The Geithner Penalty Waiver Act?




Bwhahahahahaha is this for real?

I got this via Rep Carter's own people via email tonight so I'm curious what in the hell this could be about. Hell, they knew who to throw the piece of Geithner chum at. Can this go anywhere?

For Immediate Release: December 1, 2009
Geithner Penalty Waiver Act Introduced in House
Carter Bill would eliminate IRS penalties for foreign depositors

Taxpayers who applied for the U.S. Treasury Department’s amnesty plan for foreign income should pay the same penalty rate as that paid by the Treasury Secretary on his International Monetary Fund (IMF) back taxes, according to House Republican Conference Secretary John Carter. Carter and Congressman Lynn Westmoreland (R-GA) tonight delivered speeches on the House Floor Live on CSPAN in support of the Geithner Penalty Waiver Act.

Carter says the nation must take that step if it is to uphold the Rule of Law and the Constitution. “People must have the assurance they will be treated like their neighbor when an issue of law arises. That is a necessary ingredient to have a civil society, and that is what we have been fighting for in Iraq and Afghanistan.”


The former Texas judge this week is introducing the Geithner Penalty Waiver Act to grant all taxpayers currently seeking penalty relief on foreign deposit back taxes the same zero percent penalty rate as Geithner was assessed for failure to report or pay taxes on IMF income.

Carter says the Equal Protection Clause of the 14th Amendment to the U.S. Constitution mandates equal penalties for similar offenses, and that the failure of the IRS to assess any penalties against Geithner demands similar penalties for all taxpayers with substantially equivalent cases.

“This bill seeks to codify what is now established by the law of precedent,” says Carter. “The Geithner case has established a legal precedent for the determination of penalties by the IRS, and that precedent can be cited in all federal tax courts. The penalty is now set at zero.”

“Taxpayers who willfully attempt to evade paying their fair taxes should pay a penalty, or our tax code becomes unenforceable,” says Carter. “This bill is not to reward tax evaders, but to defend the Rule of Law itself. If we as a nation choose not to enforce the law against the politically privileged, then we cannot enforce the law against others without undermining respect for the law itself.”


Let's ignore that for a minute and talk about who delivered this information to my lap. If you check here, you'll see how Rep Carter's "Communications Director" behaves. I sort of like to see this sort of obvious renegade behavior in political media folks but mostly I loved digging around the comments:

Sorry, John, but you can’t spin this one away. Man up and take your licks instead of trying to weasel out of this (and, honestly, you botched that, too).

Even if you’re not a former journalist, a Sidney Falco type like yourself should understand the concept of full disclosure of affiliations in a public forum. Not identifying yourself in that post was both unethical and unprofessional by most standards, even the low ones of PR flackery and spin-doctoring.

Fortunately for you, the nature of your walking haircut of a boss means that the only consequences you’ll suffer are some scorn and mockery in the liberal blogosphere and some good-natured ribbing in the corridors for getting owned by one of those lowly bloggers.

And, hey, even if that bigoted empty suit lets you go, you have a great future with FreedomWorks, the Koch family astroturf racket that brought us the TeaBaggers. So ya got that goin’ for you…


Burn. -1 point for random capitalization of "teabaggers"

The press release comes with a "backup email" that also belongs to whoever owns Freedomfoundation.us, which brings us the following recent post on "the Fart Tax" (sounds suspect already):

If you think our present government has run out of creative ways to tax the life blood out of the middle class, think again. Enter the fart tax. (Read full text of HR 2454)

The fart tax is cleverly disguised as “Cap and Trade” to make it meaningless to the average citizen: the very person it most concerns. On the most basic level it is a tax levied against organizations that emit carbon dioxide. Carbon dioxide emissions are a byproduct of the use of fossil fuels, as well as a byproduct of air exhaled by living creatures. While it is extremely wise to conserve and protect the world we live in, it is also wise to make sure the conservation methods we attempt are effective.

Europe adopted the Cap and Trade method of controlling carbon emissions in 1997. The result eleven years later is that nearly every country that signed the agreement has higher carbon dioxide emissions today. In fact, many of their emissions are rising at a higher rate than that of the United States of America. Even more impressive, “even if the U.S. were a party to this treaty and the European nations and other signatories were in full compliance…the treaty would reduce the Earth's future temperature by an estimated 0.07 degrees Celsius by 2050--an amount too small even to verify.” (read complete article at heritage.org)

Not only has the tax failed to solve the problem it seeks to address wherever it is in effect, the burden has not been restricted to so called “big bad polluter corporations”. According to Reuters’ article “New Zealand Fart Tax Causes a Stink”, the government sought to extend the tax to livestock farmers to account for the flatulence of their cows and sheep: in other words, a fart tax. (read complete article)


WTF?! Anyway. Timmy, got anything to say about this? I'm assuming this guy's people will send it to yours and if not, don't worry, I have you guys on speedBB.

I'm confused. Can someone please explain what is going on here?

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.

4 comments:

W.C. Varones said...

I'm jealous. Why aren't Congress staffers throwing Timmy the Tax Cheat stories my way?

WCV,

Something about me obviously says "sure, I'll fuck with that"

Or maybe because I'm a girl? Who knows. You can have the next one :P

Pinky Swear said...

Who's sleazier, Geithner or the congressman's communications director?

David said...

Now that you mention carbon emissions as something every human exhales, I'm reminded of Wimpy as the island customs officer as Popeye steps ashore. One of the taxes he enumerates is "Breathing the Queen's Air Tax."