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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (4266)	2/26/2004 7:52:58 AM
From: tonto	Read Replies (1) \| Respond to of 81568

Posted on Thu, Feb. 26, 2004 Kerry raised funds from firms he criticizes COMPANIES SENDING JOBS OVERSEAS AT ISSUE By Jim VandeHei Washington Post WASHINGTON - Sen. John Kerry of Massachusetts, the front-runner for the Democratic presidential nomination, frequently calls companies and chief executives ``Benedict Arnolds'' if they move jobs and operations overseas to avoid paying U.S. taxes. But Kerry has accepted money and fundraising assistance from top executives at companies that fit the candidate's description of the notorious traitor. Executives and employees at such companies have contributed at least $140,000 to Kerry's presidential campaign, a review of his donor records shows. Additionally, two of Kerry's biggest fundraisers, who together have raised at least $400,000 for the candidate, are top executives at investment firms that helped set up companies in the world's best-known offshore tax havens, federal records show. Kerry has raised nearly $30 million for his White House run. Kerry has taken aim at ``Benedict Arnold'' companies as part of a much broader political and policy debate over stemming the flow of good-paying U.S. jobs overseas, a chief cause of unemployment, especially in the hardest-hit manufacturing sector. Kerry's solution is to enforce trade agreements, track and slow the outsourcing of U.S. jobs and stop providing government contracts and tax incentives to companies that move operations or jobs offshore. David Roux, who has raised more than $250,000 for Kerry since 2002, is co-founder of a Scotts Valley company that helped purchase Seagate Technology and incorporated it in the Cayman Islands. While the State Department lists Seagate as among the companies that reincorporated offshore to save on taxes, Roux said Wednesday that he works for a ``global'' company forced to make ``thoughtful'' business decisions. Stephen Luczo, chief executive of Seagate, has contributed $4,000 to Kerry, the maximum allowed under law, and $2,000 to the candidate's legal-defense fund. Luczo was not available for comment.