January 15, 2009

JAMES TARANTO ON GEITHNER’S TAX PROBLEMS AND TAX SIMPLIFICATION:

Did Geithner have an incompetent accountant? Maybe. A Senate Finance Committee statement reports that he prepared his own returns for 2000, 2001, 2002 and 2005.

We’re tempted to say America needs a Treasury secretary who is smart enough to figure out his own taxes. But such a cheap shot would be beneath us. Instead, we are going to make a serious point:

America needs a tax code simple enough for the Treasury secretary to figure out.

Indeed. And simple enough for the Ways And Means Chairman to figure out, too!

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