Tax Troubles for Obama’s Chief of Staff Rahm Emanuel’s

Rahm’s ‘rent’ is just the tip of the ethics iceberg
New York Post
by Dick Morris
News broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) – and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel’s previously undisclosed ethics problems.
One issue is the work Emanuel tossed the way of De Lauro’s husband. But the bigger one goes back to Emanuel’s days on the board of now-bankrupt mortgage giant Freddie Mac.
Emanuel is a multimillionaire, but lived for the last five years for free in the tony Capitol Hill townhouse owned by De Lauro and her husband, Democratic pollster Stan Greenberg.
During that time, he also served as chairman of the Democratic Congressional Campaign Committee – which gave Greenberg huge polling contracts. It paid Greenberg’s firm $239,996 in 2006 and $317,775 in 2008. (Emanuel’s own campaign committee has also paid Greenberg more than $50,000 since 2004.
Emanuel never declared the substantial gift of free rent on any of his financial-disclosure forms. He and De Lauro claim that it was just allowable “hospitality” between colleagues. Hospitality – for five years?
Some experts suggest that it was also taxable income: Over five years, the free rent could easily add up to more than $100,000.
Nor is this all that seems to have been missed in the Obama team’s vetting process. Consider: Emanuel served on the Freddie Mac board of directors during the time that the government-backed lender lied about its earnings, a leading contributor to the current economic meltdown.
Meanwhile, Emanuel was paid more than $260,000 for his Freddie “service.” Plus, after he resigned from the board to run for Congress in 2002, the troubled agency’s PAC gave his campaign $25,000 – its largest single gift to a House candidate.

The president’s chief of staff isn’t subject to Senate confirmation, but his ethics still matter. Is this the change that we can depend on?

And there is this…….
wnd
There could be tax troubles on the horizon for White House Chief of Staff Rahm Emanuel, who reportedly has lived rent-free in Washington for five years but hasn’t paid taxes on the imputed income from that, according to reports.
According to the New York Post, the free rent in a home owned by Rep. Rosa DeLauro, D-Conn., and not disclosing that “gift” apparently isn’t all that’s being questioned about Emanuel’s arrangements, either.
Another issue is “the work Emanuel tossed the way of DeLauro’s husband, Democratic pollster Stan Greenberg.”
The report said Treasury Secretary Timothy Geithner was confirmed despite not having paid on times the taxes he was supposed to have paid, Health and Human Services nominee Tom Daschle withdrew his name over unpaid taxes and proposed Chief Performance officer Nancy Killifer also withdrew over similar problems.
Also, while the issue didn’t involve taxes, Obama’s first pick for secretary of commerce – New Mexico Gov. Bill Richardson – proved an embarrassment because of his involvement in an alleged pay-to-play scheme.
And according to reports in the Minneapolis Star-Tribune, Democrat comedian Al Franken, whose challenge to incumbent Sen. Norm Coleman still is awaiting a result in the courts, also had tax issues during his campaign.

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Wild Thing’s comment……..
This whole corrupt admnistration is filled with law breakers and most don’t like to pay taxes. And these hypocrites lead by Obama want to tell all of us that Iwe have to sacrifice to better the economy. sheesh

….Thank you Mark for sending this to me.
Mark
3rd Mar.Div. 1st Battalion 9th Marine Regiment
1/9 Marines aka The Walking Dead
VN 66-67