Your morning jolt: Gingrey refigures his taxes

U.S. Rep. Phil Gingrey is figuring out how much he owes in back taxes after improperly claiming a homestead exemption for his Washington D.C. home.

The Marietta Republican was one of “a handful” of congressmen who have done so, according to Roll Call, the Capitol Hill newspaper.

Gingrey spokesman Chris Jackson said the application was an oversight. “Now it’s just really a matter of making sure it gets fixed, and figuring out restitution,” he told the Insider today. “We’’re glad they let us know.”

Here’s the web site Gingrey is using to arrange matters.

The deduction eased annual property taxes by hundreds of dollars, according to the newspaper.

Roll Call reported that Gingrey’s wife, Billie, was the sole purchaser of a three-bedroom row house in 2004. The property is valued at about $705,000, with a taxable value of $637,000.

No doubt the episode will result in wry commentary at the state Capitol, where debate in the Senate has focused on how quickly the chamber should be able to boot tax scoflaws from their seats.

Meanwhile, back at ajc.com:

  • Income growth in Georgia is among the lowest in the nation, well below the inflation rate. But you know that every week.
  • MARTA’s general manager told senators that the transit agency may have to trim service one day a week. House members were more skeptical of the agency’s finances.
  • And in an embarrassing coincidence, an ex-MARTA exec pleaded not guilty to a bathroom sex charge.
  • A House committee declares that pickup truck owners are free to show their intelligence by sitting on their seat belts.
  • Elsewhere in Georgia:

  • IA: Dick Pettys says the governor may employ his $800k Perdue PAC to help pass transportation reorg.
  • And the nation:

  • NYT: In a volatile time, Obama strikes a new tone for crisis.
  • NYT: Letter of resignation from an AIG executive.
  • WSJ: Tax-policy change proposed for charities.
  • WSJ: If you wrestle in a gorilla suit, is it still a sport?
  • LAT: Israeli army rabbis criticized for stance on Gaza assault.
  • For instant updates, follow me on Twitter.

    8 comments Add your comment

    Aaron Burr V. Mexico

    March 25th, 2009
    9:37 am

    Republicans were REALLY stupid to give Geitner and Daschle a hard time about taxes because now every single Republican elected official is going to be attacked on this issue, and believe me, most of them are cheating like mad.

    SISSY SAXBY

    March 25th, 2009
    9:52 am

    Why would he claim homestead on exemption on a house in Washington DC? Does he consider that his home?

    Bob

    March 25th, 2009
    10:21 am

    Republicans were not really stupid to complain about someone evading taxes. I wish they’d get all of them. I hope the Democrats band together and make the republicans look bad for evading taxes as well. All politicians from all parties are tax cheats. Get them all.

    [...] (For a related story, dealing with U.S. Rep. Phil Gingrey, the Georgia Republican, see Political Insider.) [...]

    myother

    March 25th, 2009
    1:30 pm

    Who cares if it’s a Rep or Dem. When I made a mistake on my tax return the IRS added interest and penaties. I’m tired of the games and I’m voting straight Libertarian next time. Not that I agree with everything they stand for but, the same old political games that the Reps and Dems play need to end. I’m ready for change.

    Aaron Burr V. Mexico

    March 25th, 2009
    3:36 pm

    If you want change, you need to vote for leaders who believe in term limits, instant run off voting and the empowerment of third parties, or work actively to change the internal culture of the Libertarian party to one that views winning as a serious undertaking instead of something they just want to pretend they want.

    [...] Monday, Roll Call , the Capitol Hill newspaper, cited Gingrey as one of a handful of members of Congress who had [...]

    Just the Facts

    March 27th, 2009
    11:30 am

    It seems that everyone is overlooking the rest of the story here. Although I was initially disturbed that Gingrey filed for a homestead exemption in DC, it turns out that he didn’t actually claim it as this story asserts. Let’s make sure we get all the facts before we pass judgment.