Another Obama Apointee, Another Apointee with a Tax Problem

Obama trade pick erred in past tax filings

from Yahoo News

1 hr 8 mins ago

WASHINGTON (AFP) – US President Barack Obama's nominee to be the next US Trade Representative, Ronald Kirk, hit a snag in his confirmation Monday, as a key Senate panel revealed that he erred in past tax filings.

The former Dallas mayor is the latest of Obama's choices for key government posts to admit to tax trouble. He has agreed to file amended tax returns to remedy his mistakes, the Senate Finance Committee said in a statement.

"Staff estimates the total tax adjustments on Mayor Kirk's amended returns for 2005, 2006 and 2007 will be approximately 9,975 dollars," the panel said in a report on the nomination.

Democratic Senator Max Baucus, the panel's chairman, said in a statement that Kirk "is the right person for this job and I will work to move his nomination quickly.

"I am confident he can successfully restore the confidence of Congress and the American people in a balanced international trade agenda," said Baucus, whose committee will hold a hearing on Kirk's nomination on March 9.

The panel cited several issues, chiefly the failure to pay income taxes on about 37,750 dollars in speaking fees that he had donated to his college.
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