Paying fines like Timmy!

From the TaxProf:

GOP Introduces Geithner Penalty Waiver Act

Congressmen John Carter (R-TX) and Lynn Westmoreland (R-GA) yesterday introduced the Geithner Penalty Waiver Act, requiring that the IRS assess the same penalty against U.S. taxpayers that came forward in the UBS tax fraud investigation as paid by Treasury Secretary Timothy Geithner for failing to pay taxes on his IMF income — zero.  From Congressman Carter’s press release:

Carter says the Equal Protection Clause of the 14th Amendment to the U.S. Constitution mandates equal penalties for similar offenses, and that the failure of the IRS to assess any penalties against Geithner demands similar penalties for all taxpayers with substantially equivalent cases. “This bill seeks to codify what is now established by the law of precedent,” says Carter. “The Geithner case has established a legal precedent for the determination of penalties by the IRS, and that precedent can be cited in all federal tax courts. The penalty is now set at zero.” “Taxpayers who willfully attempt to evade paying their fair taxes should pay a penalty, or our tax code becomes unenforceable,” says Carter. “This bill is not to reward tax evaders, but to defend the Rule of Law itself. If we as a nation choose not to enforce the law against the politically privileged, then we cannot enforce the law against others without undermining respect for the law

It seemed that when Obama took office, one couldn’t fire up a system without hearing about the next appointee that had tax problems.  Certainly, many on the Right who would consider themselves part of the "Little People" politically had much angina over the fact that wrists were slapped vs. hearing handcuffs being slapped on such wrists.  You and me with such behavior? 

Yeah, we’d be meeting our very new BFF, Bubba in our steel rod equipped "spa".

Timmy, the head honcho for taxation and its enforcement, got off pretty much scot-free; would we?

Let’s see, the Democrats are always crying out that things should be "equal", right?

Actually, that IS the intent of living under the Rule of Law!

(H/T: Instapundit)