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GEITHNER SAYS `LOTS OF UNFAIRNESS' IN U.S. TAX SYSTEM
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I'm an idiot. Deal with it.
Obummer may have tied Timmy
After sending Timmah a ZeroHedge t-shirt for winning quote of the day, Tyler Durden lit a joint and wondered if Timmah would wear it with his pajama bottoms when he played PPT.
Did you send The Bernank the "Gold Bitchez" mug?
well i guess he know the truth that his budget is full of shit.
In related news, Congress actually was debating the merits of honoring Albert DeSalvo when someone finally pointed out that Al was the "Boston Strangler!"
Tax time again Tim.
+ 1 :)
Taxes paid with bankster blood.
In what context was he talking - from a personal perspective?
at his desk with turbo up
About the fact that billionaires have to pay more taxes then a unemployed crippled Veteran.
Billionaires pay taxes? When did that start?
i agree. look at the person heading the treas/IRS
MUBARAK SAYS `LOTS OF UNFAIRNESS' IN EGYPTIAN POLITICAL SYSTEM
SPITZER SAYS `LOTS OF UNFAIRNESS' IN MARRIAGE VOWS
HILDEBRAND SAYS `LOTS OF UNFAIRNESS' IN EUROPEAN CURRENCY SYSTEM
PAPACONSTANTINOU SAYS `LOTS OF UNFAIRNESS' IN SOVEREIGN RATING SYSTEM
OBAMA SAYS `LOTS OF UNFAIRNESS' IN NOBEL PRIZE VOTING SYSTEM
BLANKFEIN SAYS `LOTS OF UNFAIRNESS' IN ELECTRONIC TRADING SYSTEM
MASTERS SAYS `LOTS OF UNFAIRNESS' IN GLOBAL COMMODITIES SYSTEM
SACK SAYS `LOTS OF FUNNY BUSINESS' IN U.S. EQUITIES PRICING
ROTHSCHILD SAYS `LOTS OF UNFAIRNESS' IN SOVEREIGN DEBT SYSTEM
MADDOFF SAYS `LOTS MORE UNFAIRNESS' IN U.S. SOCIAL SECURITY SYSTEM
GM CHAIRMAN SAYS `LOTS MORE OF U.S. TAXPAYERS' MONEY' IN EMPLOYEE BONUSES
U.S. SURGEON GENERAL SAYS `LOTS OF UNFAIR CALORIES' IN VALENTINES CANDY
AMERICA SAYS `LOTS OF APATHY' IN U.S.
God bless our children, and strengthen them to undo what we have done, and to do what we have left undone.
here here! ( old british parlimentarian accent )...
Mrs Dapper Dan says "lots of unfairness in Mr Dappers refractory period"
Dexter Morgan say "LOTS OF UNFAIRNESS" when looking at his member.
Hedgey, you're on a roll, don't let anyone stop ya Son ;)
And now the non-financial spin:
Silvio Berlusconi says unfairness with jealous Italian women due to sexy 17-year-old Moroccan belly dancer.
GEITHNER SAYS 'LOTS OF UNFAIRNESS' HAPPENS WHEN BUBBA CLIMBS IN MY BUNK
what bit timmy, Tommy OperatickletixtiX?
nope, he's cookin up the cyan-eyed Kool "aid" for the sleeping mcmoneybags who are in "control", like he is!, to see if he can escape the noose and dodge Hanky Panky's Fate. But it won't werk.
The "progessive" (TOTALLY RETRO) on cumming VALUE ADDED TAX which will put more people on the street than Ray-gun-0-mickz. Just what we "deserve", huh. i'm sure that all the fuking nazis and brown-shits on thiiis site will be go straight into ecstatic convulions of JOY, and slewie hopes to hell you fucking ODE-dee on it!
nice to see you display some tactical design 4 a change, two!
love and let me kiss yer ass, right where the bullet went in!
are you married? i'm glad jomama didn't mizcarry!
Peace, love, and R&R
"Turbo Tax" timmy said that?!?!?!
I was recently audited by the kind and considerate IRS. After the audit was done and all papers were signed (so they couldn't try to screw me anymore) I asked the agent and her supervisor (who was there in the room at the time to "accept" the audit findings) what they thought of "Turbo Tax Timmy", my exact words.
They both blushed and said nothing. It seems that at least within my local IRS shake down office and measured by the standards of the IRS even the agents are embarrassed by Timmy.
You are doomed.
try the BM, cog dis psy. and don't keep any fuking re-cordz, eithner!
that is a job where you really need to believe in what you're doing...
I'd bet a card carrying libertarian within the IRS is more rare than a day in the red at JPmorgue-in.
I was audited by the IRS a couple of years ago and it was a pure sham. I had a small business and that only thing the agent went through was my day trading activities and home deductions. I had a second home and my accountant had accidentally put it on the wrong line and another (no way to confirm if it really was an accident). The agent clearly did not understand stock trading as all she was able to do was try to reconcile the numbers at the bottom of the page. I tried to explain to her that the basis may not be found in that year and what she was doing was not valid. I provided her with a complete spreadsheet breakdown of all fees and basis. I even found my previous employer's notes about exercising options and employee stock purchase (I had transferred some of these into my brokerage). Long story short, she made threats to move all proceeds to income and yelled at me during the audit. I told her if she did not understand she should refer to their experts (they have specialists in financial products). I went to her manager and the territory manager to resolve it. 9 months later I had a $2k refund which I doubt she had ever had to give. These people in the 1040 and small business self employed (SBSE) are Gestapo plain and simple. Never give into their tactics. They work for us!
If you want the IRS audit enforcement division to crawl all over you like African fire ants, just put "self-employed general contractor" in the Profession box and file a Schedule C.
"They work for us!"
Thanks for the laugh.
So obviously /sarc/ that I blew a neuron before I got your drift.
I have had some battles with them to and found that I was more knowledgeable then they were on a number of areas. I agree with you about not being afraid or giving into their intimidation techniques.
I had the displeasure of talking to the Idiot Recycling Service...
It took 5, yes 5 people to figure out they made a mistake. And for my competence, I get audited. FUCK YOU IRS!
the last time they came after a friend of mine with more than a feather, they sent her a billie douche that she had sold something so she must report to them about the proceeds and pay the taxes, and the clock wuz running on the penalties and "interest", of course. so, i advised her to "respond" with a 16-pounder and two gatling gunz, as per: what the FUK makes you think i made any "money" with the $50K "share" i cashed out for? please do not hesitate to respond, in full, regarding any EVIDENCE you might have regarding my ongoin willingness to fuk you wunder-barz right where i hear your "voice" originates. p.s. the dog ate my homework, again! pps c'mon DOWN!,
would you believe she took my free advice, & that wuz the end of it?
don't be scared, my friendZ, just make sure ya know the local rules, OK?
1) check to make SURE you can see the gameboard correctly.
2) NEVER "waive thyme", be a sage, sParsely, rosemary!
3) put on BEST show they've ever seen, as per the Berrigan Bros.
4) if you get conViC-ted, remember: "don't do the crime, if ya can't do the time."
5) try not to get "rendered" to, uh...Egypt, too, ok?
be serve learn
YouTube - Volunteers - Jefferson Airplane [Live at Woodstock 1969]
i think he just needs to read the 'help' files on his version of turbo tax.
Truth is stranger than fiction.
Laughter really is the best medicine.
with that i will plug WHEN GENIUS PREVAILED that TD has linked to here on ZH... always does the trick...
MoneyMcbags is classic dickjokes
Bad breaks, setbacks.Natural fact isI can't pay my taxes.
One of my all-time favorites.
that's why Timmy stopped paying his taxes
Which timmy. Fed timmy. Bank of New York Timmy or
action figures promtly needed (like blyth doll I saw on zh b4) for all timmy's andventures
Timmy the tax cheat. "It was an honest mistake". http://www.forbes.com/2009/01/13/treasury-geithner-obama-biz-beltway-cx_bw_0113geithner2.html
Why the F does that guy still have a job? Doen't anyone between Wall Street and K Street understand how in-f'n- competent all of this looks? Do any of them really believe that Average Joe is going to come rushing in to stand beside these obvious crooks and/or morons?
Do they stand around all day talking to mirrors?
UNBELIEVABLE! What a twat!
They just want your money, and they are getting it...
They need someone around to direct Sack to BTFD
You must have missed Timmy's gem that the corporate tax rate in the US should come down to the high 20% range.
For who, GE and Goldman? Timmy, they are in the 1% range, did you not know this?
Competence is not rewarded, its a threat to the incompetents running things.
Do any of them really believe that Average Joe is going to come rushing in to stand beside these obvious crooks and/or morons?
Do any of them really believe that Average Joe is going to come rushing in to stand beside these obvious crooks and/or morons?
Nope. They know that Average Joe could care less about Timmy and Co., and are too busy Idol gazing and dreaming of the stars.
"Lots of Unfairness in U.S. Stock Market System"
hahahahah! <slaps knee> Good one, Timmah!
it's not "fair" 180 million people can fill in tax forms and Timmay can't ...new IRS easier to fill-in 'Mental Incapacity & Retards Form' on its way just for Turbo Tim
How to pluck the goose with the least amount of hissing.
But wait a minute.
Didn't we neck 'em before plucking?
Unfairness??? Like paying back TARP and stimulous and QE 1, 2, 3, ...????
Go blow a goat timmy.
Holy... !! Is Geithner waking up?!!
Jump! You Fucker!
I have a great idea... let's not pay them. Wait Tiny Turbo tax Timmy already came up with that one.
When I dance they call me machivelli
When I pay taxes they all say I'm better than jelly.
They all want me they can't have me
So they all come and avoid taxes beside me
Repo good with me, collect interest with me
And if your good I take you to heaven with me
FURTHER SAYS MATH IS 'PRETTY HARD.'
Just remember, 4 out of 3 people have trouble with fractions.
WAD (Working As Designed)
Tax code is so big and vast no one living being can say they know it all at any given time. And when you add in the letter rulings and case law...well there is a reason people need accountants and tax lawyers.
It would take 6 months to read the tax code if you read 8 hours a day, 7 days a week. Provided you can read.
Maybe Stuxnet could be our "intergalactic saviors" who can bail-out the Fed by making the computers come to life and deposit the rest of that quadrillions of dollars so that we can continue to live the lie? Just a thought...
Hell, I'd settle for the destruction of the media satellites. Unscheduled re-entry.
Can't even turn my damn tv on. It's just frikkin annoying. It doesn't entertain. It doesn't inform. It's just pure can't do shit.
That's significant -- the people who sent this version of Stuxnet are afiliated with Think Progress and other radical groups quasi-affiliated with the current regime in DC. Includes grey haired domestic terrorists from the old Weather Underground working computer code instead of throwing molotov cocktails.
The victim, HBGary, was just hired by clients to get protection against this sort of thing. The Clockwork Orange Droogies leap-frogged the clients and attacked their security firm pre-emptively. Hyper-agressive and wreckless.
New Tax Income?
Green Tax Shoots Bitchez!!!!
you mean he took his thumb out of his mouth long enough to say a complet sentence? Was uncle Ben there to pat him on the head?
Oh, he took his thumb out alright. Only it wasn't in that orifice when he pulled his digit from the honey pot. Based upon Bloomberg, he was in up to his elbow and this was where he was headed.
HOLY INSERTS BATMAN!
Cog, I nearly fell out of my chair I was laughing so hard!!!!!!
Hey CD!You finally found Eric "Empty Suit" Holder, TSA-ing himself...
Atta -boy Holder
I think I see a polyp, somebody get a flashlight...
derek zoolander school for kids who dont do tax good
Was he talking about his personal situation? Dude, you are already Treasury Sect - no need to rehash items from 2 years ago.
They did not finish the quote, as it continued
".... for example, the guy before me... Hank, was able to cash out of $500M of Goldman stock tax free. Why don't I get $500M tax free? This is what I mean by unfair."
not if you use Turbo Tax
I try to avoid sales tax other than that, what the fuck is that?
well Tim you are right, but I guess the head of the treasury and IRS really can't be expected to do anything about it, Right?
Cmon Tyler, this quote has to be up there as QOTD as well:
JP Morgan CEO: Trading's been quite good this year
if some starwars or wizard of oz parody of this whole econ/gov fuckfest doesn't come out soon i may have to write the screenplay myself
More sudden realisation that the unwashed masses are mad as hell and aren't goonna take it anymore.
Funny how their honest and compasionate side presents itself as the gallows come in to view.
Just anothe rat preparing to leave a sinking ship.
My thoughts exactly.
But I love giving half of my earnings to the government!
It is unfair...over 50% of the people don´t pay anything...
Be careful what you wish for...the VAT is out there...waiting...watching.
Damn straight considering 90% of the people don't really own anything. 40% of those people are getting right shafted mate!
Charles Darwin was wrong
But the Peter principle is certainly right...
Flat tax, bitchez!!!
The peter principle. It explains most everything yet few people know about it nowdays. Good to bring it up here!
The Rubin PrincipleHarvard, Princeton, Yale oligarchy morons always fail upward...
The Peter PrincipleThe Bureaucrat (and CEO) rises to the level of his own incompetence...
i used to say that in the army
my wife lives it at work
i dont believe it applies to women though
no old boys nework to push 'em along
didnt know it had a name though
at first i though 'peter principle' had to do with "family guy" cartoon
shows where my brain is at
"Flat tax, bitchez!!!"
VAT Tax, bitchez....
i blame it on the snow
Fuk'n A! G-man?
i "hope" this is as goooo0d as a systemic takedown of my terminal idiocy, 678: 5 j's will never Be unuf 4 me?, 2? thx for cumming ground &, HopefullygH, cleaning up my little "mess".
this budZ fair you, 6, i hope, Being terminally LOST and, apparently, no longer williVAnilli to self-serf in the Club MED.
aswipe!?!: sounds like a plan 2 me<^>
YouTube - Batmanke Bill's the sail, er..
cover assetZ in PM'z. got graZie, s'lick?
am0nDzBusey for a.gen_T! medivac!
Are we green yet?
Let me tell you how it will be; There's one for you, nineteen for me. 'Cause I’m the taxman, Yeah, I’m the taxman.
Should five per cent appear too small, Be thankful I don't take it all. 'Cause I’m the taxman, Yeah, I’m the taxman.
(if you drive a car, car;) - I’ll tax the street; (if you try to sit, sit;) - I’ll tax your seat; (if you get too cold, cold;) - I’ll tax the heat; (if you take a walk, walk;) - I'll tax your feet.
'Cause I’m the taxman, Yeah, I’m the taxman.
Don't ask me what I want it for, (ah-ah, mister Wilson) If you don't want to pay some more. (ah-ah, mister heath) 'Cause I’m the taxman, Yeah, I’m the taxman.
Now my advice for those who die, (taxman) Declare the pennies on your eyes. (taxman) 'Cause I’m the taxman, Yeah, I’m the taxman.
And you're working for no one but me.
Geithner: " 'LOTS OF UNFAIRNESS' IN THE U.S. TAX SYSTEM --- that's why I cheat Big Time!"
Timmy, two words: TURBO TAX. If I don't pay my taxes can I become Treasury Secretary? I can blow money with the best of them!
Hey Tim, call Wesley Snipes. He's an income tax expert.
The key is to be an ex of that great institution...GS...the wizard of OZ since R.Rubin made it Clinton's gazing bowl into the future...oh, great bowl of light enlighten me of my wealth tomorrow..tell me to undo Glass Steagall to make great shitty..TBTF bank of america...what a trick that was...as GS...became the squid that ran the Octopussy scandal around poor captain Nemo and his brilliant Nautilus...relic of entrepreneurial america...drowned in the financial wizardry of the FIRE economy...bubble trouble ...without end...let cauldron of Benbernanification bubble...
Whoa! Someone call a Doctor, dis guy/gal has OD'd on Feariflu! :>D
Amazing Rabbi Geithner... what other words can you share with us that will lighten our burdens and ease the minds of us weary peasants? Such beautiful verse....
how about adding an "unfair" "fair" button in the Turbo Tax software to decide which tax we should be paying
More like a "do you work for the guberment" button
and one for "Sheeple"
Tim G 2012
Here you go: see if this applies to you (form 6331 Levy and Distraint):
This is very educational and good to know...
I found a different "quote of the day" from Nouriel Roubini:
"The weather is the last refuge of the scoundrels."
Becasue I HAD to know where it came from: HIGHLIGHTS-Geithner's testimony on budget to House committee
I was at a conference this weekend. Thomas Sargent was talking, and he said, "Geithner just doesn't have the intellectual capacity to be in the job he is in. The other guys, Bernanke, et al., at least they have the brains for it, but Geithner is just out of his league..."
Presented without comment...
Most of the MSM and government has chosen to sweep under the rug that Mr. Geithner was also one of the architects that caused the Asian currency crisis. Incompetent? Indeed!
He was the squid's choice. They dont need brains in that position just compliance. I bet he has a nice cushy job arranged for hm afterward by his overlords. Watch and see.
So did the Keebler elf, Geithner, suddenly become a proponent of the "fair tax"? Somehow, I doubt it!
Redistribution of wealth is what happens when you have an entire civilization that decides to codify the violation of "Thou shalt not covet" and "Thou shalt not steal!" John Adams said it results in tyranny and anarchy!
Seems to me that the fairest tax is one that taxes the RECIPIENTS of government largess at higher rates than those who PAY for that largess, just like the private economy that charges the RECIPIENTS of goods and services according to how much they BUY and CONSUME. Those who RECEIVE government services should PAY for those services, and those who receive MORE services should pay MORE for them. That would be the most effective way to encourage people to become ever more productive. The first $XXXX per year that we earn ALL go to the governement, and the more you earn, the more you get to keep. A regressive tax is the one that encourages work and productivity. Now THAT would encourage business investments and jobs!
I always thought the prime quality of a banker was precisely not to have a brain...be totally prudential...leave the brains to Capt. Nemo...unlike Ben...who thinks he's brilliant...help...
TURBO-TAX is the answer!!!
The tax code doesn't contain 500 million words in order to provide a fair system. It's written that way to provide loopholes to the people who pay the authors to write the words.
A "fair" taxation system will result in increased taxes for the wealthy, so we know it will never be made fair.
Take a break, guys. Look at Max Keiser from just about one year ago. Very funny.
This all needs to stop. Geithner forgot to pay his taxes, but imprisons those who don't pay theirs. Let alone the fact that your IRS money does not go to the government, instead the international banking cartel. Please inform yourself and spread the word.
Far be it from me to defend Turbo, but to this day I haven't been able to figure out how he was supposed to prepare his taxes when he worked for the IMF. He was a W-2 employee who's employer didn't pay their share of FICA.
If anyone out there knows how he was supposed to file, I'd love to know....
<sarc emphatically on\>
Zerohedge is losing its cred daily. But the one thing we could do before we move on to children of men is to beeseech the decider of taxes. The guy is the head of the US treasury and he could help decide this case. He is very busy, working on important stuff, but his name is also Tim. (No relation). If he could put a bar on tax collection in the same way Dimon has paused from foreclosures we could really appreaciate Ben and the FedRes for what it is. No jobs would be lost. Have every one of the Bloggers and IRS agents work for the the OnionSports Dome.
"GEITHNER SAYS `LOTS OF UNFAIRNESS' IN U.S. TAX SYSTEM"
Taxes Timmay Jeethner? Just STFU...That's good coming from a moron that can't even figure out Turbo Tax...
Turbo Tax? I've been calling Roto-Rooter.
End the Fed and you can eliminate the personal income tax AND the IRS - replace the current corrupt tax system and Gestapo IRS with a National Sales Tax. If you say flat rate tax on income or a VAT you are still stuck with the IRS.
15%-18% tax rate that EVERYBODY pays, with real estate exempted and perhaps also automobiles (the 2 big ticket items) - but then no interest deduction on a return you don't need to file......
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Turbo tax! My head hurts...
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