Wednesday, January 21, 2009

Obama's Choice to run IRS did not pay taxes



Timothy Geithner has paid over $48,000 in back taxes and interest, including $26,000 just last November, right before his nomination papers went to the Senate. As secretary of the Treasury, his job includes oversight of the Internal Revenue Service.


Geithner reportedly has no explanation for his failure to pay the self-employment taxes even though he was notified by the International Monetary Fund where he worked at the time that he was responsible for them and had signed documents to that effect. Obama continues to back Geithner, who was head of the Federal Reserve Bank of New York at the time of his nomination and has been heavily involved in high-level government discussions about economic rescue measures in recent months.


My Thoughts: This man didn't pay taxes for three years! This was not a simple oversight, it is an example of habitual criminal behaviour. Lets ask Wesley Snipes where Giethner should begin his term as Secretary of the Treasury!

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