Sunday, February 1, 2009

How the Dems Can Fund Their Stimulus

Is it just me or does the Obama administration seem to gravitate toward cabinet nominees who can’t shoot straight? Now Tom Daschle, Obama’s designated selection for the position of Health & Human Services Secretary, appears to have filed his income taxes using the Tim Geithner school of income disclosure. The former Senate Democrat Majority Leader is smack dab in the middle of a dust-up:
The controversy deals with a car and driver lent to Daschle by a wealthy Democratic friend, a chauffeur service the former senator used for years without declaring it on his taxes.(
Once again, the vetting process sharpened the nominee’s memory, as it did in the case of Mr. Geithner, and Daschle handed over a check to the taxman for $101,943. Of course a spokesman for Daschle qualified the action by
adding that Daschle had asked his accountant to look into the tax implications of the car and driver five months before Mr. Obama won the presidency. (ibid)
Of course he did. The fanciful taxes filed by Mr. Geithner, Mr. Daschle and the reigning Democrat Chairman of the House Ways & Means committee, Charles Rangel, have made it quite clear that the accountants available for hire in Washington, D.C. are writing lots of taxes, mostly fiction. Why would one expect an accountant from this fiduciary wasteland to be able to generate enough spin to amend a tax return in a mere 7 months?
While I am not an economist and don’t even play one on TV, this new method of tax collection seems perfectly suited to helping fund the litany of porcine entitlements proposed in the Obama-Pelosi Stimululator 2009. IRS coffers are already nearly 150k richer thanks to the Geithner & Daschle vetting processes. Why not set up the cabinet Secretary positions on a weekly rotating basis? Members of the Democrat party could be chosen at random from Congress, the Senate and various state-level positions around the nation. By vetting each of the 15 cabinet positions weekly, we would collect an additional $27 million annually, assuming the average Democrat tax dodge at around the current figure of $75,000 each.
Now $27 million sounds like a drop in the bucket compared to a trillion dollar stimulus. But if we started in the New Orleans and Chicago regions, the averages could rise much higher and faster. Oops, my bad. We did start in Chicago.

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