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Home Front: Politix

Franken to pay $70K in back taxes

2008-04-30

Senate candidate Al Franken says he will pay about $70,000 in back income taxes in 17 states going back to 2003.
The Minnesota Democrat has been under attack by Republicans for failing to file tax returns in California for several years when the comedian-turned-candidate earned money there.

Franken tells The Associated Press he never intended to avoid paying taxes. He says during the years in question, he paid his entire income tax bill to the city and state where he lived.

Franken says he did this on the advice of his accountant, but that he takes responsibility. Franken says that after he pays off the back taxes, he plans to file for credit on taxes overpaid in the city and state where he lived when he filed.

Posted by:Fred

#7 Thus ends another promising democrat political career.

*Sigh*unfortunately Als politcal career is still very much alive. Your talking about Minnesota politics here. His Ultra-Progressive Democrat opponent in the primary has most of the Mysterian vote locked-up but shares half of the Euphorian vote with Franken. Most importantly, Al still has the Labor Unions fully behind him ironically, even after he got busted for failing to pay Workmans Comp. insurance to his employees. That probably has a lot to do with Als special knee-pads and a little piece of pending legislation called the Employee Free Choice Act. And if he becomes the Democrats nominee for Senator, regardless of who he is, he will automatically get at least 90% of the local Media endorsements. On top of that, the liberal 527s have already designated Minnesota as one of the most vulnerable Senate seats and therefore have already started pouring some of their millions of dollars into their Anti-Norm Coleman ads.

Posted by: DepotGuy 2008-04-30 16:38

#6 "Thus ends another promising democrat political career"

There's room over at the American Party

Posted by: Mullah Richard 2008-04-30 12:44

#5 Multistate tax stuff can be annoyingly complex, which is why guys like Franken hire accountants to keep it all straight.

Intelligent people make sure to hire an accountant who knows the tax laws of the other states in which they do business, not Cousin Reuben or "Joe, the accounting student I partied with in college." Mr. Franken proves yet again he isn't nearly as clever as he thinks. A pity -- I used to find his characters on Saturday Night Live amusing... but then, he probably didn't write those scripts.

Posted by: trailing wife 2008-04-30 11:23

#4 Thus ends another promising democrat political career.

Posted by: wxjames 2008-04-30 09:52

#3 Multistate tax stuff can be annoyingly complex, which is why guys like Franken hire accountants to keep it all straight.

I cannot believe that a competent accountant would miss something this obvious. Hell, even TurboTax has multistate functions built into it!

I cannot believe that someone who runs in the circles Al Franken runs in doesn't appreciate that you have to pay tax where you earn the money--unless he's not as smart as he wants us to think he is.

Posted by: Mike 2008-04-30 09:40

#2 Looks like it ain't The Al Franken Decade anymore...

Posted by: tu3031 2008-04-30 08:38

#1 Franken tells The Associated Press he never intended to avoid paying taxes.

Didn't Wesley Snipes say the same thing?

...he plans to file for credit on taxes overpaid in the city and state where he lived when he filed.

Well, you have to pay your taxes first, lol...

Posted by: Raj 2008-04-30 08:10

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