** Update 2/2: Well.. either great minds think alike or folks over at FoxNews visit our humble site. On Fox & Friends this morning, the idea that Obama has identified a great way to generate tax revenue by nominating evaders was stated almost exactly as it appears here… not the first this has happened… happens frequently enough for me to start wondering if this is more than a coincidence. Probably just a coincidence… but if not, feel free to toss a hat tip my way. **
President Barack Obama has discovered an as yet untapped source of tax revenue that should considerably help offset the increase in expenditures associated with the “stimulus” plan he is proposing.
By seeking out tax evaders as candidates for cabinet positions in his administration, he has cleverly found a way to tap a neglected constituency: liberal politicians who believe tax laws only apply to other people.
First we had Treasury Secretary Timothy Geithner, who more than likely would not have bothered to pay back taxes owed had it not been for his nomination.
Now we have Tom Daschle, from AP:
Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in back taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.
$137,167 in taxes and interest? No penalties? If you or I owed that much, do you think we would be in line for a cabinet post or any other government job? I suppose we might be offered a temporary assignment as a member of the environmental protection team, cleaning litter on the side of major highways.
At this rate, if Obama appoints another 6.6 million people to government jobs who owe about $150,000 in taxes, he’ll have collected enough to cover a one trillion dollar stimulus plan.
Which leads to an interesting thought… if the federal government dumps one trillion into the economy, it would take one hundred million of us tax payers paying $10,000 each in ADDITIONAL taxes to pay that off without interest…
So, if you are one of the top 100,000,000 tax payers in this country, figure on a pretty hefty tax bill down the road… I feel stimulated already.
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