Tipsheet

Another Expert Lawmaker Apparently Doesn't Know How to Pay Taxes

Meredith Jessup | November 02, 2009 8:24 PM

Roll Call is reporting that Texas Rep. John Carter (R) today admitted failing to report $48,000 in capital gains from stocks sold in 2008--this in addition to the approx. $300,000 he acknowledged misreporting between 2006 and 2007.

I will never understand: why is it so hard for lawmakers and policymakers to pay their darn taxes?