Wednesday, May 25, 2011

Tax Cheats and Our Tax Dollar..

All I can say about this administration is....."What a Country"!. Where else but the United States can you not pay any taxes, and be rewarded by receiving millions in "STIMULUS" MONEY!. Some companies received in the neighborhood of $24 million dollars in Stimulus, and owed an airplane in taxes,  $757 million in back taxes as of Sept. 30, 2009, as of the end of the budget year. This was found after a congressional investigation. Talk about corruption at the highest degree. Here is another examples of corruption,  an engineering firm received a $100,000 stimulus money, but owed $6 million in taxes. The IRS calls it "an extreme case of noncompliance."  What was their first clue?  Here is another example, a social services nonprofit received more than $1 million in stimulus funds owed taxes of $2 million.  Where do we draw the line on the corruption. You and I are expected to pay our taxes on time. If you do not, the IRS will hound you to no end; now that applies to us, the middle class only. If you are wealthy, or in the high end of the middle class, you can skate by, with the aid of your expensive tax attorney. Jeffery Immelt, CEO of GE earned $14.2 billion in worldwide profits last year, including $5.1 billion in the United States, and paid nothing a flat 0 in federal corporate income tax, not one thin dime, but Ole Shady had to pay his!! Bummer! 


However, the poor old "Joe The Plumber dude" gets tossed in the can because he could not afford to pay all of his taxes.  Nothing has changed in this country, it has and will continue to be made up of the HAVE and HAVE NOT'S.  What is amazing Obama has criticized Bush 43 for giving the breaks to the fat cats, and Obama is  doing the same thing...it is called "HYPOCRISY" to the tenth degree.  Imagine that. It is a absolute wonder that our once great country is even open for business. It is amazing, all of the massive spending, and unchecked fraud which continues is mind boggling. The fraud of the social security system by illegal aliens and citizens alike is amazing.    One might think if you are going to receive Government money, you should be current on your taxes. If you are the everyday Joe, and you owe the government tax money you can bet that the IRS will take what ever you owe the following tax year. I know this for fact...they have tagged me a couple of times.

For Republican the Congressional report provided another way to criticize Obama's recovery package. "This shows how fundamentally flawed the failed stimulus has turned out to be when Washington jams through almost a trillion dollars in spending with little scrutiny," said Sen. Orrin Hatch of Utah, top Republican on the Senate Finance Committee.

I continued to be amazed at the mere disregard on how our tax dollar has been used, and at the level of corruption, I guess I am in the wrong business, I have been told, CRIME DOES NOT PAY! Right, if your a politician it does...


Until Next time....Shady

2 comments:

The Texican said...

"If you voted for Obama in 2008 to prove you're not a racist – you'll have to vote for someone else in 2012 to prove you're not an idiot."

Anonymous

Charlie said...

Check into this a little further guys--almost half of the stimulus was not spending at all, but tax-cuts inserted to satisfy Republicans. These include the cash for clunker, and new home tax credits to name just a couple, and none of these created any jobs. Obama would have been better off to invest in infrastructure than provide all these extra giveaways. As to Dennis's comment--show me a candidate who's better! The current crop of Repubs and Tea-partiers are pathetic.