RodISHI
Platinum Member
- Nov 29, 2008
- 25,786
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I am not impressed at all with this type of excuse from a presidential appointee. This is nothing more than the same ole same corrupt business as usual.
Geithner apologizes for not paying taxes
Geithner apologizes for not paying taxes
Yahoo said:WASHINGTON Treasury Secretary-designate Timothy Geithner said Wednesday he was careless in failing to pay $34,000 in Social Security and Medicare taxes earlier this decade but declared "I have paid what I owed" and apologized to Congress.
He told the Senate Finance Committee he was sorry that his past transgressions were now an issue in his confirmation at a time of deepening economic distress. He urged Congress to act quickly and forcibly to deal with the crisis. A top administration priority is to foster economic recovery and "get credit flowing again," Geithner testified.
As to his failure to pay payroll taxes from 2001 to 2004 while he worked for the International Monetary Fund, Geithner said: "These were careless mistakes. They were avoidable mistakes."