Tag: IRS

UNCONFIRMED REPORT: Marla Maples may have released Donald Trump’s 1995 tax return

AUTHOR’S NOTE: The following blog post includes a description of a female individual as an “actor”. The word “actor” is used in a gender-neutral context on this website, although most people use the term “actress” to describe a female actor.


In 2016, the 1990’s have officially come full circle thanks to a recent New York Times report on Donald Trump’s 1995 tax returns.

Trump declared a nearly $916 million loss on his 1995 tax returns. In the mid-1990’s, Trump’s business record included the failure of Trump Airlines and the mismanagement of three Atlantic City, New Jersey casinos. The kind of loss that Trump declared was a net operating loss, and it could have legally allowed Trump to pay zero income taxes from three years prior to the declaration of the loss (1992) to 15 years after the declaration of the loss (2010). In that time frame, Trump earned tens of thousands of dollars per episode of The Apprentice that he hosted, and he also earned roughly $45 million for being the top executive of a publicly-traded company created by Trump to assume ownership of his Atlantic City properties. It’s also worth noting that ordinary investors in Trump’s publicly-traded company had the value of their shares decline to a measly 17¢ from $35.50, many contractors were not paid for work on Trump’s properties, and casino bondholders lost money.

However, as fellow progressive blogger Chris “Capper” Liebenthal likes to say, there’s more…there’s always more!

Jon Lovett, who lists himself as a presidential speechwriter on his Twitter page, has claimed that actor and television personality Marla Maples, who was Trump’s wife at the time the tax return was filed (Trump and Maples divorced in 1999), released Trump’s tax returns:

While this is an unconfirmed report, what is an indisputable fact is that the tax return was a tax return jointly filed by Trump and Maples as a married couple, something that federal law and IRS rules have long permitted. It is possible, but not confirmed, that Maples may have released the tax return to the public.

Advertisement

Republican presidential candidate Rick Santorum wants to make income inequality even worse

Former U.S. Senator Rick Santorum (R-PA) announced yet another bid for the Republican presidential nomination earlier today. This time, he’s trying to appeal to working-class voters, saying that “working families don’t need another president tied to big government or big money”.

However, Rick Santorum is not a real champion of the working class.

For starters, Santorum has a long history of taking far-right positions and making offensive remarks on various issues, especially on social issues like abortion and marriage equality. For example, Santorum has staunchly opposed marriage equality, going as far as to claim that legalizing same-sex marriage would lead to people marrying dogs, which is absolutely false and absurd. On LGBT rights in general, Santorum has claimed that the Boy Scouts allowing openly gay people to join the Scouts would “murder” the organization, another absolutely false and absurd claim. On abortion and reproductive rights, Santorum has staunchly opposed the idea that women should be able to make their own decisions about their reproductive health, going as far as to say that survivors of rape who get pregnant via rape should “accept what God has given”, effectively saying that he thinks that women should be forced to carry an unwanted fetus to term.

When it comes to economic issues, Santorum’s “appeal” to working-class Americans is phonier than a $3 bill. For starters, Santorum supports eliminating the Internal Revenue Service (IRS) and instituting a flat federal income tax rate. I have two things to say about this ridiculous idea. First, a flat income tax would make income inequality, already a serious problem in this country, even worse, because the wealthiest Americans would receive most, if not all, of the tax cuts from a flat income tax. Second, who the hell would be responsible for collecting taxes if the IRS were eliminated?

Rick Santorum is a phony and a far-right crackpot who would make an absolutely horrible president.

Wisconsin Democratic chairperson candidate Jason Rae employed by firm founded by individual that provided money to Koch-funded organizations

AUTHOR’S NOTE: I have made edits to the blog post and title to accurately reflect Nation Consulting founder Thad Nation’s use of a 501(c)(4) organization to give money to right-wing organizations and Democratic Party of Wisconsin Chairperson candidate Jason Rae’s employment by Nation Consulting.

I’ve found information that proves that Thad Nation, Wisconsin Democratic chairperson candidate Jason Rae’s boss at Nation Consulting, has provided money to at least seven right-wing organizations, including at least four that are funded either directly or indirectly by the Koch Brothers. Nation himself was listed in a 2012 IRS 990 filing as the principal officer of Coalition for the New Economy (CftNE), a 501(c)4 organization that opposes government-run broadband internet services in areas where private-sector firms currently provide broadband internet service. CftNE has also given money to at least several right-wing political groups that have actively opposed Democratic and liberal political candidates, have actively supported Republican and conservative political candidates, and/or have advocated for far-right policies that would have a negative impact on America. Here’s the organizations that CftNE has given money to, according to page 17 of the 2012 IRS filing by that organization:

  • $15,000 for “general support” to the National Taxpayers Union (NTU), a right-wing anti-tax organization that has, among other things, effectively supported allowing the U.S. federal government to default on the national debt. NTU has received a total of $32,500 from the Koch Family Foundations from 1998 to 2008, including $5,000 from Charles Koch’s own foundation in 2008.
  • $5,000 for “general support” to the Center for Individual Freedom (CIF), a right-wing organization that spent $1.9 million in television advertising in an attempt to help Republicans win U.S. House races that were seriously contested by both major parties in the 2012 elections. CIF spent a slightly larger amount of money on a similar effort in the 2010 elections.
  • $5,000 for “general support” to Americans for Prosperity (AfP), a far-right political organization founded by the Koch Brothers themselves. In Wisconsin, AfP spent $866,000 in ads designed to help Scott Walker win the 2014 Wisconsin gubernatorial race and approximately $2.9 million in ads in opposition to the 2012 recall effort against Walker that was strongly supported by Wisconsin progressives.
  • $10,000 for “general support” to FreedomWorks, a far-right organization that has, among other things, ran several anti-union campaigns in states like Michigan, Ohio, and Pennsylvania and supported far-right extremist Chris McDaniel, who, among other things, blamed rap music for many of our country’s problems, in his unsuccessful 2014 Republican primary challenge to U.S. Senator Thad Cochran of Mississippi.
  • $5,000 for “general support” to Institute for Policy Innovation (IPI), a right-wing organization that was founded by former House Majority Leader Dick Armey (R-TX) and, among other things, opposes taxation and supports privatizing Social Security. IPI has received $35,000 from the Claude R. Lambe Charitable Foundation, which is identified by the Center for Media and Democracy’s SourceWatch as one of the four Koch Family Foundations. IPI is the only one of the organizations listed in the CftNE filing that is a 501(c)(3) organization; all of the others are listed as 501(c)(4) organizations.
  • $15,000 for “general support” to the Taxpayers Protection Alliance (TPA), a right-wing organization that has, among other things, attacked the federal government over the proposed merger between Comcast and Time Warner Cable, two of the largest cable television providers in the country.
  • $14,740 for “general support” to the 60 Plus Association (60 Plus), a right-wing organization funded by Koch Brothers-funded organizations like Freedom Parners and American Encore as part of a complex web of Koch Brothers-funded organizations. In Wisconsin, 60 Plus ran this advertisement attacking now-Democratic U.S. Senator Tammy Baldwin for supporting the Affordable Care Act (ACA), federal legislation that provided millions of Americans with health insurance.

That’s a total of $69,740 that Thad Nation has, through CftNE, provided to right-wing organizations that have supported Republicans like Scott Walker, ran smear campaigns against Democrats like Tammy Baldwin, and have supported far-right policies that would make America a much worse place to live. Thad Nation is also the same person who employs Jason Rae as a senior associate at Nation Consulting, and Rae is running for Chairperson of the Democratic Party of Wisconsin. If Rae is elected DPW Chair, it would be at least an apparent conflict of interest for someone like Rae to be the head of a state-level Democratic organization if he were to remain employed at Nation Consulting, because the founder of that organization was the head of a 501(c)(4) organization that gave money to groups that support Republicans and their destructive far-right agenda.

Let me finish this post by saying two things about Rae and his supporters. One, Rae’s supporters are some of the most vile people I’ve ever interacted with online. Two, Rae completely lacks the temperament to be in a Democratic Party leadership position of any kind.

Republican Nevada Assembly Majority Leader-designate Michele Fiore has had over a million dollars in federal tax liens filed against her

Michele Fiore, a Republican member of the Nevada State Assembly from Las Vegas who will become the majority leader (#2 Republican) of the state assembly once Republicans officially assume the majority in that chamber, has had over a million dollars in federal tax liens filed against her and her business:

Michele Fiore, the newly crowned Assembly majority leader-to-be, has had more than $1 million in federal tax liens filed against her and her business during the last decade, some as recently as this summer.

The liens […] were filed in Nevada and Colorado, and include nearly $350,000 in liability for taxes she withheld from employee wages during the last six years. Fiore’s company, Always There Personal Care of Nevada, has had nearly $700,000 in liens filed against it during the last decade, some of which (nearly $200,000) have been released.

Fiore also has had personal income tax liens totalling (sic) $58,000, which she tried to turn to her advantage when one lien was discovered by the Nevada News Bureau’s Elizabeth Crum during the assemblywoman’s disastrous 2010 run for Congress, by asserting, “My case is a perfect example of an over-reaching government using its power and bureaucracy to intimidate its citizens.”

Tax liens are usually not government overreach. They are a legally valid method used by tax collecting agencies to collect back taxes. Given how systemic Fiore’s refusal to pay taxes has been, I’m all but certain that the Internal Revenue Service (IRS) has a valid reason to be filing tax liens against Fiore.

Nevadans simply cannot trust Michele Fiore and her Republican allies to manage Nevada’s finances (the Nevada Legislature is responsible for, among other things, passing a state budget) when Fiore can’t manage her own personal finances.