I am not convinced that the taxable income status is so clear.

Since no one took the challenge, here’s a large hint. Section 61 itemizes various forms of income and generally is regarded as the “fundamental theorem” or “prime directive” of income taxation. Section 102 defines non-taxable gifts. Read both and compare. Then read the regs promulgated by the IRS under each. You got Internet? Prove Daschle wrong.

J.

But I just use TurboTax to do my taxes online, and — thanks to Secretary Geithner — we know how unreliable TurboTax can be…

J.

It’s refreshing that we some someone who holds himself accountable back in charge.

Sheer incompetence

Aren’t you getting tired of pressing the barrel to your temple, Joy?

Sometimes services have to be recognized as income and sometimes they do not. Obama doesn’t have to recognize the value of his car and driver; they are essentially a mandatory working condition fringe, and exempt from the definition of taxable income. In addition, gifts of services are sometimes taxable as income and sometimes treated as bona fide gifts. Daschle re-filed an amended return in accordance with tax law and procedure, and paid the amended balance due with interest and penalties. The tax payers were not harmed; they made out better than if Daschle had paid on time.

Quick, wingnuts: what section of the U.S. Code provides the definition of income that Daschle violated? Do you know “your enemy”? If not start studying, as my tax law professors might have said 15 years ago in law school. I will hat tip on my blog the conservative commentator who gets the answer right the quickest.

Well good thing he isn’t, now isn’t it?

And I see that jmac doesn’t oppose or have any issue with having gallons of blood on his hands. Good to know.

So I guess he’s another Joe the Plumber. A “non-deliberate tax evader.” Right on. CHANGE WE CAN BELIEVE IN!

Perhaps “Tax Cheat Tommy” should be his nickname. Or TCT for short.

Hey, these are your standards guys. Ashame they didn’t research Daschle the way they did a plumber from Ohio.

Sheer incompetence.

………..and the trainwreck rolls on………..

I thought Obama pledged that no lobbyists would serve in his administration or does that directive have an asterisk by it too?

“Comparisons to the last 8 years of crap are ridiculous.”

Who’s comapring to the last 8 years. It’s the typical culture of corruption of the democrat party.

Did you not see any of the numerous stories of how Bush/Cheney “hand-picked” intelligence, disregarded reports that didn’t support what they wanted to hear, and generally refused to listen to intelligence agencies that said its case for war was weak?

Must be nice to have such selective eyes.

Gads, Oliver, Bambi’s only two weeks in to this so far. Take the nightmare start of these past two weeks and project out another 206 to the end of his first term, and even the most loyal and starry-eyed Obama supporter has to seriously wonder if he gets the job for the next 208 weeks after that.

My last linky no worky, apologies.

No Vetting Watch

Gads, Oliver, Bambi’s only two weeks in to this so far. Take the nightmare start of these past two weeks and project out another 206 to the end of his first term, and even the most loyal and starry-eyed Obama supporter has to seriously wonder if he gets the job for the next 208 weeks after that.

Wait. Let’s give him a do-over.

Farris, is that really the comparison you want to go with? Because, you know, there is an important difference you might want to consider.

I never hem.

Haw!