Weekend Round-Up: Tax Cheats in Government Edition
Periodically in recent months Mr. ToughMoneyLove has expressed doubt (actually almost certainty) that a new administration would make changes but not those we could believe in. Government continues to throw money at problems without properly acknowledging that it is one of the problems.
Now it is clear that some of our new Cabinet officers have their own money problems, namely, being tax cheats. Treasury Secretary Geithner and HHS nominee Daschle both seem to have trouble with tax law compliance.
Some of your may be offended by my use of the “tax cheat” label. These fellas claim to have made innocent mistakes. Is the idea of having tax incompetents running our government and spending our money more appealing? Is anyone surprised that a new President has the same tendency as our previous President, i.e., picking “leaders” in spite of some painfully obvious (and in my opinion, disqualifying) flaws? I am not surprised. As usual, politics trumps competence and integrity.
A few personal finance articles I read this week that I think may be worth your time as well:
The Dough Roller published a comprehensive guide to resources that may help stop foreclosures. If you know someone at risk of losing their home to foreclosure, this would be good place to send them.
Here is a timely reminder of why not to use tax refund anticipation loans from Everyday Finance.
Money Ning explains why we should not be so negative in our feelings about current economic conditions.
My writing appeared in these personal finance Carnivals this past week:
Keep your eyes and ears open for more interesting news about the Obama Cabinet nominees. Not all of it will be good.
Image credit: sanja gjenero