Thousands of tax cheats get stimulus money from Obama Administration

Why should this surprise anybody? Almost everybody on the Obama team (including his Secretary of the Treasury, Timmy Geithner) is a tax cheat. Via the Houston Chronicle:

Thousands of companies that cashed in on President Barack Obama’s economic stimulus package owed the government millions in unpaid taxes, congressional investigators have found.

The Government Accountability Office, in a report being released Tuesday, said at least 3,700 government contractors and nonprofit organizations that received more than $24 billion from the stimulus effort owed $757 million in back taxes as of Sept. 30, 2009, the end of the budget year.

The report said the tax delinquents accounted for nearly 6 percent of the 63,000 contractors and grantees examined and cautioned that the real number might be higher because the known tax debt does not measure such factors as income underreporting.

Among the examples was an engineering firm that received a $100,000 stimulus act contract but owed $6 million in taxes. The IRS called it “an extreme case of noncompliance.” A social services nonprofit that received more than $1 million in stimulus funds owed taxes of $2 million.

The GAO referred those two cases and 13 others to the IRS for further investigation.

Paying taxes are for the little people. And Republicans.

This Chronicle commenter sees the bigger picture:

Obama’s cabinet is full of tax cheats and I didn’t see the media get all riled up about that.

Also, I wonder what the difference between giving money to businesses who have some back tax issues and giving money (tax break) to people who haven’t paid any taxes and derive their entire sustenance from the government? I also wonder how many of these businesses are unionized?

There have been numerous reports from Fox News about how stimulus money has been wasted but a good part of it went to unions which will, in turn, be returned to Obama in the form of campaign contributions. Pretty neat, huh? Too bad we’ll never see any reports like that in the liberal media.