{"id":2606,"date":"2009-03-19T10:36:49","date_gmt":"2009-03-19T15:36:49","guid":{"rendered":"https:\/\/blacknell.net\/dynamic\/?p=2606"},"modified":"2009-03-19T10:36:49","modified_gmt":"2009-03-19T15:36:49","slug":"only-little-people-pay-taxes","status":"publish","type":"post","link":"https:\/\/blacknell.net\/dynamic\/2009\/03\/19\/only-little-people-pay-taxes\/","title":{"rendered":"Only Little People Pay Taxes"},"content":{"rendered":"<p>The <a href=\"http:\/\/tpmdc.talkingpointsmemo.com\/2009\/03\/house-dems-find-13-bailout-recipients-owe-back-taxes----after-telling-treasury-they-didnt.php\">hits keep on coming<\/a>:<\/p>\n<blockquote><p>Just when you thought it was impossible to find more proof of the bungling of the bailout &#8230; Rep. John Lewis (D-GA), chairman of the House Ways and Means oversight subcommittee, <a href=\"http:\/\/www.talkingpointsmemo.com\/news\/2009\/03\/13_firms_receiving_federal_bailout_owe_back_taxes.php\">announced this morning<\/a> that his panel had found 13 of the top 23 recipients of TARP owing the government $220 million in back taxes.<\/p>\n<p>Making matters worse was the fact that any company getting TARP aid had to certify to the Treasury Department that they <em>didn&#8217;t<\/em> owe back taxes before getting their share of the bailout, as Lewis explained. It appears that Treasury took the bailed-out businesses at their word rather than asking to actually see their tax records.<\/p><\/blockquote>\n<p>This was a foul-up under Bush\/Paulson, but the Obama Administration needs to turn around and look at those posters that put them there.\u00c2\u00a0\u00c2\u00a0 They need to take that CHANGE a bit more seriously, or they&#8217;re going to take it on the chin.\u00c2\u00a0 To be clear, they&#8217;re not approaching the financial sector in any fundamentally different way than did the Bush and Clinton Administrations, so it would be unfair to say that they&#8217;re any worse than what came before.\u00c2\u00a0 But that&#8217;s not the measure they&#8217;ve set for themselves, nor is it one that anyone should be willing to let them skate on.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hits keep on coming: Just when you thought it was impossible to find more proof of the bungling of the bailout &#8230; Rep. John Lewis (D-GA), chairman of the House Ways and Means oversight subcommittee, announced this morning that his panel had found 13 of the top 23 recipients of TARP owing the government [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"ngg_post_thumbnail":0,"activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":4,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"","footnotes":""},"categories":[6,8],"tags":[125,127,128,126,123,124],"class_list":["post-2606","post","type-post","status-publish","format-standard","hentry","category-policy","category-politics","tag-bailout","tag-change","tag-financial","tag-obama","tag-tarp","tag-tax"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/posts\/2606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/comments?post=2606"}],"version-history":[{"count":1,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/posts\/2606\/revisions"}],"predecessor-version":[{"id":2607,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/posts\/2606\/revisions\/2607"}],"wp:attachment":[{"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/media?parent=2606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/categories?post=2606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blacknell.net\/dynamic\/wp-json\/wp\/v2\/tags?post=2606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}