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Thursday, January 15, 2009
Obama Embarassed but Defends Geithner
The president-elect, asked about the situation on Wednesday, said, "Look is this an embarrassment for him? Yes. He said so himself. But it was an innocent mistake. It is a mistake that is commonly made for people who are working internationally or for international institutions. It has been corrected. He paid the penalties." - FOX News
You have to question how innocent the mistake was. He went back and paid the back taxes and penalties only after being nominated. Did he know he owed them and had to clear it up?
In 2006, the Internal Revenue Service audited Geithner for tax years 2003 and 2004, and he paid $16,732 for the taxes and interest for those years, the statement said. After Obama nominated him for treasury secretary, Geithner voluntarily amended his taxes for 2001 and 2002, paying $25,970 for those taxes and interest, the committee said. - CNN
He voluntarily amended his taxes for 2001 and 2002 after Obama nominated him!? Why didn't he do it prior? He must have known there was a problem.
"He's dedicated his career to our country and served with honor, intelligence and distinction. That service should not be tarnished by honest mistakes, which, upon learning of them, he quickly addressed." - CNN
The question will come up, as the man who will have the IRS under him, how many people who make HONEST MISTAKES with there taxes will get a pass? None! Would be my guess.
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