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Wednesday, January 21, 2009
Geithner, the incoming Treasury Secretary ooooops
Treasury Secretary Geithner may be in some trouble, as he failed to pay taxes on his income from his stint at the IMF. This is not an "Oops, I forgot!" The IMF does not withhold income taxes from its employees. However, he was given a memo about the taxes he owed. And he did pay them for two years when he was audited and caught. He clearly knew the nature of the taxes due the two prior years, yet did not come clean on those years. Dumb move for someone on a fast-track career and who clearly has an impressive intellect. He has got to be kicking himself.
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