In Daschle's tax woes, a peek into Washington
In early 2005, Tom Daschle, the former Democratic Senate leader, teamed up with his close friend Leo Hindery. Daschle agreed to become the founding chairman of "a world-class executive advisory board" of "industry and regulatory experts" for a new investment firm run by Hindery, according to a news release announcing its inception and seeking investors. The partnership has now come back to haunt Daschle, with the disclosure that he had failed to pay $128,000 in taxes on the car and driver Hindery's firm provided him, threatening to derail his confirmation as secretary of health and human services.
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