The First Draft: tax torture

January 14, 2009

The second round of Barack Obama‘s cabinet picks undergo their Capitol Hill hazing today. Who else screwed up on their taxes? Our elected representatives are sure to find out.

USA-OBAMA/ANNOUNCMENTConfirmation hearings today: Tom Vilsack for Agriculture Secretary; Lisa Jackson for the Environmental Protection Agency; Peter Orszag at the Office of Management and Budget; and Erik Shinseki at Veterans Affairs.

Keep an eye on Iowa Republican Sen. Chuck Grassley. He’s the one who revealed that Timothy Geithner, who as Treasury Secretary would oversee the IRS, made a hash of his tax returns. Will Grassley make the issue more than simply an embarrassment for the Obama administration’s top money man?

Things are looking better for Hillary Clinton, the Secretary of State nominee. Massachusetts Democratic Sen. John Kerry said on NBC’s “Today Show” that he expects his Foreign Relations Committee to approve her tomorrow.

They’re not twiddling their thumbs over in the House of Representatives. Expect votes on expanding children’s health insurance, which Bush has twice vetoed, and tougher oversight for the banking bailout program.

And finally, Human Rights Watch releases its annual report at 10 a.m. The nonprofit group has not had nice things to say about the Bush administration, but perhaps it will go easier on the United States now that Obama has vowed to close the Guantanamo Bay prison.

Photo credit: REUTERS/John Gress (Geithner in Chicago, Nov. 24)

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I am sure Geithner is a smart and capable person who would do a fine job as Treasury Secretary.

However, if he was a republican, he would already be out the door as an evil money grubbing wall streeter. There is a double standard and it isn’t right. I remember a few of Bush’s cabinet picks not making it for similar reasons. But I bet he is still confirmed anyway.

It is a double standard and that makes it a travesty.

Posted by TC | Report as abusive

TC, if Geithner was a Rep and made this mistake on his taxes, and I do believe it was a mistake, he would not have faced any more opposition than he is as a Dem. I’d have to go back and look at why Bush’s choices were rejected but I guessing it was more serious than forgetting to file as self employed. Stop playing the victim.

Posted by Eric H | Report as abusive

Yeah, always criticize my(and everyone else’s) opinion on an article rather than comment on the article.

Mistake nothing. He didn’t pay taxes for four years. You can believe what you want, but it wasn’t a mistake.

When he paid his taxes, he only paid for two years, so he had two years tax free.

At least comment on the story, rather than tear someone else down. Be bold, think for yourself and go first sometime.

Posted by TC | Report as abusive