OBAMA AND WALL STREET
Big bonuses also benefit Uncle Sam, remember?
I don't understand why President Obama or his followers object to large Wall Street bonuses. The government taxes those bonuses at almost 50 percent. It's easy money for the government. People bust their butts to earn them, and the government just slips its hand in their pockets and takes almost half. In my opinion, that is what is obscene.
MARY RASSMUSSEN, FARMINGTON
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Instead of bashing Wall Street every five minutes for its financial practices, perhaps Obama should worry about whether his Cabinet appointees pay their taxes.
"Change we can believe in" -- what a joke. "Politics as usual" is more like it.
JEFF SEYFERT, FARMINGTON
OBAMA'S NEW APPROACH
Nominees' tax problems seem old, self-inflicted
The Star Tribune's Feb. 4 editorial questions whether the tax code is too long and complicated and whether that is part of the reason that Tim Geithner, Tom Daschle, Nancy Killefer, Charles Rangel and others are being caught now with their tax envelopes empty (and some of them embarrassing President Obama and seriously damaging the credibility of his proclamations of new approaches and a new America).
The tax code might be complicated if, for example, one is dealing with returning profits from a foreign subsidiary or some similar esoteric issue. But the issues facing the current and earlier miscreants are quite simple.