Edition!

TOM DASCHLE

Poor Tom was forced to withdraw his nomination when it was discovered that he failed to pay over $100,000 in back taxes for unreported income, including his limo and driver. Further complications ensued when it was discovered he may have serious conflicts concerning fees he accepted from health care interests.

STATUS: NOMINATION WITHDRAWN

TIMOTHY GEITHNER

The recently-confirmed Treasury Secretary was looking at smooth sailing until the recent debacles, and now columnist Larry Kudlow says he should immediately step down. Geithner, if you’ll remember, was the first tax-evader bombshell, with thousands in back taxes owed. He finally paid them once he was nominated for the post. This, from the man who now heads the IRS.

STATUS: CURRENT TREASURY SECRETARY

REP. HILDA SOLIS

Solis was nominated as Labor Secretary and appeared headed for confirmation until just minutes before she was to appear at a committee meeting, it was canceled. We then learned that her husband failed to pay thousands in tax liens – some that were 16 years old!

STATUS: CONFIRMATION PENDING

LEON PANETTA

Mr. Panetta actually appears to have no tax issues. However, his problems stem from the businesses that used taxpayer bailout dollars, then paid Panetta for his services. That’s right – part of Panetta’s $700 THOUSAND dollar salaries came from institutions bailed out using your tax dollars. Additionally, he also spoke to the Carlyle Group, which has interests in defense spending – further complicating the case for this would-be Central Intelligence Agency head.

STATUS: CONFIRMATION PENDING

NANCY KILLEFER

The first-ever appointed “Performance Czar,” and deputy OMB director was forced to withdraw her name this week over nonpayment of taxes as well. While overshadowed to a certain extent, the issue proved all the more pressing when looking at Obama’s nominees, causing an oversized impact.

STATUS: NOMINATION WITHDRAWN