Obama Plan Has Already Boosted IRS Tax Collections
(2009-01-31) — In office less than two weeks, President Barack Obama has already increased tax receipts at the U.S. Treasury with an innovative plan to get tax-dodgers to pay up, in full, immediately.
“The president’s plan is simple but ingenious,” said White House spokesman Robert Gibbs, “He targets wealthy individuals who filed inaccurate tax forms, cheating the government out of tens of thousands of dollars. Then he just nominates them for cabinet positions. They suddenly see the error of their ways, and they cut checks for the full amount owed, plus interest.”
In the month of January alone, Mr. Obama has forced Timothy Geithner, former president of the Federal Reserve Bank of New York, to cough up $43,000 he owed the IRS, and former Sen. Tom Daschle to pay off his $128,000 tax obligation. Mr. Geithner will put his tax-paying experience to good use, overseeing the IRS as Secretary of the Treasury. Mr. Daschle hopes his recently-good behavior will garner Senate confirmation as the next Secretary of the Health and Human Services.
February 2, 2009
President Obama's ingenius plan to get tax cheats to pay up
Scott Ott notes: