Capitol View: July 9, 2010 Archive

Chaudhary has tax trouble

Posted at 9:51 AM on July 9, 2010 by Tim Pugmire (1 Comments)
Filed under: Campaign 2010, MN Legislature

State Sen. Satveer Chaudhary, DFL-Fridley, is still fighting party officials over their recent decision to strip his endorsement, and now he's also dealing with the IRS.

The Duluth News Tribune reports that Chaudhary and his wife owe the federal government about $250,000 in past-due income taxes.

Chaudhary has been taking political heat for his end-of-session efforts to pass new fishing regulations for a lake where he owns a cabin.

UPDATE

Chaudhary posted this response on his web site:

--The Duluth Tribune should have held their story until they had all the facts.

--After nearly two years of hostile gender and age discrimination, wrongful termination of my wife forced the exercise of stock options resulting in past and present tax liability.

--Dee has been the model of courage, but I'm concerned that more public innuendo and smears will further traumatize her.

--We have worked closely and diligently with the IRS, which has been very pleasant and understanding during an extremely devastating time. They have never taken an adverse action against us.

--After appropriate extensions were filed, past taxes, repayment schedule, and a lien were mutually agreed to only last month. Full repayment has already been in process for this month.

--We did the right thing to work closely with the IRS after a traumatic experience, and it's not fair for anyone to exploit it during an election year.

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