Tax attorneys raise lingering questions about Palin tax returns (Tax evasion??)

[Bluebear]

October 6, 2008, 3:19 pm

Now that tax attorneys have had a chance to review Gov. Sarah Palin’s tax returns, which were released late last week, a new round of questions are being raised on tax-related websites.

One big issue that tax attorneys are pointing to is the fact that the Palins did not report as income the $43,490 that the state gave the family to cover travel expenses for Mr. Palin and the Palin children. Had the Palins reported these payments as income, the couple would have had to pay taxes on it.

These tax attorneys note that neither Mr. Palin nor the children were employees of the state. Nor were they traveling on behalf of the state. There was some discussion that perhaps some portion of Mr. Palin’s travel expenses might be excludable as income if there was a bona-fide business reason for his presence and if he assisted Mrs. Palin in her official duties.

But there was also uniform agreement that it would be hard to make a case for the not reporting the payments to the children as income.


http://thecaucus.blogs.nytimes.com/2008/10/06/questions-linger-about-palin-taxes/

[BR_Parkway]

1. Could we solve 90% of Republican's problems is if we just started calling

them something besides "taxes"? They have this pathological need to make sure they don't pay anything in taxes.

What if we called them GII's "government & infrastructure investments" and promised them they'd never pay "taxes" again in their lives....?

[texastoast]

2. Scammers

To the klinker for her.

[damntexdem]

3. But if she didn't take the children along, Bristol might have gotten herself in trouble.

Somehow or other.

;-)

[Bluebear]

4. :)

[OakCliffDem]

5. Kick

[MiniMe]

6. Tax evasion is what took Al Capone down

So why not Caribou Barbie?