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Timothy Geithner
Despite Vice President Joe Biden’s campaign trail claim that paying taxes was "patriotic," the Obama administration doesn’t seem focused on paying their own taxes. (Guess that means it’s patriotic for everyone else?) Geithner became the Treasury Secretary after paying $42,000 in back taxes and interest (but, interestingly, no penalties assessed) owed on some income he received while working for the International Monetary Fund. Is it too ironic for the IRS to be "confused" about what’s taxable?
Timothy Geithner
Despite Vice President Joe Biden’s campaign trail claim that paying taxes was "patriotic," the Obama administration doesn’t seem focused on paying their own taxes. (Guess that means it’s patriotic for everyone else?) Geithner became the Treasury Secretary after paying $42,000 in back taxes and interest (but, interestingly, no penalties assessed) owed on some income he received while working for the International Monetary Fund. Is it too ironic for the IRS to be "confused" about what’s taxable?