Monday, March 02, 2009

Gaming the System Dem Style

On second thought, maybe our President Barack Obama is targeting his new Trade nominee's charitable deductions:

Kirk routinely gave any speaking fees he earned to Austin College, the committee said, and did not list them on his tax returns.

Instead, the committee said he should have listed the fees as income, then claimed them as charitable donations. The estimated effect was to reduce Kirk’s tax bill by an estimated $5,800, according to the report.

Kirk also deducted more than $17,000 as entertainment expenses for the cost of Mavericks’ tickets. The committee said he substantiated about $9,900 of that amount, and will owe about $2,600 in taxes on the balance.

Entertainment expenses? What would Uncle Barney have to say about that?

P.S. Will we have government-owned basketball teams? Will everyone have to be the same height to level the playing field so to speak. Will we have to let our president win every game?

P.P.S. RedState asks the question no one else dares ask, "Is Obama Vetting to Ensure He Picks People who Do Not Pay Taxes?"

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