It wouldn't be a day...

...without tax evaders in the news:

California Congressman Calls Maryland Home to Gain Tax Credit

Representative Pete Stark, the second-ranking Democrat on the Ways and Means panel, in 2007 and 2008 saved a total of $3,853 in state and Anne Arundel County taxes on a Maryland waterfront home that he claims as his primary residence, according to Maryland tax disclosures.

Homeowners in Maryland qualify for the tax credit for residences they use “for the legal purposes of voting, obtaining a driver’s license, and filing income tax returns,” according to the Maryland Assessment Procedures Manual.

Stark, 77, confirmed in a telephone interview last week that he and his wife, Deborah, are registered to vote in California’s 13th congressional district using the address of her parents in San Lorenzo, about 25 miles southeast of San Francisco. Stark also said both he and his wife have California driver’s licenses.

I have an idea. Why doesn't Pete Stark go back to Maryland and stay there, and quit pretending to speak for the people of California? He can take that other carpetbagger from Maryland, Nancy Pelosi, with him.

Lawmaker: TARP Companies Owe Back Taxes

Of the 23 top recipients of government capital through the Troubled Asset Relief Program, 13 owe unpaid federal taxes, a U.S. House oversight committee reported Thursday.

House Ways and Means Subcommittee on Oversight Chairman John Lewis (D., Ga.) said the companies owe a combined more than $220 million in unpaid federal taxes. Of those companies, two owe more than $100 million each.

Rep. Lewis accused the Treasury of engaging in poor documentation practices by failing to ask companies to prove they didn't owe federal taxes, a requirement for government aid.

It seems the House Ways and Means Committee has its hands full these days. Not only can at least one member not live up to the standards they are supposed to apply to others, they can't even do the job they're paid to do. Sounds like they deserve to be a part of the AIG bonus pool.

In other news, Intrade is currently predicting a >20% chance that Tim Geithner will leave his post at the Treasury Department before June, and a 33% chance he'll be out before the year ends.