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Geithner’s Tax Troubles: There’s Much More, and the Press Is Virtually Ignoring It
NewsBusters.org - Exposing Liberal Media Bias —
... during the school vacation period. A popular solution — with a tax benefit — is a day camp program.
The cost of day camp can count as an expense towards the child and dependent care credit. Expenses for overnight camps do not qualify. If your childcare provider is a sitter at your home or a daycare facility outside the home, you'll get some tax benefit if you qualify for the credit.
This Geithner gambit caused the Washington Post's Marie Cocco to hit the roof last week at the paper's Post Partisan blog:
It’s the ...
Geithner and Summer Camp: Much More to Explain
Politics Daily —
... right, Geithner claimed his kids overnight camp as a day care credit. This is a simple issue that many Americans can understand as they have been told by their tax accountants or their tax software that no, overnight camp is not a deduction, the IRS is clear about that. But Geithner's claim is so audacious even the Washington Post is shocked, and that just might spell the end of this example of Obama's botched nonexistent vetting process. (Bill Richardson anyone?) PostPartisan It's the sleep-away camp that goes beyond the definition of simple ...
