Amazingly, this is from the LA Times:<\/p>\n
Uh, it seems that Democrat\u00a0Barack Obama’s<\/strong>\u00a0secretary of the Treasury-designate owed something like $34,000 in back taxes when he was picked to head the nation’s financial system.<\/p>\n
Uh, it seems\u00a0Timothy Geithner<\/strong>\u00a0owed the back taxes because the would-be member of the president’s new Cabinet employed a housekeeper who became an illegal immigrant while working for him. And Geithner\u00a0did not pay self-employment taxes for several years<\/a>\u00a0until the IRS audited him.<\/p>\n
It seems the Obama transition team discovered the back-taxes while researching the nominee, unlike the federal grand jury investigation of now former would-be secretary of Commerce-designate\u00a0Bill Richardson<\/strong>.<\/p>\n
It seems that such legal problems have derailed would-be Cabinet members in the past–think,\u00a0Zoe Baird<\/strong>\u00a0and\u00a0Kimba Wood\u00a0<\/strong>for\u00a0Bill Clinton<\/strong>\u00a0and\u00a0Linda Chavez<\/strong>\u00a0for\u00a0George W. Bush<\/strong>.<\/p>\n
It seems that Obama spokesmen are calling the non-payment of thousands of dollars in back taxes for years a minor thing. One\u00a0news report<\/a>\u00a0described it as “a speed bump.” Sam Stein over\u00a0at HuffingtonPost<\/a>\u00a0calls it an “embarrassing public relations headache” but really a mistake “quite common in nature.”<\/p>\n
For a secretary of the Treasury? A Federal Reserve president? Somebody who, now that Bill Richardson is stuck in Santa Fe, is gonna mastermind the economic recovery?<\/p>\n
Oh, and for someone whose department includes the Internal Revenue Service?<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Amazingly, this is from the LA Times: Uh, it seems that Democrat\u00a0Barack Obama’s\u00a0secretary of the Treasury-designate owed something like $34,000 in back taxes when he was picked to head the nation’s financial system. Uh, it seems\u00a0Timothy Geithner\u00a0owed the back taxes … Continue reading