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!