The employees of the IRS have a stringent set of rules that they must follow or lose their jobs. If they forget to report even a few hundred dollars of income on their return or file late, they’ll also be filing for unemployment. Under those conditions, one can understand the demoralizing impact of [...]
Tagged with: Barack Obama • change • Democrat • Geithner • Government • IRS • Taxes • Treasury Department • Treasury Secretary
Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury.
Stocks soared late this afternoon when news reports first started to surface that Geithner’s nomination will be made official Monday. The Dow Jones industrial average ended the [...]