Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Intuit falls after Geithner says he uses TurboTax

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:57 AM
Original message
Intuit falls after Geithner says he uses TurboTax

U.S. stock market report 1130 ET 21Jan2009-Intuit falls after Geithner says he uses TurboTax ------------------------------------------------------------------------------

Shares of Intuit Inc fell immediately after Timothy Geithner said on Wednesday he uses the company's TurboTax software product.

It was recently discovered that Geithner, the nominee to be secretary of the Treasury, failed to pay more than $34,000 in tax for Social Security and Medicare from 2001 to 2003.

Intuit stock was down 1 cent to $22.78. Immediately after Geithner said he uses TurboTax, the shares fell to a session low of $22.48.

http://www.iii.co.uk/news/?type=afxnews&articleid=71276...

Printer Friendly | Permalink |  | Top
BattyDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:58 AM
Response to Original message
1. Yeah ... I can see how that wouldn't be a good endorsement for them.
:rofl:

Printer Friendly | Permalink |  | Top
 
DS1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 11:59 AM
Response to Original message
2. TurboTax is great
I don't care what a cheat does with it.
Printer Friendly | Permalink |  | Top
 
noiretextatique Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:01 PM
Response to Reply #2
3. i prefer TaxCut
Edited on Wed Jan-21-09 12:01 PM by noiretblu
but i have used TurboTax too.
Printer Friendly | Permalink |  | Top
 
meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:03 PM
Response to Reply #2
4. Me too ...
waiting for the rest of my forms so I can file with it
Printer Friendly | Permalink |  | Top
 
theoldman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 12:20 PM
Response to Original message
5. Turbo Tax is great but it is not perfect.
I find it hard to believe that Geithner does all of his own taxes. Anyone who earns a six figure salary and has a complicated tax return should hire a knowledgeable person.
Printer Friendly | Permalink |  | Top
 
European Socialist Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 01:48 PM
Response to Original message
6. Geithner simply overlooked his tax obligation--I'm sure that....
explanation will work for me if I get in trouble with the IRS.
Printer Friendly | Permalink |  | Top
 
dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 02:50 PM
Response to Reply #6
7. esp. if you overlook it for several years until the statute of limitations expires on the back taxes
as was revealed in the hearings this morning.
Printer Friendly | Permalink |  | Top
 
Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 06:08 PM
Response to Reply #7
10. I think that's what he was doing.
Printer Friendly | Permalink |  | Top
 
.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 03:45 PM
Response to Original message
8. Total of four years ,
two fell out of statute of limitations, but he paid them anyway. I think total over $60,000. Does Obama just not know anybody to give these jobs to?
This guy doesn't seem the least bit interested in a real solution. Unless they are just hiding their cards until they can really throw the .... into the fan. My point about his attitude is that the country needs cpr and he is the cpr'er and he ain't jumping up and down and saying, sorry I made a mistake, but let me save this country and then judges me ! Maybe they are just finessing until every player is in position and then they are going to attack.
Printer Friendly | Permalink |  | Top
 
truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-22-09 03:01 PM
Response to Reply #8
13. Agree with you. Is Obama in hock to David Rockefeller
Or something? I cannot imagine why Geithner is on his list of appointees.

Your last sentence's meaning escapes me - but I am so sad that our nation's recovery is in the hand sof this dingbat.
(I don't know who your pronouns refer to.)
Printer Friendly | Permalink |  | Top
 
nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 05:36 PM
Response to Original message
9. I use TurboTax and I always pay my self-employment tax
Maybe I should get an appointment to something.
Printer Friendly | Permalink |  | Top
 
wildflowergardener Donating Member (863 posts) Send PM | Profile | Ignore Wed Jan-21-09 07:22 PM
Response to Original message
11. turbotax
Turbotax has nothing to do with what you take out for Social Security and Medicare does it? Maybe their business version does?

Meg
Printer Friendly | Permalink |  | Top
 
OneBlueSky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-22-09 10:13 AM
Response to Original message
12. it's not the software . . . it's garbage in/garbage out (GIGO) . . . n/t
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Jul 25th 2014, 04:04 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC