13 Bailed Out Firms Owe $220 Mil in Back Taxes

** WASHINGTON 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, 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, D-Ga. “We are going to get to the bottom of what is going on here.” – AP **

Tax dodging is rampant…tax simplificatin and smaller government is the remedy.

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