$43,000 In Unpaid Taxes Is A Common Occurence?
Michelle Malkin rips into the hypocrisy surrounding the revelations of Obama Treasury nominee Tim Geithner’s unpaid taxes:
The Senate Finance Committee revealed this week that Geithner failed to pay some $43,000 in federal self-employment taxes for four separate years – and only coughed up $26,000 of that debt when he was named Obama’s Treasury Secretary-designate in November. The brilliant and meticulous Geithner didn’t catch the lapses. The Internal Revenue Service and Team Obama’s vetters did.
Recall that Joe the Plumber, an average guy with no Ivy League degrees in business or finance, was crucified for his $1,182.98 Ohio tax lien (the state had sent a notification to a prior residence he had vacated). One might give a common man some leeway for making common mistakes. But Tim Geithner is no “common” man – and “$43,000 in unpaid taxes is a common occurrence” simply does not wash as a credible alibi. Supporters have dubbed Geithner “too big to fail.” Try “too smart to care.”
I don’t make anywhere near what Giethner did in a year at the time of these unpaid taxes, but I still pay a lot of federal taxes. Given what I pay, and what a precious percentage it is of my overall income, I’m more than a little insulted at leftist/media attempts to trivialize this.
If Geithner mismanaged his personal finances so throughly that he wasn’t aware that he had failed to pay tens of thousands in taxes then he is clearly unfit to sit at the head of the government agency that oversees the IRS.
If he was aware that he owed tens of thousands in taxes and didn’t pay them then he’s a criminal and a hypocrite and is unfit to sit at the head of the government agency that oversees the IRS.
Either way, Geithner needs to resign.
