Obama Nominees Have Tax Troubles | By Quick Payday Loans Source

By Elizabeth Fairchild, your payday loan news source

Daschle withdraws from nomination

Tom Daschle

Tom Daschle

Quick payday loans can help consumers with financial emergencies, but I don’t think they’ll be much help for Tom Daschle.

Senator Jim DeMint told President Barack Obama he shouldn’t hire Daschle to be health and human services secretary. Daschle made a $134,000 income tax error. Though he has paid back the money, plus interest, DeMint contended Daschle is unfit for the position. Daschle has since withdrawn his name from consideration.

Quick payday loans no help

While most Americans’ problems could be solved with some extra cash,  Daschle needs help in the credibility department — not the credit department. DeMint says Daschle knew about his tax errors long before his nomination, before he reported them and before he paid them back. According to DeMint, this constitutes a “problem with integrity.”

More tax troubles?

The White House has run into trouble with another nominee, who withdrew her own name from consideration today. Nancy Killefer, nominated for Chief Performance Officer, has decided not to accept her nomination.

Killefer withdrew her name because she failed to pay unemployment taxes for her household help.

“I have … come to realize in the current environment that my personal tax issue of D.C. unemployment tax could be used to create exactly the kind of distraction and delay those duties must avoid. Because of this I must reluctantly ask you to withdraw my name from consideration,” Killefer wrote in a letter to Obama.

Two for the money

Nancy Killefer

Nancy Killefer

Daschle’s decision to withdraw his name from consideration came so closely after Killefer’s that the two appear to be linked. This morning, it looked as though Daschle  would be nominated “barring some other major revelation.” Hours later, after Killefer withdrew her name, Daschle did the same.

More than quick payday loans

Critics have been quick to point out that already-appointed Treasury Secretary Timothy Geithner also had tax troubles. However, Geithner’s mistakes amounted to about $34,000, which pales in comparison to Daschle’s $134,000 error. Considering Americans are taking out quick payday loans of $500 to $1,500 in order to make ends meet, $134,000 is a pretty big chunk of change.

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Discussion of Obama Nominees Have Tax Troubles | By Quick Payday Loans Source

This post has one comment

  1. Perky On Payday says:

    Good golly, miss molly. I realize that both of these posts aren’t economic ones, but since the economy is the biggest issue that the Obama administration is going to be dealing with for a while, it does make some sense to hire people who can properly fill out a tax return, or at least will go to H&R Block.

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