From Yahoo News:
Treasury Secretary-designate Timothy Geithner said Wednesday he was careless in failing to pay $34,000 in Social Security and Medicare taxes earlier this decade but declared “I have paid what I owed” and apologized to Congress.
It just makes me think, are you sorry you made the mistake, or are you sorry you got caught? Looks like a great guy to head the IRS… somebody who can’t even pay his own taxes.
While I’m fairly sure that he’s just sorry that he got caught, it is interesting to note that even someone theoretically smart enough to be Treasury Secretary can’t understand the tax laws.
Comment by brendt — January 22, 2009 @ 12:30 am