Business

Geithner: Wealthy Should Bear a ‘Larger Burden’ for the ‘Privilege of Being an American’

File this under “unbearably ironic.”

Treasury Secretary Tim Geithner, speaking this morning on CNBC:

“That’s the kind of balance you need,” said Geithner. “Why is that the case? Because if you don’t try to generate more revenues through tax reform, if you don’t ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to — the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.”

How is this, as the introduction suggests, “ironic?” Well, some may recall back in 2009 when it was discovered that Geithner had some — how do you put it? — serious tax issues.

Perhaps he wasn’t interested in paying for the privilege of being an American.

(H/T: The Weekly Standard)

Comments (274)

  • B-Neil
    Posted on February 24, 2012 at 4:20pm

    I love these Progressive, Socualist, Communist, liberal ars holes. They want to make everything a privilege so they can control everything. Sorry Dumb arses, This born American is here by RIGHT of a Constitution and Bill of Rights. So Geithner can take his privilege and shove it up his ars. The only time I don’t like the Wealthy is when they get in bed with the Government. CARRY ON McDUFF p.s. any government di-k heads monitoring the Blaze can kiss my (?)

    Report Post »  
  • keep456ty
    Posted on February 24, 2012 at 4:17pm

    Once again, this is coming from someone who admittedly didn’t pay his own taxes?!?!?!?!?

    Report Post »  
    • CatB
      Posted on February 24, 2012 at 4:20pm

      YES!

      c

      Report Post »  
    • HKS
      Posted on February 24, 2012 at 4:26pm

      He would be in the 50 percent that don’t pay anything at all, Everyone should pay something, pennies add up to you know.

      Report Post » HKS  
    • Wakeup Maggie
      Posted on February 24, 2012 at 4:27pm

      Somebody needs to tell the five head that his scams, I mean schemes…aren’t working

      No BO 2012

      Report Post » Wakeup Maggie  
    • seeker9
      Posted on February 24, 2012 at 4:33pm

      Why don’t ALL Americans have to “pay for the privilege”? Sounds like a new Demo-marxist tag line.

      Report Post » seeker9  
    • Gorp
      Posted on February 24, 2012 at 4:40pm

      Is it just me or does he remind anybody else as “Wally” from “Leave It To Beaver”?

      They are both lying sleazebags!

      Report Post » Gorp  
    • SpankDaMonkey
      Posted on February 24, 2012 at 4:56pm

      .
      Somehow we have got to find away to turn Stupid into gold. Lil’ Timmy could pay off the national debt…….

      Report Post » SpankDaMonkey  
    • @leftfighter
      Posted on February 24, 2012 at 5:06pm

      @Wakeup Maggie

      The five head, or the heads of the Five Families? Given the corruption of this Administration, I’m thinking the latter.

      Just sayin’.

      Report Post » @leftfighter  
    • AvengerK
      Posted on February 24, 2012 at 5:20pm

      There’s that word…“sustainability”. As soon as I hear a poltical hack (particularly laughing stock like Geithner) use that word I switch off.
      Seriously….when has Geithner been right about anything?
      More so…name one Obama administration policy that has worked as advertised or even worked at all?

      Report Post »  
    • CatB
      Posted on February 24, 2012 at 5:23pm

      @GORP …

      Not Wally .. that was the Bev’s brother … Eddie Haskel was the sleeze

      Report Post »  
    • Itsjusttim
      Posted on February 24, 2012 at 5:28pm

      Well guess what? The rich should have thought about these coming times before they danced with the devil – you know money based on production and numbers on their children.

      Report Post » Itsjusttim  
    • Itsjusttim
      Posted on February 24, 2012 at 5:35pm

      Here check it out. If the Sorrows didn’t start for you in 1970, then you’re not the waters of Christ.

      Report Post » Itsjusttim  
    • Gorp
      Posted on February 24, 2012 at 5:38pm

      @ CATB:

      I stand corrected. But I have an excuse. I remember the show and watched it as a kid, so that means I‘m OLD and the brain isn’t firing as good as it used to.

      That‘s my story and I’m sticking to it…

      Report Post » Gorp  
    • Itsjusttim
      Posted on February 24, 2012 at 5:40pm

      People didn’t realize they were going through tribulation because of WW1, and WW2, and everything that shines, and the Tribulation was leading up to the Sorrows when spiritual chains were placed on the souls (numbers) of your children in 1970.

      Report Post » Itsjusttim  
    • Itsjusttim
      Posted on February 24, 2012 at 5:42pm

      They are going to eat every penny everyone has worked hard dancing with the devil to get.

      Report Post » Itsjusttim  
    • PATTY HENRY
      Posted on February 24, 2012 at 6:19pm

      This is the worst and most GUTLESS philosophy I’ve ever seen. THE Beauty of AMERICA is that our POOR do NOT stay poor. OUR POOR can be our RICH in less than Two decades. NO OTHER COUNTRY CAN SAY THAT.

      THESE weak, chicken s— btards are trying to build a 3rd world here so they can maintain control…..you dopes!!! Whatcha gonna have when you have ruined companies; illiterate people; decaying cities? You idiots.

      Report Post » PATTY HENRY  
    • RabidPatriot
      Posted on February 24, 2012 at 6:50pm

      Since the top earning 50% pay the entire bill to host this party we call America, maybe they should start charging a cover charge for all those party crashers that spend all night clogging the line for the open bar.

      Report Post » RabidPatriot  
    • Skan
      Posted on February 24, 2012 at 6:58pm

      I thinks his not paying is taxes, “his FAIR SHARE”, warrants revoking his citizenship. And this applies all the other tax cheats we’ve discovered since this administration took over.

      Report Post »  
    • MYHEROISRON
      Posted on February 24, 2012 at 7:14pm

      Why should any American pay more taxes into a system full of fraud, waste, abuse and a federal government that is corrupt beyond calculation? I think it’s time to hit the reset button on Washington D.C. and then we can watch Timmy swing in the breeze by his scrawny pencil neck, that lousy SOB!!!!

      Report Post » MYHEROISRON  
    • Pontiac
      Posted on February 24, 2012 at 7:26pm

      [Privilege of Being an American]
      Oh, so if we make more we have to pay more to keep that privilege otherwise they might what, revoke our citizenship?

      Fair Tax, please.

      Report Post » Pontiac  
    • Marci
      Posted on February 24, 2012 at 8:32pm

      Wow. So now you have to pay exhorbitant taxes to have the privelege of being an American—only if you are wealthy? While others pay nothing for the privelege. Socialism at its best (worst) and how predictable that someone who is in a powerful position, wealthy, and not held to account for his own tax debt should advocate it. I know The Blaze readers understand it, but for any Moonbats trolling the forum, wake up. This is what our leaders our going for—permanent power and entitlement to YOUR money to dole out as they see fit. When the money runs out, they will still be wealthy at our expense.

      Report Post » Marci  
    • jhaydeng
      Posted on February 24, 2012 at 8:42pm

      Stfu Timmy!

      Report Post »  
    • Unc68
      Posted on February 24, 2012 at 8:50pm

      Wow, I did not know I was required to pay for my citizenship. This puts the illegal alien issue in a whole new perspective and denies citizenship to all Americans not paying taxes. Come on the priviledge of being and American is Citizenship.

      Report Post »  
    • Pigpen
      Posted on February 24, 2012 at 10:00pm

      This is LUNACY. The spin machine for these PUKES is unreal. Now, true, Geithner never worked for Goldman-Sachs (hard to believe given that virtually every other US Treasury and financial oversight official has worked for GS) BUT THE SPIN!!! To show WHY nobody in the USA trusts er, um, “liberals” anymore, I present the New York Magazine quote which even when it was trying to tell the TRUTH about Geithner ended up looking DISHONEST:

      “In reality, Geithner, the former head of the New York Fed, has never worked for Goldman — has never had a job in banking, at all — but despite his repeated assertions to this effect, the rumor persists,…”

      Did you read that? DID YOU READ THAT? The New York Rag, er, the New York Mag had the brass to write (in the same sentence no less) that Geithner was the HEAD of the New York FEDERAL RESERVE BANK but had never held a job in BANKING?

      WTF?

      Report Post » Pigpen  
    • EndTheFedNOW
      Posted on February 24, 2012 at 11:39pm

      These people (the bankers) are the real threat to America. All Americans. These people have been ripping us off since 1933.

      Its the Fed stupid.

      Report Post » EndTheFedNOW  
    • Oldtruth
      Posted on February 25, 2012 at 12:58am

      @Gorp, you’re thinking of Eddie Haskell….

      Report Post » Oldtruth  
    • lukerw
      Posted on February 25, 2012 at 1:35am

      NOW… we know what to Charge the Illlegal Aliens for Citizenship!

      Report Post » lukerw  
    • MYHEROISRON
      Posted on February 25, 2012 at 7:04am

      Will someone please explain to me why anybody should pay more taxes into a system of fraud, waste, abuse and massive political corruption? Timmy, you need to swing in the breeze by that scrawny pencil neck of yours you lousy SOB!

      Report Post » MYHEROISRON  
    • Cat
      Posted on February 25, 2012 at 9:34am


      Howz-a-bout this idea Timmy;
      A national sales tax and NO PROGRESSIVE income tax
      That way, EVERYONE pays to be here, you phuqing dope

      Report Post » Cat  
    • turkey13
      Posted on February 25, 2012 at 10:02am

      I never heard or read anywhere that Timmy paid his taxes and interest. I never heard if the other 6 zars paid theirs. I do know that at some time some Congress is going to have to tax everyone down to the $12,000.00 level if SS continues. This system was designed for everyone down to the poverty level to pay for them to get a check. The only way for Congress to bite the bullit is to have Term Limits. As long as we have carrer politicians it won’t happen or the voters would fire them. We have to many folks hooked on SS and SSI with Medicade to pick up their premiams.

      Report Post »  
    • little big man
      Posted on February 25, 2012 at 11:31am

      Since when is it a privilege to be an American when you are born in this country???????? It’s your birth right.
      If you are an immigrant and come to this country legally, and we let you in to become an American then it’s a privilege.
      Or you could just run across the mexHEcan border like all the illegals do.

      Report Post » little big man  
    • cyclops
      Posted on February 25, 2012 at 12:12pm

      You have a point there…..

      Report Post » cyclops  
    • cindysplowboy
      Posted on February 25, 2012 at 5:11pm

      Wow that sounds like equality. What a freak.

      Report Post »  
    • Freedom from liberals
      Posted on February 25, 2012 at 7:29pm

      I thought I saw him in the Wizard of Oz. OHHH WEEEEEEEEEEE OHH.

      Report Post »  
    • Grey Eagle
      Posted on February 25, 2012 at 10:02pm

      I was just thinking the same thing. Big tax cheat telling us what to do.

      Report Post »  
    • HumbleMan
      Posted on February 26, 2012 at 5:53pm

      I don’t know about you, but I received my “privilege” to be American from God the creator, not from the government. Why should I pay the government for what God has given?

      If I count all government costs, including state, federal, local, sales (and don’t forget tax on the gallon of gas), my taxes are over 50%, with no shelter from these wolves.

      Report Post » HumbleMan  
    • old white guy
      Posted on February 27, 2012 at 9:07am

      why doesn’t the government just take everything the top 30 percent have. the rest of america would soon understand what is happening…. the money would be gone in less than six months and more debt would be required. people really have no idea how small the wealth is of the wealthiest in comparrison to the u.s. debt and deficit.

      Report Post »  
  • Micmac
    Posted on February 24, 2012 at 4:17pm

    This is a WTF moment.

    NoBama 2012

    Report Post »  
  • Madmilo
    Posted on February 24, 2012 at 4:16pm

    The democracy will cease to exist when you take away from those who are willing to work and give to those who would not… Thomas Jefferson
    Need I say more?

    Report Post » Madmilo  
    • Lord_Frostwind
      Posted on February 24, 2012 at 6:30pm

      I say the rich demonstrate just how much that “privilege of being an American” really matters to them, by moving their companies out of the nation. If it takes our welfare system collapsing in on itself to get the point across, so be it.

      Report Post » Lord_Frostwind  
    • Bill Rowland
      Posted on February 25, 2012 at 6:31am

      How about if Geitner starts by having the IRS collect what is owed by our congressmen and government employees? Don’t forget to collect interest and penalties (retroactive)like you do for the little people.
      When you have accomplished that then we can talk about doing away with some of the loopholes or maybe a flat tax that would be fait to everyone.
      This administratioins constant harping on raising the taxes only on the wealthy.

      OMG

      Report Post »  
  • TheObamanation
    Posted on February 24, 2012 at 4:16pm

    If we don’t raise taxes … we’ll have to cut teachers … police officers … fire fighters … and … the military … Chevy Volt anyone ?

    Report Post » TheObamanation  
  • My Two Cents
    Posted on February 24, 2012 at 4:15pm

    There was a time when freedom from an oppresive government was a privilege of being an American.

    Report Post »  
  • momsense
    Posted on February 24, 2012 at 4:14pm

    Hey Timmy Baby—– Arent the other 48%’ ers glad to be Americans too? What do they pay? How about some“ fairness ” here. Many of these people pay little or nothing but get huge payoffs because of tax credits paid for by yours truly and all the other Federal slaves–commonly called working people.

    Report Post »  
  • PJL
    Posted on February 24, 2012 at 4:14pm

    Geithner, should have to pay a 100% tax for making us Americans have to listen to his stupidity! What a jerk.

    Report Post » PJL  
  • Ella
    Posted on February 24, 2012 at 4:13pm

    Spoken like a true communist!

    Report Post »  
    • CatB
      Posted on February 24, 2012 at 4:19pm

      How about the people who pay NO INCOME TAX and get a huge refund !!! Earned income credit my a$$ .. that is welfare!

      Report Post »  
  • abbygirl1994
    Posted on February 24, 2012 at 4:12pm

    Boy this guy is a peice of work.. has he even ever paid his back taxes, I looked on line and couldn’t find where he had.. hey Geithner how about getting Warren Buffet to pay his back taxes.. and all those Hollywood elites.. Oh and how about GE.. etc. What a freaking hypocrite.. I will be so glad to see you and your cohorts behind bars.. if not there then that place where it is hell fire and gnashing of teeth would be great! God help us!

    Report Post » abbygirl1994  
  • welovetheUSA
    Posted on February 24, 2012 at 4:12pm

    Is there no way to impeech this idoit……………we donot want other peoples earned money…….we donot want your food stamps..your greedy unions……your free homes or clown cars………..we donot want the government doing any of the above, period.

    Report Post » welovetheUSA  
  • marion
    Posted on February 24, 2012 at 4:11pm

    Once again the Liberal/Progressive left does not make any sense in their argument.

    Why do the rich need to pay more if they didnt’ steal their money?

    Why are the middle class retirees the ones that would suffer otherwise?

    Why is it those which pay less or none at all not have to pay their fair share, either?

    Report Post »  
    • CatB
      Posted on February 24, 2012 at 4:30pm

      Some not only don’t pay .. they get a REFUND … how does that make sense? It is welfare and keeps people from trying to work harder.

      Report Post »  
    • Madmilo
      Posted on February 24, 2012 at 4:39pm

      Once again the Liberal/Progressive left does not make any sense in their argument.

      Why do the rich need to pay more if they didnt’ steal their money?

      Why are the middle class retirees the ones that would suffer otherwise?

      Why is it those which pay less or none at all not have to pay their fair share, either?

      1. The government is stealing our money.
      2.The middle class retirees, the ones that would suffer otherwise. Worked for the government.
      3. Most of the ones that pay little or no taxes also work for the government.

      Report Post » Madmilo  
  • elosogrande
    Posted on February 24, 2012 at 4:10pm

    Hey Timmy – you dolt! Half of the population doesn’t pay any of the burden, they just live off of those dispicable rich white guys…some off whom don’t pay their taxes!

    Report Post »  
  • South Philly Boy
    Posted on February 24, 2012 at 4:09pm

    Mr Spock Jr. has spoken

    Report Post » South Philly Boy  
  • TerryDo
    Posted on February 24, 2012 at 4:07pm

    Has Buffet and Geithner paid their past due taxes yet?
    What about the unions and the dues they collect from their forced members,are they paying taxes on that income?
    They sure know how to spend that income on political support commercials in favor of Obama. And because these commercials favor Obama does that also mean they get a tax break against the income?

    Report Post »  
  • Anonymous T. Irrelevant
    Posted on February 24, 2012 at 4:07pm

    I no longer think SOROS should enjoy the privilege of being “America,” though.

    Report Post » Anonymous T. Irrelevant  
  • kapu
    Posted on February 24, 2012 at 4:06pm

    funny, this coming from the man that can’t even figure out Turbo Tax……….wonder if he is going to feel really ‘privileged’ as well…………as well as the other ‘good’ people that are skirting the same ‘privilege.’

    Report Post » kapu  
  • whereareyourbrains
    Posted on February 24, 2012 at 4:02pm

    Dah…………lets keep telling these people the that rich will bail them out if they just give more. Lets keep telling them that they deserve the wealth people money. Lets keep telling them that we may have to cut social security…even thought they say that is what the GOP says…………..did this man pay his taxes yet? They are using racial demands on the rich…………I am poor………I don’t want their money……….I don’t want their hand out. I want to earn my own. Get rid of Obama as president and the companies will start hiring again………..really they will. As soon as he is un elected……..the economy with drasticly improve…….not a pretend improvement but a real one…………….

    Report Post » whereareyourbrains  
  • rightbrain222
    Posted on February 24, 2012 at 4:00pm

    How about asking the 55% who pay nothing to contribute and provide “BALANCE”

    Report Post »  
    • abbygirl1994
      Posted on February 24, 2012 at 4:19pm

      Now theres a idea.. those who are on entitlements could not recieve the tax amount in their welfare check and their foodstamps. Just think of the money this country could save every month! I was talking to a foodstamp recipient the other day she use to get about 150 a month for foodstamps, now she gets 300. And thats just for her and her son. Anybody else get a raise like that?? Of course not! No wonder people aren’t going off the entitlements. Sounds pretty darn good just to stay on them. Listen welfare should be a hand up not a permanent handout! It should be required that people keep looking for jobs while on welfare. And proof that they have!

      Report Post » abbygirl1994  
    • hatchetjob
      Posted on February 24, 2012 at 4:27pm

      They can’t contribute right now, they are busy waiting in line for $200. Nike shoes.

      Report Post » hatchetjob  
    • STOPTHEPROGRESSIVES
      Posted on February 24, 2012 at 8:47pm

      @abbygirl, things should be so simple but they’re not!
      Ask yourself this. Where are these jobs you would have us hunting? Tell me!!!!!! I’ve been unemployed for way too long. I get interviews but still no job. I‘m 57 years old thats why I can’t land a job.
      Things started down hill when my wife got sick, we thought we could weather the storm. We were wrong! Everything is gone but the house, soon it will be on the auction block too. It happened so fast our heads are still spinning.
      So……… anyone in central Pa. willing to give an old man a job? I’d push a broom all night long if I can make enough money to pay my bills and get the meds my wife needs.

      I don’t want a government handout. I’ll make my own way, given the chance.

      I say vote out the lib/progs(both parties). Lower taxes across the board,limit the power of these greedy unions and get a handle on our debt then jobs might come back to the U.S. Not in time to help me…prob’ly but it might save your kids and mine from all the grief my wife and I have had to suffer.

      It CAN go away very fast…………..Just think about that for little while, maybe you won’t be so judgmental next time.

      Not all unemployed people are milking the system. Some could use a hand up not a handout!

      Report Post » STOPTHEPROGRESSIVES  
  • Anonymous T. Irrelevant
    Posted on February 24, 2012 at 4:00pm

    Geithner, Obama, Warren Buffett, the Hollywood crowd, etc. all act as if they aren’t the wealthy people and keep saying the “wealthy need to pay their ‘fair share.’”
    I agree with Christie, just write the check and shut up!

    Report Post » Anonymous T. Irrelevant  
  • NHwinter
    Posted on February 24, 2012 at 3:56pm

    And maybe he and Buffet, along with all the federal employees that have paid their taxes, should start paying their fair share now or go to jail. Enough of the warfare on the rich. Time for the 47% that pay no taxes to work and pay their fair share!!

    Report Post » NHwinter  
    • NHwinter
      Posted on February 24, 2012 at 4:01pm

      correction – have not paid their taxes

      Report Post » NHwinter  
    • larry59
      Posted on February 26, 2012 at 9:22pm

      The people that collect welfare checks should have tax taken out just like anybody that has a job. Now that’s fairness and equality Timmyboy, better discuss that with your King. What do ya think Jr. ???

      Report Post »  
  • SquidVetOhio
    Posted on February 24, 2012 at 3:56pm

    I guess the privilege is free for the poor.

    Report Post » SquidVetOhio  
  • RightUnite
    Posted on February 24, 2012 at 3:55pm

    Maybe if you and your kind had actually paid your taxes, maybe we wouldn’t be in the shape we are in right now… How about that, huh?

    Report Post »  
  • Arshloch
    Posted on February 24, 2012 at 3:54pm

    De moron done speak. Yup he be a tall-i-gent, must be ’bout 6′ 300″ tall

    Report Post » Arshloch  
    • dugbru
      Posted on February 24, 2012 at 4:28pm

      This is for TOM_SERVO.. he has reply bvlocked.. Tom here you go .. Isn’t it IRONIC that a tax cheat and hypocrit is telling you to do what he tried to avoid doing??? Ironic eh????

      Report Post »  
    • TOMSERVO
      Posted on February 24, 2012 at 5:40pm

      I don’t have anything blocked.

      Report Post »  
  • TOMSERVO
    Posted on February 24, 2012 at 3:52pm

    Ready to publish? Perhaps brush up on the meaning of “irony” before you hit that publish button.

    Report Post »  
    • Ben__Franklin
      Posted on February 24, 2012 at 3:57pm

      Ah, Yes, pay no attention to that other hand. Watch this one to entertain you. So, Whats your definition of “Irony”? I see it in the quotes from Tax Cheat Geithner. Did I miss something or did you?

      Report Post »  
    • TOMSERVO
      Posted on February 24, 2012 at 4:02pm

      Ben Franklin, I believe you are referring to “hypocrisy,” which is most certainly on display here.

      Report Post »  

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