Friday, July 23, 2010

Timothy Geithner: Obama will look at changing tax code next year - CSMonitor.com

Timothy Geithner: Obama will look at changing tax code next year - CSMonitor.com: "The Obama administration may also press Congress to restore the estate tax, which lapsed this year. “The president’s position is that we should restore the estate tax and extend it at its ’09 rates going forward,” said Geithner, whose purview also includes the IRS.

After one reporter asked if the Steinbrenner family should voluntarily pay estate taxes for the good of the nation, Geithner replied, “It is an excellent question.”"

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