rssPlease Rangel Don’t Hurt ‘Em
Thursday, March 19, 2009 at 10:27 am
- 3 Comments
Glenn Thrush highlights a tweet from conservative Rep. Kevin Brady (R-Texas), bellyaching about a proposed punitive tax on AIG’s bonuses.
Tax AIG bonuses? Why do Dems believe solution to every problem is higher taxes? Its government’s money, we own AIG – get it back!
This is just one data point, but it demonstrates the danger of the GOP’s all-in messaging on the AIG bonuses. What, exactly, does Brady support as a method of penalizing AIG? Presumably he supports H.Res. 251, which would give the Treasury the unprecedented power to veto executive bonuses. But some Republicans are saying that the treasury secretary should resign. And H.Res. 251 isn’t likely to go anywhere, whereas whatever the Democrats propose, however punitive, will have the force of bipartisan outrage against AIG.
A few hours ago, Lawrence O’Donnell got to ask Rep. Eric Cantor (R-Va.) the question I put to some of the congressmen (through their spokesmen) who sponsored H.Res. 251: Will he support a punitive tax on AIG? Cantor couldn’t answer; the people I talked to in Congress wouldn’t say yes or no, yet. But think about it: How can Republicans vote against any measure that puts the screws to AIG? Politically, they really can’t. That’s Brady’s quandary — he’s a member of an economic populist party now, like it or not.
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3 Comments
Comment posted March 19, 2009 @ 5:33 pm
MORE TROUBLE FOR RANGEL
GEITHNER & RANGEL TO BE SUBPOENAED IN TAX FRAUD CASE
Federal Case Alleges Political Elite Get Favorable Tax Treatment Over Ordinary Citizens
On 5 March 2009 a Motion was filed in U.S. v. David Jacquot, Case # CR 08-1171, in the Federal District Court, in San Diego, California seeking to dismiss a false tax return indictment on the grounds that the Defendant was not treated in the same manner as politically prominent individuals. A hearing on this matter is set for 30 March 2009 in San Diego and the Defendant in this case intends to subpoena Secretary of the Treasury Timothy Geithner, House Ways and Means Chairman Charles Rangel, former Senate Majority Leader Tom Daschle, and others.
The Defendant in this case is David Jacquot, an attorney and retired Army Officer. He is a decorated disabled Desert Storm veteran living in rural Idaho with his family.
This “Geithner Motion” cites HR 735 titled the “Rangel Rule Act of 2009,” which if enacted, would eliminate penalties and interest for common citizens to allow them to be treated in the same manner as House Ways and Means Chairman Representative Charles Rangel. The Geithner Motion also quotes President Obama stressing the need to “treat common citizens in the same manner as politically prominent individuals in regards to tax matters”.
The Geithner Motion details how Mr. Jacquot was vindictively indicted in retaliation for his successful defense of his clients against the IRS. The tax returns of his corporate law firm for the four (4) years of 2001 to 2004 were investigated and the government alleges that the law firm declared almost $200,000 TOO MUCH income during this time period. The Geithner Motion contains descriptions of numerous actions by the government and Assistant U.S. Attorney (AUSA) Faith Devine that are the basis for the claim of retaliation against Mr. Jacquot for his zealous representation of his client’s Constitutional and statutory rights. The improper actions of AUSA Devine have been reported to the DOJ Office of Professional Responsibility for disciplinary action and are currently under review.
A copy of the Geithner Motion and the complaint against AUSA Faith Devine can be downloaded at:
http://www.jacquotlaw.com/vindictive-prosecution.html
Comment posted April 12, 2009 @ 6:40 am
not one american citizen should've complained about aig bonuses.congress broke the constitution by overtaxing them 90%.blame obama and congress for either lying,or for not reading the bill.
Comment posted April 12, 2009 @ 1:40 pm
not one american citizen should've complained about aig bonuses.congress broke the constitution by overtaxing them 90%.blame obama and congress for either lying,or for not reading the bill.
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