Where is the Tax Man?
Is it just me or have the recent appointees to President Obama's
cabinet been playing hooky with their taxes? First, it was Tim
Geithner, a mastermind at the Treasury, who is going to be the savior
of the economy. Now it's Tom Daschle, the guy who's going to rescue the
country from the healthcare crisis.
I wonder how many more powerful,
well-connected people have hidden money that we desperately need and
the only reason they're disclosing it is because they're being
considered for Cabinet level positions.
And you thought this article
would be about shaming them. Actually, it's not.
If these whiz kids and
super intellectuals are having issues with their taxes, can we really
blame Joe six pack for failing to disclose income from that side job
mowing lawns in the summer or shoveling snow in the winter? Let's all
give the President one word of advice: Simplify, simplify, simplify.
(they say if you repeat something three times, it works!). I think John
McCain had a good idea when he wanted to come up with an alternative,
simpler tax system.
I'm hoping Obama adopts something along the same
lines. In the meantime, keep all those records from banks and brokerage
firms. Remember, they have a tendency to update them and send new ones
out, correcting errors on the previous ones. So, wait a while, and file
your taxes in March or April. And make sure you get a good CPA!
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