Tuesday, January 13, 2009

Geithner Did Not Pay Taxes

NBC's Kelly O'Donnell reports:

Tim Geithner, Treasury Secretary nominee, is here with Obama transition officials to discuss a legal issue involving a personal household employee. The specifics have not been disclosed. We are checking on a report that Geithner may have an issue concerning a household worker and the withholding of social security taxes.

Geithner's confirmation hearing before this committee is scheduled for Thursday Jan 15.

That kind of issue unraveled past nominations like Zoe Baird (Clinton) and in a related way Kimba Wood (Clinton). The "emergency" meeting began at 2:30.

*** UPDATE *** From NBC's Chuck Todd and Domenico Montanaro 
Sources close to the transition say Geithner did not pay some taxes when he worked for the International Monetary Fund. The error was discovered in November 2008, and the taxes have since been repaid.

With regard to the housekeeper, transition officials say Geithner verified legal status when she was hired, but that her papers expired while still employed.

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[Source: The Latest on Air America

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