Politico reports on Senators and their taxes.Here's Senator Max Baucus:
Baucus' office referred Politico to a 2007 Wall Street Journal article, which indicates that the senator underpaid his Washington, D.C., property taxes between 2003 to 2005, due to a computer error made by city tax collectors. When the error was discovered, the article says, Mr. Baucus was given 30 days to pay $5,625.72 in back taxes. The senator paid a few weeks after the deadline, accruing an additional $538.86 in penalties and interest.
In addition, according to the article, in Helena, Mont., Mr. Baucus paid a small penalty in 2002 due to a misunderstanding about who was supposed to remit the first property-tax payment on a home he purchased from his brother. The $1,650 bill was paid a few weeks late, and the senator was charged $60.36 in penalties and interest, which the brothers split.
Here's the righteous Senator Boxer:
Senator Boxer and her CPA found an inadvertent omission on her 2005 taxes and immediately filed an amendment the following week (4/18/2006) and she paid taxes in the amount of $6,053 to the federal government and $2,296 to the state of California.
NOTE: A spokeswoman for Boxer said that the answers are based upon the senator's returns from the previous five years, which is what she had available. The spokeswoman also said that she did not believe that voluntarily amending forms and submitting payment the week after tax day constituted having paid back taxes.
You'll want to read about the people who raise your taxes.
