Reports Indicate Bernie Sanders Is a Millionaire With Three Homes..... update

[Iamaartist]

http://bluenationreview.com/reports-indicate-bernie-sanders-is-a-millionaire-with-three-homes/


It is highly unlikely there’s anything newsworthy or untoward in Bernie’s unreleased tax returns — which is what makes his evasiveness baffling. Perhaps it’s something much simpler: Bernie and Jane Sanders are millionaires. At least that’s what Money magazine seems to think. So what happens to Bernie’s campaign if he is a millionaire?

If voters had a dime for every time Bernie Sanders railed against millionaires and billionaires, they’d be millionaires.

So perhaps it’s time for Bernie and his campaign to put the Wall Street hit against Hillary to rest. After all, Bernie — arguably a millionaire himself — believes it’s a personal attack:

The Reports Indicates ......so they say...

[rgbecker]

1. Releasing tax returns won't tell anyone about net worth.

You have got to go to the Bahamas to find that out.

[George II]

13. Releasing his tax returns will show how much he paid in real estate taxes....

...and on how many properties.

We could, if interested (I'm not) even extrapolate those property taxes to determine the assessed value of those properties and exactly what his "net worth" is.

I still don't understand how a person who has earned close to $5M since he's been in Congress (with nice benefits) and a professional woman who earned over $100K or more a year for a number of years can have a net worth of only $800K.

[Iamaartist]

16. State tax cant hide it ....

I know in our state you have to put on your state tax returns , the state equivalent of your homestead value it gets recorded ......cant hide it.... but he is how ?????

[George II]

20. On Schedule A one enters requested deductions, which include state tax paid the previous....

...year and property taxes. This is the Federal Schedule A.

If he releases his full return, including Schedule A, that will include the property taxes that he paid. Unless of course they don't include those this year (i.e., tax the tax hit for the sake of the campaign), but previous years' returns prior to becoming a national candidate, will show them.

[TalkingDog]

17. Um... that's all public records. Anybody can access them on the internets.

for instance: NC Public Tax Record Search

http://publicrecords.onlinesearches.com/North-Carolina-Assessor-and-Property-Tax-Records.htm

Have fun.

[George II]

22. Yes, it's public record in CT too. But one has to know a little bit about what that property...

...might be - town, address, etc. Otherwise it's virtually impossible to find.

[rgbecker]

37. O great, Schedule A will tell you about RE Taxes....

Next try to find how much his investments are worth or his retirement plan from his 1040. You guys are unbelievable.

And I guess we all know that different towns/states/counties have different RE tax rates. Or do we?

Mr. Accountant?

[KittyWampus]

2. I want to know why he gets such insanely high deductions

I think $50,000.

[CalvinballPro]

12. ^^This.

His deductions reduced his taxable income by 25%! That's an abnormal amount for a member of Congress, and very suspicious without the Schedule A showing the details.

I am an accountant and I know that he has not released his "full" return.

[2naSalit]

3. I suspect

that whether they are millionaires or not, as long as they are not using their money to oppress the rest of us, like so many are, is of little concern. It's not that they have that money as long as it came in ethical fashion and put to use in an ethical fashion.

[Yo_Mama_Been_Loggin]

5. Most of us don't care so much whether he has money or not

It's his hypocrisy of calling out everyone else who does whether they made it ethically or not.

[pandr32]

23. Exactly!

[BlueMTexpat]

26. This hits the nail right on

the head, IMO!

[livetohike]

27. That's right. Mr. Purity is more like, "Do as I say, not as I do." He will say it is no one's

business and his tax preparer is helping cover their story of such a simple life in the backwoods of Vermont. B.S.

[jmowreader]

38. "His tax preparer"?

You know that, like millions of other Americans, Bernie and Jane Sanders do their own taxes. I do mine too, and I don't see anything wrong with them doing that.

But here's the thing: He's using the classic "my dogs ate my homework" excuse to avoid pulling out his returns. Since he and his wife are the "dogs" here, that ultimately won't fly - and it shouldn't be flying now.

Back in the 1960s there was some hippie guru who told all his young followers, "never trust anyone over 30." He was 32 when he said it. Are we seeing this sentiment redux in Bernie's "never trust the rich" thing? If he turns out to BE one of the rich - and as simply as he is claimed to live, he should have a nice little estate set aside - we are.

[LisaM]

29. That's just it.

He seems to want to re-work everyone else's expectations while he is on track for a very comfortable retirement. I have worked really hard since I was 20 and it's my biggest concern.

[DesertRat]

39. Exactly!

[Iamaartist]

4. The article..... said ( IF ) he is a millionaire?

[LisaM]

6. I still think it may have something to do with Jane.

Either their taxes are a mess, or maybe she got a golden parachute when she ( as the media has reported) "quietly resigned" from the college where she'd been President.

[Iamaartist]

7. Also could be that..not sure....

[Thinkingabout]

8. It would be simple to release the tax returns, a serious candidate for president would do this.

It may just have a lot to do with his net worth rising from $350,000 when he first started talking about running for president to $800,000 in a year in which he earns $175,000 per year, there has to be more than the prior to him releasing the two different amounts or incorrect information has been given, lying by omission.

[Iamaartist]

10. Very well said my beliefs also.....

He is hiding it for a reason ,doesn't what the public to know the truth about him.

[apcalc]

9. A bit curious

[BlueCaliDem]

11. What happens to Sanders campaign if his tax returns show he's a millionaire? He loses credibility as

a working class political rebel and he becomes the very millionaire he's been railing against. Sanders needs a heckuva lot more vetting and it's long past due for that. He should get the same vetting Hillary Clinton's been subject to, but to date, he's only been skimmed over.

Then again, if the press vetted him as they'd vetted Hillary Clinton, there'd be nothing left of him. Good thing for the Democratic Party, Democrats (elected and not elected), and the country, but bad for viewer ratings, the GOP, and other miscellaneous Republicans. Can't have that in the United States, can we?

[Iamaartist]

14. Very well said thank-you for that'''''

[BlueCaliDem]

15. You're welcome, artist. :-) eom

[misterhighwasted]

31. Exactly. There goes his whole platform

[BlueCaliDem]

41. And his "brand". BOOM.

[KitSileya]

18. I really doubt that's true.

It just doesn't sound likely. If he has a home in Vermont, maybe a cabin as well, and then rent a place in D.C., that would make three homes, but not really. That he is a millionaire? It might be likely that he saved up enough to technically call himself a millionaire, but again, I doubt it. There's something else they don't want us to see, and I don't think it's something hugely nefarious, but rather something embarrassing, like some Wall Street investments, or a deductible they don't want us to see.

[Iamaartist]

19. That could be to.....?

[Walk away]

24. I believe you are correct except that it's likely that his net worth is over a million...

That's not unusual for an upper middle class couple near retirement age in the North East.

I am guessing it's something about what he has done (fraudulent deductions?) or hasn't done (no charitable contributions?) that makes him want to bury his tax past.

[Iamaartist]

33. I smell a skunk...lol

I can almost be sure of that.....

[spooky3]

30. According to a prior post here (sorry, don't have a link) they OWN a condo in DC.

They aren't renting there. That would have been a savvy move, if he bought long ago, given that he planned to be in DC a long time.

What it would mean now, is that the condo is likely worth AT LEAST a half million (if it is near Capitol Hill), and real estate taxes would likely be around 1% of the current value, per year. That would account for a chunk of his itemized deductions. And if he has a small mortgage still, there would be some mortgage interest. Both of these would be reported on Schedule A.

Or, if they are now leasing it to a tenant, they would deduct expenses on Schedule E, against rental income, rather than take the deduction on Schedule A (personal deductions).

[Walk away]

21. Poor Bernie! He has lost the nomination, he's an Oligarch and he is married to a woman who....

can't keep his paper work straight! His life sucks more every day!

[misterhighwasted]

32. Haaha Well damn that sucks!

Explains why they sent Jane out to the Newz to (ahem) clean up the Tax coverup.

[Iamaartist]

34. OMG Poor Bernie!! LOL

[Iamaartist]

36. Tea Party

Maybe he'll have to pay back the tea party,that wanted him to win the election so badly so the GOP can control the White House he better sell those homes for $$$ lol

[Stand and Fight]

25. I believe he is a millionaire and the hints are in his victory speech from 4/5.

I noted on Twitter that during his victory speech last Tuesday, he talked ONLY of a "billionaire's club", rather than a "millionaire's club". I believe this is because the tax issue began to gain traction beforehand. Given the 140 character limit on Twitter, I don't think anyone caught my drift.

[Iamaartist]

28. .Of course he is a millonaire how can they not see that ??

[stopbush]

35. The only thing wrong with Sanders being a millionaire is the hypocrisy.

Honestly, I don't know why he's concerned about that bit of hypocrisy when he's already being an overt hypocrite on his promise not to run a negative campaign.

[livetohike]

40. As a member of Congress, Sanders has made well over $100,000 per year

since he was a Freshman. Not sure what his wife's salary was in each of those years, but if they aren't millionaires they must be poor at investing.

https://en.m.wikipedia.org/wiki/Salaries_of_members_of_the_United_States_Congress