By Clarice Feldman and Thomas Lifson The media rush to exonerate Timothy Geithner's failure to pay his self-employment tax as an "innocent mistake" (in Obama's words) ignores a crucial fact: even after he knew of his liability thanks to an IRS audit, he failed to pay taxes on years covered by the statute of limitations. Additionally, his failure to pay in the first place flies in the face of the fact that his employer, the IMF, notified him regularly of his obligation, and even paid him half of the tax liability, in lieu of the employer's share, money which he kept for himself. [Continue reading]digg story, submitted by HOWDOYOUKNOW
Friday, January 16, 2009
Geithner should not be Secretary of the Treasury
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