Wednesday, April 1, 2009

Behind the Tax Problems of Obama's Nominees

Kathleen Sebelius, nominated as US health secretary by President Obama, became his latest nominee to reveal income tax issues, saying she paid nearly $8,000 to settle errors over three years.

Word in D.C. is that outside of Geithner's situation (Which appears to be an outright case of knowingly failing to pay taxes), what's going on is that the IRS has sent over an agent to help in the vetting process and that, instead of perusing returns for problems, she is essentially conducting full audits of Obama's nominees.

Knowing this is going on, Sebelius had a CPA go over her returns and he picked up the errors.

2 comments:

  1. Do you think it's generally true that someone with even moderately complex finances necessarily breaks tax laws? I.e. does this really just show how ridiculous the tax code is, or does it show that Obama's nominees are all crooks?

    ReplyDelete
  2. Good point.

    Geithner is a tax cheat. You don't forget what Geithner failed to report.

    I lean toward Daschle being a cheat, but it's not "beyond a reasonable doubt."

    The others probably fall into the tax laws are complex situation.

    ReplyDelete