Lemmy.org - Politics

9 readers

5 users here now

founded 1 year ago

Exclusive: Republican hits Clarence Thomas with. lawsuit over his taxes (www.newsweek.com)

submitted 11 months ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] RestrictedAccount 17 points 11 months ago

"Under Section 108 of the Internal Revenue Code, he would have had a legal obligation to report [the loan] as taxable income and the tax alone would have been, probably $40,000 or $50,000. That's a third of his annual salary," Castro said on Friday. "And that's when I was like, 'There's no way he reported that because that'd be financially disastrous for

permalink
fedilink
source