Dems hijack IRS hearing to ask about Trump’s taxes

[kpete]

Democrats are using a House hearing on whether IRS Commissioner John Koskinen should be impeached to raise questions about Donald Trump’s taxes.

Rep. Jerry Nadler (D-N.Y.) declared the hearing “an obvious sham” before asking Koskinen about Trump’s tax returns, which he has said he will not release publicly because he is under a federal audit.


“Is there anything that would prohibit someone from releasing their tax returns, if they want to, because they're under audit?” Nadler said, without mentioning Trump by name.

“No,” Koskinen responded.

“Can an individual use other people's money run through a charitable foundation to enrich themselves or satisfy his personal debts or obligations?” Nadler asked.

Koskinen answered that tax-exempt organizations cannot use their funds to benefit their own members.


MORE:
http://thehill.com/policy/finance/297021-dems-hijack-irs-hearing-to-ask-about-trumps-taxes

[Iliyah]

1. K & R

[LeftInTX]

2. Love it!!!

[kpete]

11. my personal favorite post of the day

I love it when Dems show spine!

peace,
kp

[patsimp]

3. trump should be in jail. lock him up.

[dixiegrrrrl]

4. .their questions contained some info. I was unaware of:

Nadler also made reference to Trump spending

$12,000 of his foundation's money to buy a football helmet signed by Tim Tebow,

$20,000 for a 6-foot portrait of himself,

$100,000 to cover a legal settlement

and $158,000 to settle a dispute with a charity golf tournament participant.

[Bradical79]

6. Understandable

He's so corrupt it's hard to keep track. For example, there's a 2nd portrait (a little smaller at 4') that was purchased for $10,000 I think.

[dixiegrrrrl]

10. Worse yet, the portrait..(s) I have seen are godawful.

No one with even average taste would think they were good. The hands esp. look like cartoon drawings.
I don't know if the artist is laughing over getting Trump to part with money for them, or if the artist, god forbid, thinks he is Rembrandt now.

[dsc]

12. one of them was done by a man in a hour

it was one of those gimmick artists, not sure about the other one.

[awoke_in_2003]

13. Well, look at the subject

GIGO- garbage in, garbage out

[gratuitous]

5. So, does that mean . . . ?

So, does that mean that Trump had to declare the foundation expenditures for his personal debts and obligations as ordinary income, subject to taxation? I wonder if the Foundation issued a 1099 to Mr. Trump? Did he declare the income? Hmmm.

[SHRED]

7. Lots of talk

Where's the action?

If you or I did this charitable organization scam we'd be in prison already.

[SleeplessinSoCal]

8. Been rewatching "Mad Men" on Netflix

It drips with Ayn Rand in the exposition of the practices of the executives and their treatment of their employees. Bert Cooper tells employees to read Ayn Rand. And then we observe his excusing of immoral behavior or questionable acts as demonstrating initiative.

Ayn Rand has seeped into our culture and particularly the GOP. It appears they can't be bothered with questionable illegal ways of making money. That is the point. Make money any way you can. Shows initiative.

It's the end of America's promise if Ayn Rand wins the day.

[sarcasmo]

9. Busted lying one more time.