Posts tagged as:

Timothy Geithner

Perry Hints At ‘Simple’ Flat Tax

19 October 2011

Martin Scorsese once said about his work: There’s no such thing as simple. Simple is hard. As taxpayers, that’s what we want, right, simple? I firmly believe that it’s the complexity of the Tax Code that frustrates taxpayers the most – not so much the actual dollars (though I get that we’re not terribly fond of [...]

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What Does Glenn Beck Have in Common with Geithner, Killefer, Daschle, Sebelius and Kirk?

9 January 2010

In 2009, we had “Geithner-gate”: a string of Obama nominees, including the head of money matters for the country, who were flagged for tax errors, inaccuracies and flat out failing to report income. Treasury Secretary Timothy Geithner failed to timely pay $34,000 in taxes, citing confusion about his independent contractor status. Geithner ultimately blamed TurboTax [...]

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US Clashes With UK Over New Tax Proposal

8 November 2009

When it comes to economics, the US and UK tend to find themselves on the same page. A recent example is their consolidated front over the need for banking transparency – both countries took a tough approach with respect to the banking secrecy laws of in Switzerland and Luxembourg. But this weekend, the US and [...]

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Repeating: Does anyone in DC pay their taxes?

31 March 2009

Sheesh. At this point, it’s almost comical. Only it’s not. Following in the footsteps of Timothy Geithner, Tom Daschle, Nancy Killefer and Ron Kirk and Health and Human Services nominee Kathleen Sebelius has announced that she made the dreaded “unintentional errors” on her tax returns. She recently corrected three years of tax returns and paid [...]

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Timothy Geithner… But Not For Me

30 March 2009

In the mood for a little tax tune? Check out tax attorney Anne M. McKinney singing a parody as Timothy Geithner: (Hat Tip: Sarah)

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Does Anyone In DC Pay Their Taxes?

2 March 2009

Because, at this point, I have to think the answer is no. After a string of Obama nominees disclosed tax issues – including confirmed Treasury Secretary Timothy Geithner and failed nominees Tom Daschle and Nancy Killefer – yet another has been revealed. Ron Kirk, Obama’s nomination for U.S. Trade Representative, owes an estimated $10,000 in [...]

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Geithner Says “I’m Sorry”

22 January 2009

In a hearing before the Senate Finance Committee, Timothy Geithner says he is sorry. Is it enough? The Committee seemed to think so, voting today in favor his nomination as Treasury Secretary. The final vote was 18-5 with the following Senators voting against Geithner: Chuck Grassley (R-IA); Jon Kyl (R-AZ); Jim Bunning (R-KY); Pat Roberts [...]

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Obama’s Treasury Pick Under Fire for Tax Liability

14 January 2009

In the midst of the current economic crisis, I know that many in Congress were hoping for a smooth transition to a new administration. That may not happen. President Elect Barack Obama’s nomination to head the Treasury Department has hit a road block: revelations that Timothy Geithner had failed to timely pay $34,000 in taxes. [...]

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