Friday, January 30, 2009

Surprise! Puff Daschle Another Obama Tax Cheat

Maybe Tom Daschle is who Bob Woodward was referring to.
ABC News has learned that the nomination of former Senator Majority Leader Tom Daschle, D-S.D., to be President Obama's Secretary of Health and Human Services has hit a traffic snarl on its way through the Senate Finance Committee.

The controversy deals with a car and driver lent to Daschle by a wealthy Democratic friend, a chauffeur service the former senator used for years without declaring it on his taxes.

It remains an open question as to whether this is a "speed bump," as a Democratic Senate ally of Daschle put it, or something more damaging.

After being defeated in his 2004 re-election campaign to the Senate, Daschle in 2005 became a consultant and chairman of the Executive Advisory Board at InterMedia Advisors.

Based in New York City, InterMedia Advisors is a private equity firm founded in part by longtime Daschle friend and Democratic fundraiserLeo Hindery, the former president of the YES network (the Yankees' and Devils' broadcast network).

That same year he began his professional relationship with InterMedia 2005, Daschle began using the services of Hindery's car and driver.

The Cadillac and driver were never part of Daschle's official compensation package at InterMedia but Mr. Daschle -- who as Senate majority leader enjoyed the use of a car and driver at taxpayer expense -- didn't declare their services on his income taxes, as tax laws require.
Oops.

Change!

H/T Hot Air headlines.

But wait, there's more.
Tom Daschle, President Barack Obama's choice for secretary of Health and Human Services, paid about $140,000 in back taxes and interest after questions surfaced during the vetting of his nomination, according to documents being prepared by the Senate Finance Committee.
$140,000 in back taxes?

Of course, this present no problem for Obama.
The White House has acknowledged that former Sen. Tom Daschle, President Obama's nominee to head the Department of Health and Human Services, had "some tax issues," which, the administration says, have been resolved and shouldn't bar his confirmation as secretary.
That amount is at least twice the amount in back taxes Tim Geithner paid (via Instapundit).

I must give Obama kudos for that clever Friday night news dump. He learned a lot from the Clintons.

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