Meet Ted Cruz's Tax-Dodging Sugar Daddy

[DonViejo]

Betsy Woodruff

Ted Cruz has a billionaire who wants to give him the world—but is it worth the baggage?

Hedge fund CEO Robert Mercer is all in for the conservative Texas Republican Ted Cruz, and the billionaire will have unusually substantial influence in how his contributions get spent.

But the billionaire also has some baggage—like, the avoiding billions in taxes kind of baggage.

His alleged failure to pay those taxes led to substantial congressional scrutiny in 2014—and it’s not clear the investigation is over.

This, and some of Mercer’s side projects, could present interesting challenges for Cruz’s campaign. Especially since Cruz has been a vocal opponent of those who “give favors to Wall Street” and engage in “crony capitalism.”

On the one hand, Mercer’s support is fantastic for Cruz for all the obvious reasons (having a billionaire in your corner is nice). On the other hand, Mercer’s hedge fund—Renaissance Technologies—recently faced an unflattering congressional investigation, the results of which indicated that it used complex and unorthodox financial structures to dramatically lower its tax burden.This drew scorching bipartisan criticism from investigators on the Senate Permanent Subcommittee on Investigations.

more
http://www.thedailybeast.com/articles/2015/04/10/meet-ted-cruz-s-tax-dodging-sugar-daddy.html

[Gothmog]

1. It takes only one super donor to keep a fringe candidate in the race

Carnival Cruz will be somewhat viable due to this super donor which will frustrate the RNC and the rest of the GOP donor class

[2naSalit]

2. They hate

us for our freedom and will spare no expense in their attempts to destroy us as a nation.