PolitiFact | Timothy Geithner

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Timothy Geithner served as U.S. Secretary of Treasury, having been appointed by President Barack Obama to that position in 2009. Prior to that, Geithner was the president of the Federal Reserve Bank of New York.

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Timothy Geithner
stated on June 24, 2011 in a speech at Dartmouth College:

For people in the top 1 percent for income, "your effective tax burden is in the low 20s, the lowest it’s been in decades and decades and decades -- lower than somebody who might make substantially less money."

By Jeffrey Good • July 12, 2011
Timothy Geithner
stated on July 25, 2010 in ABC's "This Week":

"We've seen six months of positive job growth by the private sector."

By Lukas Pleva • July 27, 2010

Michele Bachmann
stated on March 25, 2009 in a press release.:

"Secretary Geithner has left the option on the table" of abandoning the dollar for a multinational currency.

By Alexander Lane • April 1, 2009
Barack Obama
stated on January 14, 2009 in statement to reporters:

Geithner's failure to pay self-employment taxes while working for the IMF "is a mistake that is commonly made for people who are working internationally or for international institutions."

By Robert Farley • January 16, 2009
Competitive Enterprise Institute
stated on January 14, 2009 in a news release:

"Geithner still didn't correct the same type of error for some years, even after the Internal Revenue Service flagged him for the failure to pay the taxes in other years."

By Robert Farley • January 16, 2009

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