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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (452679)1/30/2009 8:01:48 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573958
 
CJ, > Umm, you do realize that has already happened?

Not everywhere. Beijing and Bangalore come to mind ...

Tenchusatsu



To: combjelly who wrote (452679)1/30/2009 8:14:17 PM
From: longnshort  Respond to of 1573958
 
Another democrat tax cheat:

blogs.abcnews.com

Bumps in the Road: Obama's HHS Secretary Nominee Faces Tax Questions Over Car and Driver

January 30, 2009 6:29 PM

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.

During the vetting process to become HHS secretary, Daschle corrected the tax violation, voluntarily paying $101,943 in back taxes plus interest, [ed. You mean he was given a choice?] working with his accountant to amend his tax returns for 2005 through 2007.

(Mr. Daschle reimbursed the IRS $31,462 in taxes and interest for tax year 2005; $35,546 for 2006; and $34,935, a Daschle spokesperson said, adding that Daschle had asked his accountant to look into the tax implications of the car and driver five months before Mr. Obama won the presidency.)