HYPOCRITE: Billionaire Progressive George Soros May Finally Participate in Shared Sacrifice and Pay His Outstanding $6.7 Billion Tax Bill
DON’T YOU LOVE IT WHEN PROGRESSIVE HYPOCRITES TELL YOU ABOUT YOUR SHARED SACRIFICE, BUT THEY DO JUST THE OPPOSITE …
Remember the cry from Warren Buffet in stop coddling of the super-rich? George Soros, the “Godfather of the Left” and the world’s 27th wealthiest person, has according to Breitbart, allegedly used tax deferral to prevent paying any taxes on $13.3 billion profit. However, according to an Irish regulatory filing by Soros, he will soon be enjoying the shared sacrifice of paying a 50 percent tax that will wipe-out a quarter of his net worth. This means that he will finally be paying his “fair share” and participate in what progressives say we must do, participate in “shared sacrifice”. Kind of makes you wonder why the IRS and their Hench-men harass the little people, but folks like Soros and his ilk walk scot-free.
Come on George, if its good for everyone else and you claim all must pay their fair share, how come you have tried to avoid paying yours?
No little people, I get to play by a different set of rules because they let me and I can
Congress closed a lucrative loophole in 2008 used by U.S. hedge fund managers to avoid paying income taxes for fees and profits. Congress gave these corporate elites until 2017 to pay accumulated taxes on all pre-2009 deferred income.
Warren Buffett in August 2011 called on the U.S. government to “stop coddling the super-rich.” Buffett pointed out he pays less of his income in taxes than his secretary does. He added that the rich should pay higher taxes for the sake of “shared sacrifice,” and suggested that most of his wealthy friends “wouldn’t mind being told to pay more.”
When the liberal website Salon launched the Patriotic Billionaire Challenge to ask the 400 richest Americans if they approved of “The Buffett Rule” to raise taxes, only Georges Soros and 6 of the other uber-wealthy responded positively.
But just before Congress had closed the “hedge fund loophole” in 2008, Soros transferred assets to Ireland—a country that was seen as a refuge from paying taxes under the new U.S. law. The recent Irish regulatory filings, according to Bloomberg show for the first time the “extent Soros’s almost $30 billion fortune—he ranks 23rd on the Bloomberg Billionaires Index—came from finding ways to delay taxes and reinvesting the money in his fund.”
As a New York-based money manager, Soros would be subject to a federal rate of 39.6 percent; combined state and city levies totaling 12 percent; and an additional 3.8 percent tax on investment income to pay for Obamacare, according to Andrew Needham, a tax partner at the law firm of Cravath, Swaine & Moore.
When has the government and the IRS allowed “We the People” to wait 10 years to may back taxes owed?
George Soros, a self-made billionaire investor who has made calls in the past for higher taxes on wealthy Americans, may soon be getting his wish. According to Bloomberg, years of deferred income could leave him owing $6.7 billion in taxes.
It appears that Soros has put to use a loophole that has allowed him to defer taxes on fees paid by his clients and reinvest them in his fund. Irish regulatory filings reveal that the investor, through his firm Soros Fund Management, has amassed $13.3 billion using this mechanism.
How? In 2008, George W. Bush signed U.S. legislation closing a loophole that allowed hedge fund managers to set up parallel offshore funds as a way to defer taxes. The Congressional Joint Committee on Taxation estimated in 2008 that the new rules would generate roughly $25 billion in revenue, including $8 billion in 2017 — the deadline for managers to pay accumulated taxes.
Just before all of this took place, Soros incorporated a new company in Ireland called Quantum Endowment Ireland. His Quantum Endowment transferred delayed fees and certain other assets to the new company.
Quantum Endowment Ireland is subject to a 25% corporate tax, in theory; however, its status as an Irish Section 110 company allows it to issue profit participation note and pay out earnings as distributions to note holders. In other words, it hasn’t had to pay much.
Fox News Reporter Leland Vittert Confronts Baltimore Mayor Stephanie Rawlings-Blake as Al Sharpton Prevents Freedom of Speech
I KNOW HE WORKS FOR MSNBC, BUT ISN’T AL SHARPTON A MEMBER OF THE MEDIA … WHAT’S UP WITH THIS PREVENTING THE MEDIA FROM TALKING TO A PUBLIC OFFICIAL?
Baltimore Mayor Stephanie Rawlings-Blake owes everyone an explanation as to her disastrous handling of the Baltimore riots. However, AL Sharpton does not seem to think so. Instead, he is protecting her backside. Talk about hypocrisy and double standard. Watch the video below and see Al Sharpton, a member of the MSM who receives a paycheck from MSNBC, actually prevents a member of the media from asking questions of Baltimore Mayor Stephanie Rawlings-Blake. the so-called Reverand Al Sharpton is running cover and playing body guard to embattled Mayor Stephanie Rawlings-Blake. HUH? Fox News reporter Leland Vittert is shoved out of the way as he tried to do what the media’s job is to do and that bis ask public officials questions and hold them accountable to the people. The Fox News reporter tried to get clarification from the Baltimore Mayor as to whether she gave the police the order to stand down and “Let Them Loot, It’s Only Property”.
Make up your mind Al, either you are a civil rights activist or a member of the media, you can’t be both. As for MSNBC, there should be no question, he should be let go immediately as t is obvious that Sharpton has no objectivity and does not even pretend to.
Who thinks Al Sharpton would be treating a white Mayor this way of a city where a black man was killed in police custody?
Fox News reporter Leland Vittert was shoved out of the way when he confronted Baltimore Mayor Stephanie Rawlings-Blake as she was walking with Al Sharpton on Thursday.
The reporter received no answers to his questions about the report or riots.
“We can’t we ask questions?” Vittert asked. “We can’t ask questions of a public official?”
As Rawlings-Blake walked silently, Sharpton is seen on video telling Vittert that he will “have the opportunity” to ask questions at an upcoming press conference.
Vittert is later literally shoved out of the way and the tense confrontation ended shortly after.
Hillary Clinton’s Scooby Van Clocked at 92 MPH in New Hampshire in a Driving Rainstorm on Interstate 89
LIKE SAMMY HAGAR, HILLARY CLINTON CAN’T DRIVE 55 …
Yup, she is one of us … first Hillary Clinton’s Scooby van is caught parking in a handicap spot in Iowa, now it is reported that the Mystery Machine was clocked at doing 92 mph in New Hampshire on Interstate 89 in a driving rainstorm as she was being rushed to meet
the little people one Granite state political big-wig to the next. REALLY? Having driven that highway hundreds of times and being pulled over by New Hampshire’s finest for going a much less speed, I think I might have to retroactively contest that ticket. I wonder if the Scooby van had its lights on in the inclement weather, that also would be a ticketable offense. Maybe for their next act the Scooby van will perform a hit and run.
Hmm, what happened to Hillary meeting and being the champion on the commoners?
- Motorcade raced from Keene to Claremont to Concord, obliterating speed limits as Hillary kept a tight schedule of off-the-books events
- Claremont party at the home of an aide to Democratic Sen. Jeanne Shaheen included messaging about income inequality, despite Clinton’s own wealth
- Event was reportedly scheduled to test the waters for a Shaheen endorsement for Clinton
- Evening dinner party was at the sprawling home of the former New Hampshire state Senate president, Sylvia Larsen
Democratic Presidential front-runner Hillary Clinton’s security detail led a handful of journalists on two lengthy high-speed chases to homes of influential Democrats on Monday.
Her lone official appearance on her first day in New Hampshire was a carefully stage-managed small-business roundtable in Keene.
But a lunchtime visit to a main-street bakery and two more appointments later in the day were off-the-books and under the public’s radar.
If police radar had been engaged, however, it would have clocked Hillary’s signature black conversion van – ‘Scooby’, for the uninitiated – hitting 92 mph in a driving rainstorm on Interstate 89, where the top speed limit is 65.
After Clinton emerged from Whitney Brothers, a children’s furniture manufacturer, her black Chevy conversion van raced an hour north to the town of Claremont, hitting 73 in a 55 mph zone.
Hillary Clinton, in Her Own Words from Benghazi-gate to Dems Defending Obamacare to Flip-Flop on Gay Marriage to Poor Clinton’s to Foreign Policy Empathizing with One’s Enemies to Email Scandal
Hillary Clinton, in Her Own Words …
America, all you have to do is listen to what Hillary has done in the past to know what she will be like as a president. Hillary Clinton is synonymous with scandal, there is no getting around it, even if the Hillary anti-free speech police try and prevent people from speaking the truth. Hillary launched the worst kept secret of 2015 this weekend and officially announced her run for president in 2016.
We certainly know that she won’t be claiming she will have the most transparent administration ever. Then again, she claims to be for the common folk and that is not true either.
The VIDEO shows clips from just some of the recent Hillary scandals as well as her opinions on foreign policy:
- Democrats Defending Obamacare
- Flip-Flop on Gay Marriage
- Hillary crying Poor
- Empathizing with One’s Enemies – Really, we are supposed to empathize and respect terrorist groups like ISIS, al-Qaeda, Boko Haram and the rest?
- Email/Server Scandal – Hmm, even Richard Nixon didn’t destroy the tapes … remember what she said about GWB admin shredding docs?
Folks claims they want something new, if that is the case, how is Hillary Clinton even a consideration?
Hillary Clinton Officially Announces Her 2016 Presidential Run … Because Everyday Americans Need a Democrat Champion Who Makes Between $5.2 and $25.5 Million
HILLARY CLINTON OFFICIALLY ANNOUNCES THAT SHE IS RUNNING FOR PRESIDENT IN 2016 …
How comical, today Hillary Clinton officially announced that she was running for president in 2016 claiming and that everyday Americans need a champion because the deck is still stacked in favor of those at the top. Um, you mean stacked in favor of people like you Hillary? Are you kidding me that an individual who makes $225,000 per speech is going to claim that she is one of the people and run a populist, REALLY? Who is the Democrat party kidding? Talk about your hypocrisy. So all you Democrats think Hillary Clinton is the champion of the middle class, eh? Drink some more Kool-aid. Sorry folks, but if Hillary was a Republican you would be calling her one of the out of touch and privileged one percenters.
‘I’m running for president,’ she says.
‘Everyday Americans need a champion, and I want to be that champion.’
That message is a daring one, given Clinton’s wealth. When she left the U.S. State Department in 2013, her financial disclosure report showed that her combined net worth with her husband was between $5.2 and $25.5 million. Millions more rolled in when she published her memoirs.
She famously claimed last year that she and former president Bill Clinton were ‘dead broke’ when they left the White House in 2001 – when they moved into a palatial home in a tree-lined New York City suburb.
Former Secretary of State Hillary Clinton ended the suspense on Sunday afternoon, announcing that she will seek the White House in 2016.
“I’m running for president,” said Clinton, a Democrat who would become the nation’s first female commander-in-chief, in a Web video.
“Americans have fought their way back from tough economic times, but the deck is still stacked in favor of those at the top,” she continued. “Everyday Americans need a champion, and I want to be that champion. You can do more than just get by. You can get ahead, and stay ahead. Because when families are strong, America is strong.”
Clinton said she is “hitting the road to earn your vote” and her first stops will be in Iowa, the state where she came in third in the caucuses in 2008. She’ll then head to New Hampshire and South Carolina.
Clinton plans to spend the next six to eight weeks in a “ramp up” phase, reaching out to voters in early voting states and building up grassroots support nationwide, her campaign said. In May, once supporters are organized and able to host watch parties, Clinton “will hold her first rally and deliver the speech to kick off her campaign.”
While Clinton was the center of attention on Sunday, her team made conscious efforts to put voters and key supporters first. The web video runs more than 90 seconds before Clinton makes her first appearance. The video was filmed across the country, including in Iowa and New Hampshire, and features a diverse mix of Americans, including a young mother, a college student, Spanish-speakers, and male and female same-sex couples.
Don’t let anyone kid you America, it’s always about the Clinton’s.
In striking contrast to her 2008 presidential bid, Clinton’s campaign took great effort to take the focus off her. In her two-minute announcement video, Clinton doesn’t even appear until the 1:35 mark.
Instead, the video captured messages central to her campaign by featuring regular Americans starting new phases of life: a mother going back to work after years spent raising her kids; a young woman applying for her first job after college; two Spanish-speaking brothers starting their own business together; two men getting married.
The announcement marks an end to the first, awkward phase of Clinton’s roll-out — a non-campaign that has frustrated Democrats who were anxious for her to turn the ignition switch on a presidential run that the party is deeply invested in.
Black UK Basketball Player Andrew Harrison Says Racial Slur to White Wisconsin Player Frank Kaminsky after Kentucky’s Loss to Wisconsin … “F*CK that N*GGA” (Unedited VIDEO)
DOUBLE STANDARD … YA THINK!!!
If you missed the press conference following the University of Kentucky’s loss to Wisconsin in the NCAA Final Four semi’s Saturday night, you most likely then missed one of the greatest double standard ow well’s ever in sports. Especially in today’s PC sports where people’s words are used against them to label them racists. Watch the VIDEO below and you will hear UK’s Andrew Harrison say under his breath, caught on a hot mic, when a question is asked about how difficult it is to stop Wisconsin’s Frank Kaminsky. Andrew Harrison mutters a racial slur saying, “F*ck that Ni**a”. But it is OK, cuz Harrison is black and Kaminsky is white.
What do we think the reaction would have been if the roles were revered?
VIDEO – Andrew Harrison Caught on hot Mic saying ”F*ck That Ni**a” following question about Frank Kaminsky (Unedited)
A reporter asked Karl-Anthony Towns a question about Frank Kaminsky during Kentucky’s press conference after its Final Four loss to Wisconsin, and Andrew Harrison appeared to mutter a snide remark under his breath.
He’s frustrated, he’s heartbroken, and he probably never would’ve said this if he thought anybody could hear him. But still. Those mics are very, very sensitive!
Harrison apologized on Twitter early Sunday morning and said he called Kaminsky to wish him luck in the final.
Andrew Harrison would later Tweet an apology saying that it was said in jest. PLUEEZE … there was nothing in jest of what you said. Had the roles been reversed, the NCAA, the MSM and black America would have exploded and asked that the white player be banned from playing in the National championship game. Frank Kaminsky took the high road and accepted the apology and said its over and nothing more needs to be said. Its just too bad they are not teaching class at UK.
Not only are they not teaching class at the men’s NCAA basketball program, Kentucky coach John Calipari is not even going to use the incident as a teaching moment and Harrison will face no discipline for the remark. What a joke. I just wonder when a white boy says the same thing one day if all will say, its just kids saying dumb things? Just another reason, other than his past cheating, why John Calipari does not belong in the Hall of Fame.
Bonnie Bernstein of Campus Insiders talked to Kentucky coach John Calipari on Sunday morning and reported that Harrison will face no discipline for the remark.
“The biggest thing I want to tell you, these are great kids,” Calipari said to Bernstein. “They’ll do dumb things at times. They’ll say dumb things, like we all do. Things you regret later and they apologize for it. These are young kids, they’re 19 years old. In that moment of trying to make a historic thing, probably did some things. But I love these guys and I know what they’re about.”
Wisconsin coach Bo Ryan said the incident could be viewed as a teaching moment.
HYPOCRITE ALERT: Remeber When Hillary Clinton Complained About GWB Shredding the US Constitution Regarding Secret White House Email Accounts?
HILLARY CLINTON DOUBLE STANDARD – HYPOCRITE ALERT …
Will “You Got Email-gate” sink Hillary Clinton and her 2016 presidential run? Do we really need this as our next President? We already knew that Hillary Clinton entered the 2016 presidential race with a mountain of baggage that would put an average person broke checking in for a flight at the airport, but now this. Not only does scandal seem to follow Hillary, but so does her previous comments she made. Low and behold we have one of Hillary Clinton, the so-called next Democrat presidential nominee making comments in 2005 saying that the Bush White House shredded the US Constitution by doing what of course … using private email accounts. You just can’t make this stuff up, as much as the liberal MSM wishes it was made up.
If a private email account is shredding the Constitution, what is owning their own private server?
Candidate Barack Obama Called President George W. Bush “Unpatriotic” for Adding $4 Trillion to National Debt
OH THAT MSM DOUBLE STANDARD …
The MSM, the LEFT and all those whiny Democrats were no where to be found, never condemned hims and never asked for an apology when Senator and presidential candidate Barack Obama in 2008 called President George W. Bush “unpatriotic” for adding $4 trillion to the national debt, but they certainly have a different agenda when Obama is said to not love America. In fact the LEFT cheered. Double standard, you think?
Oh by the way Barack, have you seen what you have added to the National Debt now that it is at $18,135,185,690,000 and counting every second. By Obama’s own standard, if GWB was “unpatriotic,” that would mean Obama committed treason.
Ed Henry questioned White House spokesperson Josh Ernest a to whether Barack Obama regrets questioning the patriotism of the president of the United States. Of course the WH
spox liar found a way to spin his way thru his answer. The truth, there are two sets of rules when it comes to Obama/Democrats and Republicans. You can call a Republican, Tea Party member, Conservative,r Republican anything you want. However, you can say nothing bad about a Democrat, even if it is true. And when it comes to Barack Obama, question anything of Obama and you are a racist.
Ed Henry to White House – Does Obama Regret Calling Bush ‘Unpatriotic’?
Obama Spox Josh Earnest Gets Hammered by Ed Henry Over 21 Egyptian Coptic Christians Hehaedsed by ISIS as Compared to 3 Muslims Killed in NC
THE DOUBLE STANDARD RELIGIOUS LABELING OF THE BARACK OBAMA ADMINISTRATION …
Obama spokesperson Josh Earnest to the bait, hook, line and sinker as Ed Henry caught him in an obvious White House double standard like a large mouth bass. Watch the VIDEO below and see the exchange between Ernst and Henry as you are witness to the Obama White House not naming the 21 Egyptians beheaded by ISIS as Coptic Christians; however, the three individuals murdered in North Carolina were labeled Muslims. It gets even better, Ernest is forced to say that the NC murder is still under investigation and it is not known whether their faith had anything to to with their death. However, make no mistake about it, 21 Egyptians were marched along a beach in Libya and had their throats slit because they were Christians.
WELCOME TO THE RELIGIOUS DOUBLE STANDARD OF BARACK OBAMA.
Isn’t it remarkable that Obama would once again interject himself into a crime investigation and make the assumption that the people were killed because of their faith. Sadly, it almost seems like he is hoping that was the case so that he can criticize we Crusaders.
On Wednesday during the press briefing, Henry followed, “Why did you not say 21 Christians were killed?”
Earnest responded, “I can’t account for that specific line of the statement.”
“But we’ve been clear that we condemn this murder. The president was clear in the op-ed that was publish today and on a variety of occasions I think I’ve been pretty clear here,” Earnest said. “We’ve been pretty clear here that we condemn this outrageous killing of these Egyptian citizens because of their Christian faith.”
Henry went on to question Earnest about why the White House “invoked faith” when three Muslim students were killed in North Carolina, but not when Islamic State terrorists beheaded 21 Coptic Christians. Local authorities in the North Carolina slayings believe that the deadly incident was the result of a long-running parking dispute, not religion, USA Today reports.
In his response, Earnest said the president believes no one should be targeted based on their faith. He didn’t answer Henry’s question directly regarding why faith was included in one statement and not the other.
TV Anchor Melissa Francis Reveals That She Was Silenced When She Questioned the “Math of Obamacare” On the Air at CNBC
MEDIA BIAS: THE LIBERAL MEDIA CARRYING THE WATER FROM BARACK OBAMA …
Melissa Francis, the current anchor of ‘Money with Melissa Francis’ on the Fox Business Channel revealed Friday that she was silenced when she was an anchor at CNBC by execs when she dared question the math of Obamacare. She was told that she was disrespecting the office of the presidency by having the audacity of pointing out the obvious to her viewers, that the math of Obamacare simply didn’t work, in that you couldn’t add millions of people to the system and force insurance companies to cover their pre-existing conditions without raising the price on everyone else. Scolded by management for questioning the government? Really, isn’t that their job and a reason why we have a Freedom of the Press? This was a business show, how could any responsible individual not ask or point out such a simple premise? But not for the suits at CNBC, they might as well called her a racist as well. But when you are the liberal MSM, part of the Democrat/Obama media complex simply in place to be a propaganda vehicle, you must silence all opposition to liberal policy, especially when it is a lie.
Jonathon Gruber telling you that the architects of Obamacare think that you that you are stupid. And most importantly they are counting on your lack of economic understanding. They are not the only villains in this story. They are also depending on the liberal media to cover up the truth. So far NBC, ABC, the Los Angeles Times, the Associated Press, and others, have been only too happy to comply. Those outlets have not even mentioned the video evidence from Jonathan Gruber. It’s shocking, but it actually doesn’t surprise me because when I was at CNBC, I pointed out to my viewers that the math of Obamacare simply didn’t work. Not the politics by the way. But just the basic math. And when I did that, I was silenced.
“It’s shocking, but it actually doesn’t surprise me because when I was at CNBC, I pointed out to my viewers that the math of Obamacare simply didn’t work. Not the politics by the way. But just the basic math. And when I did that, I was silenced,” Francis said.
“I said on the air that you couldn’t add millions of people to the system and force insurance companies to cover their pre-existing conditions without raising the price on everyone else,” she continued. “I pointed out that it couldn’t possibly be true that if you like your plan, you can keep it. That was a lie. And in fact, millions of people had their plans canceled.”
After making the comments, Francis said she was called into a meeting by management and told he was “disrespecting the office of the president.”
I think we now know that Melissa Francis was 100% correct.