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Thursday, 22 January 2009

Obama's Nominee for Treasury Secretary Misfiled His Taxes Using TurboTax

Posted on 11:24 by Unknown
Timothy Geithner, president of the New York Federal Reserve, is Obama's choice for Treasury Secretary - which oversees the IRS.

Both Republican and Democratic congressmen like his background but, he has been put in the hot seat because he messed up his taxes several years ago, and had to pay penalties.

The interesting thing is that, even though he is a financial big shot, he did his taxes himself, using off-the-shelf TurboTax.

Personally, I think messing up on your taxes and then overseeing the IRS can be a good thing, if it motivates him to push for simplifying taxes.
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