From Deseret News archives:
Heinz funds flowing to GOP
Members of the board of the Fortune 500 company and its corporate political action committee have donated thousands of dollars to Republicans in recent years, including contributions to the Bush campaign. The corporate PAC has given nothing to Kerry.
The Republicans are accepting the cash even as they criticize the Pittsburgh-based company's job cuts and overseas moves part of an effort to taint the presumptive Democratic nominee with the conglomerate's business practices.
While Teresa Heinz Kerry gained much of her $500 million portfolio through her Heinz inheritance, she does not serve on the board and is not involved with the management of the company. Even her late husband, Sen. H. John Heinz III, R-Pa., did not serve on the board.
No Heinz family member has been employed by the company or served on its board since H.J. "Jack" Heinz II, its chairman, died in 1987.
During the campaign, Kerry has criticized companies that move jobs overseas or shift their tax status abroad to avoid federal taxes, calling them "Benedict Arnold" businesses. He has faulted the Bush administration for embracing a tax policy that rewards them.
Republicans, in response, have pointed to the Kerrys' ties to Heinz, calling the four-term Massachusetts senator a hypocrite for slamming policies that have poured millions into his wife's bank account.
Stuck in what it fears is a food fight is the Heinz Co., which is trying desperately to keep the campaign out of its ketchup sales. In the last few months, the company which gets about 5,000 phone calls a month has fielded 800 calls from consumers with questions or complaints about the company's connections to Kerry, his wife and the campaign, said spokeswoman Debbie Foster.
Comments
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