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Beshear Releases Financial Information Heading Into Fall Campaign

FRANKFORT, Ky. (AP) - Democratic gubernatorial nominee Steve
Beshear reported income of more than $3.7 million last year,
according to financial documents released by his campaign on
Thursday.
Beshear, a Lexington attorney and former lieutenant governor,
reported that the bulk of his income came from a capital gain of
about $3.1 million, according to a copy of his 2006 federal income
tax return. Beshear's federal tax bill last year was more than
$569,000.
"I am releasing this financial information because the public
deserves to know whether a candidate for governor has any financial
interest or source of income which might create a perceived or
actual conflict of interest with his duties as governor," Beshear
said in a statement.
Beshear is challenging Republican Gov. Ernie Fletcher in the
Nov. 6 general election. Fletcher, whose first term was marred by a
state hiring investigation, is seeking re-election.
Kentucky is one of three states in the country holding a
governor's race this year.
Beshear said Fletcher should make public the names of
contributors to his legal defense fund. Fletcher has said he would
not release the names of those donors until Attorney General Greg
Stumbo, whose office led the hiring investigation, leaves office.
State Sen. Daniel Mongiardo, Beshear's running mate, would also
release his financial records to the public, according to a
statement.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


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