Obama makes two tax-related recess appointments

President Obama on Saturday made two tax-related recess appointments.

Jeffrey Goldstein is the interim Under Secretary for Domestic Finance at Treasury.

During his Senate Finance Committee confirmation hearing, Chairman Max Baucus (D-Mont.) and ranking Republican Chuck Grassley (Iowa) both scrutinized Goldstein's role in setting up "blocker" corporations, a legal yet highly suspect type of tax shelter.

Goldstein was compensated for his effort by carried interest, another highly controvserial topic since payments are taxed as capital gains, which is much lower than ordinary income tax rates.

Obama also named Michael Mundaca to be interim Assistant Secretary for Tax Policy at Treasury.

K Street seems to like this guy.