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Congressmen introduce Geithner Penalty Waiver Act

Wed, 12/02/2009 - 5:32pm | posted by Jason Pye

Rep. John Carter (R-TX) and Rep. Lynn Westmoreland (R-GA) have introduced legislation, the Geithner Penalty Waiver Act, that would require the IRS to “grant all taxpayers currently seeking penalty relief on foreign deposit back taxes the same zero percent penalty rate as [Treasury Secretary Timothy] Geithner was assessed for failure to report or pay taxes on IMF income.”

Here is video of Carter and Westmoreland, who we chatted with about ObamaCare last month, presenting the bill on the floor:

  • 286 reads
  • Tagged: Geithner Penalty Waiver Act John Carter Lynn Westmoreland Timothy Geithner

All I have to say is two words:

Hell yeah!

“In this free nation we do not choose to be ruled, we elect to be governed.”
— Barry Goldwater

lbrady's picture
Luke Brady on Wed, 12/02/2009 - 11:17pm.

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