Full Tax Disclosure or Tax Revolt

The Market Ticker:

"I keep hearing people say they're going to file absolute crap this year.
Utter garbage. 'The Dog ate my Schedule C.'

If The American People do this, Mr. President, government funding will
collapse. The IRS can't possibly audit everyone and we all know it.

Your administration is dangerously close to creating a full-on tax revolt
among Americans. You would not believe how often I have heard this among people
both online and off in the last couple of weeks. The anger, especially when the
people who are cheating are folks like Daschle and Geithner, is VISCERAL - these
are the people who both wrote the tax code and were involved in the bailouts and
handouts which you expect we the people - ordinary Americans - to pay for.

I file and pay every year exactly what I owe. No cheating, no games, no BS.
I spend upwards of a full week preparing and checking my tax return to make sure
that I pay every dollar that is due (but not one more!) But now we discover that
every day another one of your appointees in your 'new day' for Washington DC has
cheated on their taxes and in the case of Daschle and Geithner they knew they
owed the money and didn't pay until you tapped them?

Against this backdrop you expect ordinary Americans to file and pay for
bankster bailouts to cover the fraudulent actions of the banking and
securitization industry?

You might want to rethink this one, and I can come up with only two ways to
do it:

- Audit EVERY Congressperson and EVERY staffer in your
administration, including yourself. Everyone, all the way back to the statute of
limitations, with the results of those audits made public.

- Ditch the IRS and the current tax system entirely (mooting the
question) and move the nation to The Fair Tax, thereby firing all the tax
lobbyists and game-players in DC and elsewhere.

Frankly I prefer #2 but #1 is acceptable.

"Do nothing", on the other hand, may well NOT be accepted by The American
people.

If what I hear in my day-to-day the patience of "The People" is about
done."

I hear the same type of anger in the people I talk with. They've really had enough of this garbage. Middle class doesn't like to pay taxes and support the system while the ruling elite skip out of their taxes - passing the buck to "the people".

Driving Tom Daschle

Driving Tom Daschle - WSJ.com: "Mr. Daschle says he used the car service about 80% for personal use, and 20% for business. But his spokeswoman says it only dawned on the Senator last June that this might be taxable income. Mr. Daschle's excuse? According to a Journal report Friday, 'he told committee staff he had grown used to having a car and driver as majority leader and did not think to report the perk on his taxes, according to staff members.' How's that for a Leona Helmsley moment: Doesn't everyone have a car and chauffeur, dear?"

ummm - Hello!! No we don't all have a car and chauffeur. Average Americans don't have political connections at hedge funds to give them a car and driver for 3 years or a "job" at the hedge fund that pays $1,000,000 a year. Are you kidding me - ARE YOU KIDDING ME? I want to know how much that hedge fund made - and from what? What connections did it get for that BRIBE. Oh I am so lucky I don't live in DC or I'd probably be arrested by now for egging him or throwing bags of dog dung at him.

Obama - Please!!! In appointing Mr. Daschle, Mr. Obama is showing that lobbying is fine as long as it is done by people who agree with him. If Mr. Daschle were the stand-up guy his fellow Democrats say he is, he'd withdraw his nomination and spare them the embarrassment of confirming someone else who thinks the tax laws apply only to other people.