THE WEEKLY POINT

13 firms receiving federal bailout owe back taxes news.yahoo.com STEPHEN OHLEMACHER

Further evidence that bailouts were a bad idea?

At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday. Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece. “This is shameful. It is a disgrace,” said Lewis. “We are going to get to the bottom of what is going on here.”

View Points
13 Firms That Received Bailout Money Owe Back Taxes – NYTimes.com

AFP: US bailout banks owe millions in taxes: lawmakers

ABC News: TARP Corps. Owe More Than $220M in Back Taxes MATT JAFFE

Lawmaker: Bailed-Out Firms Owe Millions In Taxes : NPR

UPDATE 2-Some rescued companies owe U.S. taxes-lawmaker | Deals | Regulatory News | Reuters

Washington Times – EDITORIAL: Yet another insult to taxpayers

So? Who are the 13 ghost companies? | Gather

CNN Political Ticker: All politics, all the time Blog Archive – IRS committed to collecting back taxes « – Blogs from CNN.com Lauren Kornreich

Next Scandal: Unpaid Corporate Taxes – News Blog – Daily Brief – Portfolio.com

Rep. Lewis: Bailed-out firms owe IRS – MarketWatch

TheHill.com – 13 bailed-out firms owe $220M in taxes Silla Brush

13 Bailed-Out Banks Failed to Pay Taxes – washingtonpost.com Amit R. Paley

CQ Politics | Bailout Recipients Owe Millions in Unpaid Taxes, Rep. Lewis Says Benton Ives

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