How Many More Tax Cheats in President Obamas Cabin?
The call is final: the government of President Barack Obama has lost its innocence, and that virginity was lost in less than 2 weeks of taking office. Timothy Geithner did not pay his taxes in full during the years he worked for the International Monetary Fund (IMF) from 2001 through 2004. Because the IMF and similar international organizations are exempt from Social Security taxes, Americans who work for those organizations are required to pay their own taxes. And of all persons, Tim Geithner, being an expert on tax issues, knew that fully well. At the time he was nominated by then President-elect Obama, Mr. Geithner was serving as the president of the Federal Reserve Bank of New York, a position that requires one who’s more than familiar with financial matters, including tax laws.