Blast From the Past

“Make no mistake, tax cheaters cheat us all, and the IRS should enforce our laws to the letter. ” Sen. Tom Daschle, Congressional Record, May 7, 1998, p. S4507.

Fast forward:

UPDATE: February 2, 9:15AM: WASHINGTON (AP) -- Tom Daschle says he's "deeply embarrassed and disappointed" about his failure to pay more than $120,000 in taxes.

And

Also, the financial disclosure form Daschle filed about a week ago shows that he made more than $200,000 in the past two years speaking to members of the industry that President Barack Obama wants him to reform.

Obama has said that no one in his administration who has lobbied on a set of issues within the past two years can deal with the same subject matter.

Jenny Backus, a spokeswoman for Daschle, said the money he earned in speaking fees from health care interests do not pose a conflict for the health care reform Obama wants him to lead.

Daschle said in a letter to the Department of Health and Human Services ethics office that if he's confirmed by the Senate, he will resign as a senior policy adviser at the Washington law firm of Alston and Bird LLP. He reported earnings of more than $2 million from that firm during the past two years.

Daschle also earned more than $2 million in consulting fees from InterMedia Advisors LLC of New York, an investment firm specializing in buyouts and industry consolidation. He said he also intends to resign from that firm upon his confirmation.

Glenn Reynolds notes:

from Glenn Reynolds

OUCH: “Tom Daschle never met a tax hike he didn’t like for us. But why the hell can’t he pay his own taxes?”

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