Comments on: Could Tax Problems Trip up the Confirmation of the Best Candidate for Treasury Secretary?

By: Punitive Tax Rates of 90% Could Cause More Problems Than They Cure

Punitive Tax Rates of 90% Could Cause More Problems Than They Cure — Tue, 24 Mar 2009 10:30:12 +0000

[...] Why should he not get the full joy of paying the taxes he imposes (and there’ll be no forgetting about those tax payments this time around, Mr. Treasury [...]

By: The Obama Blueprint for Solving the U.S. Financial Crisis

The Obama Blueprint for Solving the U.S. Financial Crisis — Wed, 18 Mar 2009 19:48:41 +0000

[...] that Geithner failed to pay $34,000 in taxes while employed by the International Monetary Fund (IMF) several years ago derailed Senate [...]

By: Geithner Promises TARP Overhaul, Regulatory Changes to Solve “Mother of All Financial Crises”

Wed, 18 Mar 2009 19:45:02 +0000

[...] Geithner said his tax errors were “careless” and unintentional, and he apologized to the committee for the toll they have taken on his confirmation process. As reported by Money Morning on Jan. 19, Geithner actually placed phone calls to individual senators, hoping to persuade them his tax problems were th…. [...]

By: James Yamaki

James Yamaki — Sat, 24 Jan 2009 17:34:04 +0000

Shah Gilani for Treasury Secretary. Ooops, Timothy Geithner was confirmed.

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Wed, 21 Jan 2009 15:08:23 +0000

[...] that Geithner failed to pay $34,000 in taxes while employed by the International Monetary Fund (IMF) several years ago derailed Senate [...]

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Tue, 20 Jan 2009 15:35:16 +0000

[...] Paulson Jr. Obama also is surrounded by economic advisors in New York Fed President Tim Geithner, Larry Summers and former Fed Chairman Paul A. Volcker, who all are committed to a free market [...]

By: Kevin Beck

Kevin Beck — Tue, 20 Jan 2009 11:42:26 +0000

If Geithner is the most qualified, then Henry Paulson and Ben Bernanke are geniuses. Geithner is as qualified as those two bums for dog catcher.

A possible solution would be to separate the Department of Treasury from the Internal Revenue Service. Then next year, we can take the step of dismantling the Internal Revenue Service and replacing our current system with the Fair Tax.

By: GARY CARNES

GARY CARNES — Tue, 20 Jan 2009 00:58:05 +0000

I’m sure that Tim Geithner leads an extremely busy
life, and most likely accepts and signs his accountants
presentation of his tax prep, probably without going
over it line by line. It’s called delegation! The issue should
not excuse Geithner from hiring more professional tax
person in the future, but it’s not enough of an issue to
strike him from appointment to the secretary treasury
post.
If the people of this country and the congress really
were serious about cleaning up the dishonesty in bus-
iness and politics, a good first step might be to remove
the distinction between prison and ‘white collar detention’.
Of course that will never happen because the people of
influence surely reserve that white glove purgatory ‘just
in case’! I think that when the big bad boys are caught
inflicting pain on the public they should room with the
really ‘big bad boys!!

By: Steveb Day

Steveb Day — Mon, 19 Jan 2009 22:16:36 +0000

Reference to “most qualified” in any position or level of authority is almost impossible to justify! Consider the “most qualified” who orchestrated this financial disaster; bank leaders, asleep at their desk politicians, real estate professionals, property appraisers, stock brokers and market analysts, the automotive industry, etc,etc. What America needs is truth, justice and a real change…not a silly tax break that puts $10-$20 in our pockets each week…come on and get real!! Is this the best solution that the “most qualified for president” could come up with?

By: Will Rogers

Will Rogers — Mon, 19 Jan 2009 16:04:12 +0000

The assertion that Geithner is the “most qualified” candidate for the Treasury job would be laughable if not so pathetic…The “genius” who is not smart enough to understand his tax liability or smart enough to hire someone who understands his tax liability is typical of what we get in D.C….he is likely a typical politician who thought he could get away with not paying what he owed in taxes!

So much for change…he will fit right in in Washington D.C.