Tax “mistakes” don’t stop Geithner clearing committee hurdle

Posted on January 22, 2009

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Timothy Geithner made it through his Senate Financial Committee vote by a margin of 16-5. You surprisingly had Senators Orrin Hatch and John Cornyn praising his credentials and dismissing his failure to pay tens of thousands in taxes as a “mistake.”

Yeah, OK, great credentials. Accomplished very little as NY Fed chief and helped engineer the much-maligned bailouts. But even if you think that’s no big deal … how is a potential Treasury Secretary, in charge of the IRS and the purse strings of the U.S. Treasury, able to forget to pay taxes and not get dragged through the fire over it? At best, he’s an idiot at tax matters, and at worst, he’s a tax cheat. Either one disqualify him as the nation’s top financial chief, and top Republicans shouldn’t be going along with this debacle.

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Posted in: Politics