Water Cooler: Only little people pay taxes

Tim Geithner, the well-educated president of the New York Federal Reserve (who earns $398,200 taxpayer dollars as remuneration for this position), failed to pay $43,000 in taxes and interest from 2001 to 2004. He also kept a housekeeper with expired immigration documents on his family payroll and once had the gall to claim his children’s’ summer camp fees as a deductible expense as part of the dependent child-care tax credit (this is an I.R.S. “no-no” which would get most people audited).

The Water Cooler is an occasional look at important issues people should be talking about

By Chris Ingram

I want to give Barack Obama and his new administration the benefit of the doubt that Obama will accomplish some of the 500 some-odd things he promised on the campaign trail. And I want to put politics aside and wish him well for the benefit of our country in hopes he’ll get us out of the current financial mess we’re in.

But I’m having trouble doing this.

The reason is: Timothy Geithner.

If you haven’t heard of him, he is Obama’s nominee for Secretary of the Treasury. If you forgot what you learned in civics class, Treasury Secretary is the guy who is the president’s top economic advisor. He’s also the guy who is in charge of the I.R.S.

Geithner is a golden-boy of the Wall Street crowd (the same people who embraced disgraced scam-artist Bernie Madoff), who currently serves as the president of the New York Federal Reserve Board.

In addition to being president of the N.Y. Federal Reserve, he has also worked for President Clinton, Henry Kissinger, is a member of the prestigious Council on Foreign Relations, did his undergraduate work at Dartmouth, and has a Masters in international economics from Johns Hopkins.

So far so good.

So what’s the problem?

Forgive me, but I’m just a public educated second-tier state school kind of guy, but I know this much: when I earn money from someone (anyone, for whatever purpose), I have to pay taxes on it when I file my taxes with the IRS. My wife and I painstakingly get our taxes together every year and then send it off to an accountant to make sure we got it right.

Tim Geithner, the well-educated president of the New York Federal Reserve (who earns $398,200 taxpayer dollars as remuneration for this position), failed to pay $43,000 in taxes and interest from 2001 to 2004. He also kept a housekeeper with expired immigration documents on his family payroll and once had the gall to claim his children’s’ summer camp fees as a deductible expense as part of the dependent child-care tax credit (this is an I.R.S. “no-no” which would get most people audited).

OK, so Geithner has some problems understanding and following the rules. So what’s the big deal?

The big deal is, the head of the Treasury is also the head of the Internal Revenue Service. You know those pesky guys and gals who demand all your hard-earned cash every April 15th so that Congressmen and women can spend their ways back to re-election.

Do we really want some holier than-though (“only the little people pay taxes”) Wall Street darling who doesn’t pay his taxes heading up the I.R.S.?

Give me a break!

You wouldn’t hire Chester the child-molester to babysit your kids would you? You wouldn’t let O.J. Simpson run a battered women’s shelter would you? You wouldn’t want Michael Vick working at the Humane Society would you?

So why would Barack Hussein Obama want some a*****e who doesn’t pay his taxes to run the department responsible for collecting taxes?

I guess this is the “Change we can believe in,” Mr. Obama promised.

Call your two U.S. Senators at (202) 224-3121 and tell them America deserves better than Tim Geithner! While you’re at it, tell them Bernie Madoff should be sitting in jail, not in his million dollar New York apartment after stealing $50 billion. If you or I stole a loaf of bread we would no doubt be sitting in jail.

If you don’t know who your Senators are go to: http://visi.com/juan/congress and search by state or by your Zip code.

Chris Ingram is the president and founder of 411 Communications a corporate and political communications firm, and publisher of http://www.IrreverentView.com. Ingram is a frequent pundit on Fox News and CNN, and has written opinion columns for the Washington Times, UPI, Front Page Florida, and National Review online. E-mail him at: Chris@411Communications.net.

5 thoughts on “Water Cooler: Only little people pay taxes”

  1. First and foremost I’m an American. I subscribe to the Dennis Miller philosophy. We’re in such deep Kim Chee that I hope Obama succeeds so wildly that he makes me want to vote for him in four years. But I’m starting to lose faith that that’s gonna happen.

    AND…this Geithner thing is way wrong. Orrin Hatch and Lindsey Graham (both of whom I believe are self-hating gays) have “come out” in support of Timmy. We are headed down the rabbit hole.

    Screw it. I’m just gonna strap in and hold on. As the Head of the Office of The President Elect told us in his 08 January speech at George Mason University:

    “…only government can provide the short-term boost necessary to lift us from a recession this deep and severe. Only government can break the vicious cycles that are crippling our economy…” – Barack Obama at George Mason University, Thurs., Jan. 8, 2009

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  2. Bobcat,

    The whole culture of power in Washington and NYC is corrupt and incestuous. It makes me sick.

    I feel the same way about Obama. I’m ready to cede 45 years of Democrat control (similar to post FDR) to a whole generation of people if this guy can do a quarter of what he promised. But I remain skeptical. Geitner (and Clinton) certainly don’t offer much encouragement that things are really going to “change.”

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  3. Ahh, well. Dunno about you, but the eight years following the Clinton presidency made me terribly itchy about making decisions based on “personal merit” rather than capability and qualifications. Impeaching a man who cheated on his wife primarily because he cheated on his wife and electing someone we could have referred to as “my good buddy George” in different context seems to have steered us a little bit in the wrong direction.

    Besides, I’ve said it time and again. We need to move away from the mudslinging dominating national campaigns nowadays, and start moving in to actual examination. Look at their policies. Look at their decisions. Don’t look at their marriage. Or, heaven forbid, their sexuality. ;D

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  4. Essentially, what I’m getting at is that I’d like SOME verifiable data that relates to his decisions as a statesman or official that would suggest he would somehow be unfit for the job. Until that happens, this is just the same tabloid fodder bs we’ve been seeing way too much of in politics.

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  5. You’ve got to be kidding me! All you can do to defend this guy is bring up Clinton and what he did/what happened to him and bring up the ineptitude of Bush (as though that relates/matters to the issue at hand)? Get over it. And go back to debate class 101.

    Actions speak louder than words. This guy wants to head the agency in charge of the IRS and he doesn’t pay his taxes. Why don’t you get off your smoke and mirrors effort to distract the point and either defend this guy or tell everyone how wonderful he is based on whatever you think his professional accomplishments are. I bet you can’t do that (at least not without looking at Wikipedia first)!

    Not paying your taxes is hardly tabloid fodder. Perhaps you don’t pay much in taxes. I do. I hate doing it. But I recognize it as a necessary evil of our society. I also understand everytime some shmuck who thinks he doesn’t have to pay his share evades paying them, that money has to be made up (paid for) elsewhere.

    This guy should no more be the Treasury Secty. than George W. Bush should be the president of Mensa.

    And seriously, if you thought about what is going on here for a minute and didn’t just blindly defend all things Obama you would realize you’re dead wrong on this one. I wish Obama well and will give him the benefit of the doubt where it’s due and justified. This is not such a case.

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