How is it possible that Timothy Geithner failed to pay some $43,000 in federal income taxes? He has been president of the Federal Reserve Bank of New York and is the current Obama nominee to be Secretary of the Treasury.
Here is a link to the story as reported by Shailagh Murray in today's The Washington Post:
"Geithner met with committee members yesterday to explain why he had made nearly $43,000 worth of mistakes on recent federal tax returns. He told the panel that the errors were unintentional, committed while he was working for the International Monetary Fund, which follows a different tax regime than U.S. companies."
We all lead busy lives, but that is no excuse for failing to pay federal taxes. Geithner's failure shows he is not a person who should be confirmed as Treasury Secretary of the United States.
Because his failure is inexcusable and not a minor mistake, I call upon the Senate to reject Geithner.
P.S. How did Geithner avoid scrutiny in the Obama vetting process? Don't tell me that there was not an explicit question on whether a candidate had failed to pay income taxes!
Wednesday, January 14, 2009
REJECT GEITHNER AS TREASURY SECRETARY FOR FAILURE TO PAY FEDERAL INCOME TAXES
Posted by BOB EDER at 9:26 AM PERMALINK
Labels: FEDERAL RESERVE BANK OF NY, PRES. ELECT BARACK OBAMA, SECRETARY OF TREASURY, TIMOTHY GEITHNER
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment