Deal disclosure again faces questions

New questions arise on candidates payment of taxes

ATLANTA - When Republican gubernatorial candidate Nathan Deal amended his campaign disclosure form last week, he added some business properties to his asset column and increased the value of another property - boosting his net worth.

Nathan Deal  File
File
Nathan Deal

Now, questions are being raised about whether the correct property values were used.

The head of the state Ethics Commission, Stacey Kalberman, said Monday that candidates are required to use the assessed value set by county tax officials. Deal's camp used a higher appraised value.

Last week, Deal listed his half ownership in a Metter, Ga.-based property owned by his Gainesville auto salvage business at $300,000, saying the entire 37.7-acre property in Candler County was worth $600,000. But local tax records show the overall property was valued by county officials as about $304,000.

Deal also listed his half ownership on business property in Gainesville as worth about $2.5 million, with the entire property worth just over $5 million. Again, local tax records value it as almost half. They show the total value for the three parcels of property which make up the salvage site is $1.2 million.

On Monday, Deal's campaign referred questions to Tifton, Ga.-based accountant, Jimmy Allen, who said he believes the higher values are correct.

"I'm going to stand by the way I filed the form at this point," Allen said.

Emil Runge, a spokesman for Deal's Democratic opponent Roy Barnes, said his candidate used the most recent local tax assessment to value his property on his disclosure.

The higher values have helped boost Deal's net worth, which is listed in the latest form at $2.8 million despite facing questions about his financial solvency.

Deal's campaign filed a revised form with state ethics officials on Thursday, the second time in a week they had changed the document which provides the public with a look at candidates' liabilities and assets. The Deal campaign acknowledged mistakes in the earlier versions and suggested that after 18 years of filing federal disclosures when Deal was a congressman they were not used to the state requirements.

Deal's finances have been under scrutiny for several weeks after word that he is facing a Feb. 1 deadline to repay a $2.3 million loan for a failed sporting goods venture launched by his daughter and son-in-law. He also failed to disclose $2.85 million in business loans on the initial form.

Allen has maintained Deal is solvent and is liquidating an IRA to help pay the debt.

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Taylor B
5
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Taylor B 09/27/10 - 10:18 pm
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0
LOL!

LOL!

Many Arrows
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Many Arrows 09/27/10 - 10:40 pm
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Adding assets still means the

Adding assets still means the disclosures were inaccurate and misleading.

If Georgia elects this miserable creep, we deserve what we get.

The time is come for those of us who DON'T vote the party line to get downright ugly with those who do, because they have dang near destroyed this nation with their ridiculous irresponsibility.

Quack Quack Quack
0
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Quack Quack Quack 09/28/10 - 12:09 am
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WOW!! This sounds like that

WOW!! This sounds like that "who's on first" skit. This guy has been in muddy water for some time now.

ruach
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ruach 09/28/10 - 07:53 am
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Time to try something

Time to try something different....how about voting conscience and principles....novel idea!! These people are supposed to represent us....dishonesty, corruption, lack of character, personal responsibility...sorry that doesn't represent me.

Taylor B
5
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Taylor B 09/28/10 - 07:58 am
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I'm voting for John Monds.

I'm voting for John Monds.

Ga Values
27
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Ga Values 09/28/10 - 08:24 am
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Deal bought a "Cabin" for

Deal bought a "Cabin" for $600,000 in 2008, he listed the value as $996,000. Deal just won't tell the truth about being bankrupt. I'm voting Monds.

ispy4u
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ispy4u 09/28/10 - 08:37 am
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He can always throw a Tea

He can always throw a Tea Party, to help raise funds, to pay off any debts.

Chillen
17
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Chillen 09/28/10 - 09:02 am
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ispy4u. Cute, but the tea

ispy4u. Cute, but the tea party didn't endorse Deal. Nice try.

Little Lamb
45867
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Little Lamb 09/28/10 - 09:06 am
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0
If he loses the election, he

If he loses the election, he will declare bankruptcy. If he wins the election, lobbyists will bail him out. It's a pretty good strategy, if you ask me.

Ushouldnthave
0
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Ushouldnthave 09/28/10 - 10:13 am
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Deal's campaign paid Deal's

Deal's campaign paid Deal's company (North Georgia Aviation) $135,000 for air travel expenses? That's enough corruption to send me in another direction in November.
http://www.ajc.com/news/georgia-politics-elections/campaign-paid-135k-to...

Many Arrows
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Many Arrows 09/28/10 - 02:27 pm
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Chillen, Deal spoke at what

Chillen,

Deal spoke at what was labeled the first Augusta tea party event last fall.

Let us say that every crooked GOPer and his brother are stamping themselves with the Tea Party label, but we need to route them OUT.

wafflehead
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wafflehead 09/29/10 - 09:48 am
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Both candidates are the

Both candidates are the result of the restricted political party system we have here in the U.S. There is very little difference between the two parties on a state or national level. All you have to do is look at the past 4 administrations and see how close their policies are. Don't look at the platforms, look at their actions. Raising taxes, deficit spending and a muddled foreign affair policy summarizes both parties. I vote libertarian for every office I get a chance. We also need other parties such as the Green party to make our government more responsive

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