Tax trouble for Geithner
(Wall Street Journal): Timothy Geithner, whose nomination as Treasury secretary has been delayed by his past failure to pay taxes, was repeatedly advised in writing by the International Monetary Fund that he would be responsible for any Social Security and Medicare taxes he owed on income he earned at the IMF between 2001 and 2004. This means President-elect Barack Obama will take office without a Treasury secretary amid the biggest financial crisis in decades. Go to article.
Category: Business