Daschle’s Corporate Jet Rides
DID AN EVIL CORPORATE JET KILL THE DASCHLE NOMINATION?
The Wall Street Journal is reporting that Tom Daschle took some luxury plane rides courtesy of a charity and failed to report these as taxable income. The Journal reports the IRS is looking into “Catherine and Wayne Reynolds, founders of education lender EduCap Inc. and a related entity, the Academy of Achievement.”
Apparently, Tom Daschle took several trips on a $28-million dollar evil EduCap corporate jet. The Journal says the IRS “is looking into are whether EduCap used a $28 million Gulfstream IV corporate jet owned by the nonprofit for trips not related to its core mission.”
A senate committee was looking into these trips as part of the confirmation process for Daschle, who had been nominated to be US Health & Human Services Director under President B-Rock. The journal says:
“Mr. Daschle’s decisions to take two trips on the EduCap jet, one to the Bahamas and another to the Middle East, were questioned by the Senate Finance Committee as potentially taxable income in the context of the panel’s broader review of Mr. Daschle’s finances. Mr. Daschle said the trips weren’t taxable, but withdrew his nomination Tuesday before the issue was resolved.”
