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It is significant economic news when the Tom Daschle who was to bring the US into the Healthcare Promised Land, appears, like Timmie Geithner, to have had significant tax lapses. It also seems pretty incredible that both Geithner and Daschle were apparently not properly vetted by the new Adminstration, a manifestation of incompetence on its own. Or they just don't care if these priviliged people pay their taxes:
"Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in back taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.
The White House acknowledged Friday that "some tax issues" had emerged in connection with the nomination, but a spokesman said the president is confident the former Senate Democratic leader will be confirmed as the new health secretary.
Daschle filed amended tax returns for 2005, 2006 and 2007 to reflect additional income for consulting work, the use of a car service and reduced deductions for charitable contributions. He filed the returns after Obama announced he intended to nominate Daschle to head the Health and Human Services Department.
Most of the additional taxes resulted from unreported income from the use of a car service provided him by a close friend and business associate, Leo Hindery Jr. The unreported income for that service totaled more than $250,000 over three years.
Daschle also had unreported consulting income of $88,333, in 2007. He also had reductions to charitable contributions totaling about $15,000 over the three years covered, according to the Senate Finance Committee document. The document, marked "Confidential Draft," is a committee statement concerning Daschle's nomination."
http://www.huffingtonpost.com/2009/0..._n_162708.html
It seems like paying your taxes is a Fee charged to be in the Cabinet. Be interesting to see if Daschle has to withdraw, unlike Geithner who had the powerful Financial Industry and other Bailoutees solidly behind him.
"Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in back taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.
The White House acknowledged Friday that "some tax issues" had emerged in connection with the nomination, but a spokesman said the president is confident the former Senate Democratic leader will be confirmed as the new health secretary.
Daschle filed amended tax returns for 2005, 2006 and 2007 to reflect additional income for consulting work, the use of a car service and reduced deductions for charitable contributions. He filed the returns after Obama announced he intended to nominate Daschle to head the Health and Human Services Department.
Most of the additional taxes resulted from unreported income from the use of a car service provided him by a close friend and business associate, Leo Hindery Jr. The unreported income for that service totaled more than $250,000 over three years.
Daschle also had unreported consulting income of $88,333, in 2007. He also had reductions to charitable contributions totaling about $15,000 over the three years covered, according to the Senate Finance Committee document. The document, marked "Confidential Draft," is a committee statement concerning Daschle's nomination."
http://www.huffingtonpost.com/2009/0..._n_162708.html
It seems like paying your taxes is a Fee charged to be in the Cabinet. Be interesting to see if Daschle has to withdraw, unlike Geithner who had the powerful Financial Industry and other Bailoutees solidly behind him.
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