Geithner Touts Tackling Tax Evaders After Failing to Pay Own Taxes

Discussion in 'News / Current Events' started by Revmitchell, Mar 3, 2009.

  1. Revmitchell

    Revmitchell
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    The pot has issued the kettle an ultimatum: tax dodgers beware.

    Treasury Secretary Timothy Geithner, who was forced to fork up $34,000 in unpaid back taxes, told the House Ways and Means Committee Tuesday that the Obama administration will be going after people who avoid and evade taxes.

    In prepared remarks before Congress, he said the president is intent on "tackling tax shelters and other efforts to abuse our tax laws, including international tax evasion efforts."

    Geithner himself never used a tax haven to avoid payment, but did neglect to pay Medicare and Social Security taxes while he was a self-employed staffer for the International Monetary Fund. He even hired an accountant for two of the years he forgot to file.

    "Over the next several months," he said Tuesday, "the President will propose a series of legislative and enforcement measures to reduce such U.S. tax evasion and avoidance."


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  2. sag38

    sag38
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    It's the classic example of a hypocrite.
     

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