Timothy Geithner Makes the Case for Tax Reform - The American Spectator | USA News and Politics
Timothy Geithner Makes the Case for Tax Reform
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Who doesn’t hate the hassle of the income tax and curse the fools in Congress who make the tax code ever complex even as they claim to be lightening the load on taxpayers.  Maybe we will have a champion in the Obama Administration.  It turns out that Treasury Secretary-designate Timonthy Geithner has trouble paying his taxes.  Reports the Washington Times:

President-elect Barack Obama‘s Treasury Secretary nominee, who would oversee the Internal Revenue Service, failed to pay nearly $35,000 in federal taxes from 2001 to 2004 and has a history of mistakes and late-filing, senators preparing to vote on the pick said Tuesday.

In addition to the tax problems, the senators said the nominee, Timothy Geithner, also failed to fill out immigration forms for three housekeepers who worked for him since 2004, and he employed one of the housekeepers for more than three months after she was no longer legally allowed to work in the U.S.

Democrats said the delinquent taxes, some of which Mr. Geithner paid only after he learned that Mr. Obama was considering him for the post, were an “honest mistake.” Republican senators said they will have to see what details emerge before deciding whether to support Mr. Geithner’s confirmation.

Of course, it would be easier to respect him if he was a full-blown tax resister, prepared to go to jail for his beliefs.  The apparent mixture of carelessness and procrastination looks a lot less noble.  But maybe it will encourage him to look for ways to lighten the administrative if not the financial burden on the rest of us!

Doug Bandow
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Doug Bandow is a Senior Fellow at the Cato Institute.
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