It’s like America is suddenly run by a bunch of Marxist pigs...

[Dick Tuck]

The bottom line is still the fact that Obama put his policical ass on the block, and pushed for our financial system to keep intact. What is it with the ball suckers?

 

[Capitalist]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

But not under Marxist gang law......

 

[Big Fitz]

The bottom line is the bottom line. President Obama did bail out our financial industry, and did so while being bitch slapped by jerk off tea baggers. Only a complete fucking idiot would claim that someone who put his ass on the line to save capitalism is a socialist.

Except that... he didn't.

Pelosi, Reid, Bernanke and W did that much to our detriment in 2008 before P-BO was president. I seem to remember watching the newscasts.

They did it with money we don't have and now are hoping the banks DON'T start lending it because that will cause a spike in inflation so hard it will kill this economy.

Only an idiot thinks it was a smart thing to do.

 

[Si modo]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

But not under Marxist gang law......

True.

I hope that someone gets to the bottom of this. Abuse of power is unacceptable and we have laws in place to protect us from just that. No one, even the President, is above the law.

 

[LibocalypseNow]

"Hopey Changey." Isn't it fun?

 

[rdean]

It's Republicans who are hard at work sending jobs to China, building up that "socialist/communist" country's economy and destroying ours. How come the right doesn't give that a "wonder"?

bullshit. we endure China's exploitation because they have financed our deficits.

They are "paying us" to destroy our middle class so we do it because they are "paying us"?

Only the Middle Class isn't seeing the money.

Right wing rhetoric goes round and round. Round. Like a fruit cake. Only "nuttier".

 

[rdean]

"Hopey Changey." Isn't it fun?

You've learned well from your corporate masters.

 

[Si modo]

It's Republicans who are hard at work sending jobs to China, building up that "socialist/communist" country's economy and destroying ours. How come the right doesn't give that a "wonder"?

bullshit. we endure China's exploitation because they have financed our deficits.

They are "paying us" to destroy our middle class so we do it because they are "paying us"?

Only the Middle Class isn't seeing the money.

Right wing rhetoric goes round and round. Round. Like a fruit cake. Only "nuttier".

Pay attention, deanie-do.

K. Let's get your attention: I am one of those 6% of scientists who is a Republican.

Good, we have your attention. Now, forget about Obama; forget about Bush...just for the moment.

Do you think it is acceptable to have a government official use their access - access you or the press don't have because you are not government - to confidential information for a partisan purpose?

 

[Madeline]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

Yes, it is Si modo, but a business run as an S corporation has a need for data that an ordinary corporation does not...ergo, its bankers would have this information. Certainly, its tax filing status and tax attributes would be known to any owners. And like bankers, some suppliers and customers would know if the business was an S corp.

It's not really a big fat secret. An S corp is just am incorporated business that reports as a general partnership. It makes an informational filing, and the owners report their share of its tax attributes on their individual returns.

 

[Si modo]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

Yes, it is Si modo, but a business run as an S corporation has a need for data that am ordinary corporation does not...ergo, its bankers would have this information. Certainly, its tax filing status and tax attributes would be known to any owners. And like bankers, some suppliers and customers would know if the business was an S corp.

It's not really a big fat secret. An S corp is just am incorporated business that reports as a general partnership. It makes an informational filing, and the owners report their share of its tax attributes on their individual returns.

And, tax information is STILL confidential under federal law.

Your point is what?

 

[Madeline]

If I can find out Koch Industries' tax filing status during one trip to the public library, it's not "confidential information".

 

[Si modo]

If I can find out Koch Industries' tax filing status during one trip to the public library, it's not "confidential information".

Under federal law, tax information is confidential.

I can't make that any more clear. Perhaps you need to brush up on your definition of confidential.

But, do go to the library and post what tax information about the Koch's and/or AFP you find...and leaks from the press and/or Oval Office don't count.

 

[Madeline]

A business must -- MUST -- provide to its bankers and in some cases, suppliers and customers, its tax identification number, Si modo. An s corp would need a certain level of detail data that a c corp would not -- telegraphing its status.

C Corporation vs S Corporation - Difference and Comparison | Diffen

This is akin to "revealing" that my brother and his wife filed jointly last year. It just is not the sort of "tax information" most people in business cannot suss out about one another pretty easily.

 

[Si modo]

A business must -- MUST -- provide to its bankers and in some cases, suppliers and customers, its tax identification number, Si modo. An s corp would need a certain level of detail data that a c corp would not -- telegraphing its status.

C Corporation vs S Corporation - Difference and Comparison | Diffen

This is akin to "revealing" that my brother and his wife filed jointly last year. It just is not the sort of "tax information" most people in business cannot suss out about one another pretty easily.

And, under federal law, tax information, especially what one pays, is confidential.

What part of the definition of confidential has you so very perplexed?

Good God.

 

[Madeline]

Obviously we are talking past one another. A tax ID number is not a "confidential piece of information" in the manner of say, total wages. Look at any w-2 you have ever recieved, Si. The business' number is on it.

 

[Si modo]

Obviously we are talking past one another. A tax ID number is not a "confidential piece of information" in the manner of say, total wages. Look at any w-2 you have ever recieved, Si. The business' number is on it.

And, that's a strawman. I don't play with strawmen.

As the White House made very strong implications about the amount of tax money Koch and his business pay - not about any tax ID number, ie. your strawman - they are talking about confidential information. Not allowed under federal law, even if they do have access to that information. ESPECIALLY when they have access to confidential information. It's called, at a minimum, "Public Trust".

 

[Mr.Fitnah]

Suddenly ?

 

[theDoctorisIn]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

But corporate structures are not.

What "confidential" information did the administration tell to the press?

 

[Si modo]

If Koch Industries is an S corporation, it had to file for that status and it has to report same to many third parties: owners, bankers, suppliers, some customers, etc. It could hardly be called a "secret".

Get a grip, Capitalist.

Tax information is confidential, under federal law.

But corporate structures are not.

What "confidential" information did the administration tell to the press?

1. Try reading the article.

2. Try reading the thread, especially just two posts above yours.

 

[theDoctorisIn]

A business must -- MUST -- provide to its bankers and in some cases, suppliers and customers, its tax identification number, Si modo. An s corp would need a certain level of detail data that a c corp would not -- telegraphing its status.

C Corporation vs S Corporation - Difference and Comparison | Diffen

This is akin to "revealing" that my brother and his wife filed jointly last year. It just is not the sort of "tax information" most people in business cannot suss out about one another pretty easily.

And, under federal law, tax information, especially what one pays, is confidential.

What part of the definition of confidential has you so very perplexed?

Good God.

The fact that S-corps don't pay ANY corporate income tax is NOT confidential. In fact, it's in the definition of an S-corp.