Not that anyone needed another reason to be glad they’re not John Edwards.
But here’s one you wouldn’t have noticed unless you follow the Senate very, very closely.
When Democrats proposed paying for a freeze in student-loan interest rates by requiring some professional services firms — such as law firms — to pay withholding taxes on their income, Senate Majority Leader Harry Reid said the proposal, S. 2343, would fix “the Gingrich/Edwards tax loophole.”
Avoiding tax bills that way “is a ruse, and we know it and the American people know it,” the No. 3 Senate Democrat, Charles Schumer, told reporters May 8, adding, “And listen to this. John Edwards actually used this bogus tax arrangement.”
Democrats also gave reporters a background document saying that Edwards had avoided about $600,000 in payroll taxes, putting the 2004 vice presidential nominee on par with Newt Gingrich, the Republican presidential aspirant and former House speaker.
This was from the party that put Edwards on its national ticket and the caucus that counted Edwards as a member.
Edwards has been on trial in North Carolina, fighting charges that secret payments to his then-mistress amounted to illegal campaign contributions.