Which Geithner Would You Prefer?

Posted by Bill McGonigle Wed, 21 Jan 2009 19:46:00 GMT

Tim Geithner has to acknowledge one of four possibilities:

  • The tax code is too complex for a treasury secretary to comprehend
  • This particular treasury secretary can't understand the tax code
  • This particular treasury secretary doesn't pay attention to details when it comes to accounting
  • This particular treasury secretary did understand the tax code and defied it

In an era where nobody alive understands the whole tax code and calling the IRS will get a taxpayer seemingly random answers to questions, let's hope Tim goes for Door #1 and uses his unique position to disassemble a legal monstrosity that makes every American a criminal.

Tim may have painted himself into this corner, but he can parlay that embarrassment into heralded accomplishment.

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  1. Bearings said about 1 year later:

    I Choose: This particular treasury secretary did understand the tax code and defied it

  2. Tax Attorney said about 1 year later:

    Wonder if you have heard this Indian (not the U.S. Indian but the Asian Indian) proverb before about an absolutely shameless person? It goes this way. The shameless person will grow a banyan tree on his hind part of the body but won’t feel it a hindrance, he will use it as a shade. Taking it further, the proverb says this, ‘the person who has grown a banyan tree in the hind part of his body will not only show it off but also sit on top of it holding an umbrella’. That is for show-offs… I am not sure how much meaning it conveys to you, but I guess stubbornness is what you have pointed here in a certain person!

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