31 Jan
Posted by MacRanger as Uncategorized
Seems to be a prerequisite of working for Obama.
“Thomas A. Daschle, nominated to be secretary of the Department of Health and Human Services, did not pay more than $128,000 in taxes over three years, a revelation that poses a potential obstacle to his Senate confirmation.
The back taxes, along with $12,000 in interest and penalties, involved unreported consulting fees, questionable charitable contributions, and a car and driver provided by a private equity firm run by entrepreneur and longtime Democratic Party donor Leo J. Hindery Jr., according to a confidential draft report prepared by Senate Finance Committee staff.
A spokeswoman for Daschle confirmed last night that he recently paid back taxes in excess of $100,000. She said that Daschle, a former Senate majority leader, and his accountant discovered the error regarding the luxury car service and reported it to the committee after his vetting was completed.
Daschle paid the back taxes six days before his first Senate confirmation hearing with the Senate Health, Education, Labor and Pensions Committee. The Finance Committee, however, has jurisdiction over his nomination.
Daschle, one of President Obama’s earliest and most steadfast campaign supporters, is the second Cabinet nominee to acknowledge tax errors. On Jan. 13, Timothy F. Geithner, who was chosen to run the Treasury Department, disclosed that he had not paid some taxes and subsequently paid $43,000 in taxes and penalties. He was sworn in on Jan. 26.
Because of an apparent clerical error by the equity firm, Daschle did not report more than $83,000 in consulting fees in 2007 and has not provided sufficient documentation relating to $15,000 in charitable contributions over three years, according to the panel’s report. He and his wife, Linda, gave $276,000 in charitable contributions during the three-year period being studied by the panel, according to a Daschle aide.
His spokeswoman, Jenny Backus, said the presidential transition team “concluded that some of his charitable donations were not properly documented and may have been deducted in error,” and the couple paid $5,693 in back taxes.
Daschle has been called to appear before the full committee Monday in a closed-door session.”
Which is BS. What’s this with “My Turbo Tax misled me” and “It’s my accountant’s fault”? This is the kind of people Barack Obama wants in his cabinet?
Powerline with the quote of the day on this:
“One good thing about electing a Democrat as President is that, as he nominates fellow Democrats to senior positions in the Executive Branch, millions of dollars in unpaid tax liabilities come to light and are belatedly paid to the IRS, with interest. It is, perhaps, the most tangible advantage of electing Democrats to office.”
Technorati Tags: Tom Daschle, Barack Obama
2 Responses
shield
January 31st, 2009 at 3:22 pm
1Nothing but criminals and felons in DC and BO and his administration….oh my what the American people must be thinking…I suspect the honest ones are horrified….the others like it and think it is ok to be a gangster………..
retire05
January 31st, 2009 at 7:52 pm
2Mac, here is an interesting little read from 2003 that you might want to give your readers a heads up on:
http://www.laweekly.com/2003-01-23/news/i-m-linda-fly-me
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