Showing posts with label Bush-era. Show all posts
Showing posts with label Bush-era. Show all posts

Sunday, August 26, 2012

36 Obama aides owe $833,000 in back taxes


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.

Thursday, August 9, 2012

Rep. Steve King considering bill to repeal everything Obama has signed


If Rep. Steve King (R-IA) has his way, everything President Obama has signed into law would be repealed, and he is considering a bill to do just that, The Hill reported Wednesday.
"King put forward this suggestion to an Iowa audience on Tuesday, when he also reiterated his threat to sue the Obama administration for its June decision not to deport younger illegal immigrants," Pete Kasperowicz wrote.
He also told a group of about 60 people in Humboldt County that he intends to sue the administration over an executive orderstopping the deportation of certain illegal immigrants.
''I am bringing him to court and we're going to defend the Constitution of the United States and the separation of powers,'' he said.
According to the Messenger, King's lawsuit may be filed before Labor Day.
"He said Tuesday that he decided to sue the president the day the executive order was announced," the Messenger reported.
King said that President Obama violated the Constitution by usurping Congress' role in the lawmaking process.
''He has prosecutorial discretion, but he does not have the ability to grant blanket amnesty to entire classes of people," he added.
While King's proposal would certainly undo ObamacareThink Progress said it would also end the Bush-era tax cuts that Obama extended in 2010, defund the military, strip Medals of Honor from 9/11 first responders and cancel plans to honor President Ronald Reagan.

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