Taxes Bite Another Obama Nominee

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More Obama nominee tax problems: Now Nancy Killefer is pulling out as the President's choice to be a pioneering "chief performance officer" for the government. The reason: failure to pay employment taxes for household help.

Killefer, 55, is an executive with McKinsey. Her problems with the so-called nanny tax follow closely on the heels of nomination tax foulups involving Timothy GeithnerBloomberg Terminal, the new Treasury Secretary, and Tom DaschleBloomberg Terminal, President Obama's nominee for Health & Human Services Secretary.