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.
Florida Police Investigate Whether Kiss Exchanged By 7 Year Old Classmates Was “Unnatural And Lascivious”
ARE YOU KIDDING ME … I HOPE THE STATUTE OF LIMITATIONS HAS RUN OUT BETWEEN MY KISS WITH HEIDI UNDER THE PIANO IN 3RD GRADE …
Has this country lost it’s collective ever-loving mind? As reported at The Smoking Gun, the Florida police actually investigated a kiss, OMG on the lips, between two 7 year old elementary school classmates. Get this, the police were trying to determine whether the act amounted to “lewd and lascivious” behavior. Head shaking, simply head shaking. What happened to the country I grew up in when a Johnny kissed Susie was simply Johnny kissing Susie? The idea that anyone would think that two 7 year old’s kissing was a “lewd and lascivious” act needs their heads and dirty minds examined.
Maybe the police would like to focus their efforts on investigations of lewd acts when an adult perpetrates it on a child or there is at least some kind of evil or criminal intent, not a simple kiss between children.
Florida police last week investigated whether a kiss exchanged by seven-year-old elementary students amounted to “lewd and lascivious” behavior, according to an incident report.
Responding to “allegations” that the children kissed “on the lips” during class last Tuesday, a Manatee County Sheriff’s Office deputy was dispatched to the school to investigate, according to the report, which includes a charge description as “unnatural and lascivious.”
The report, which contains redactions, does not indicate the source of the kissing “allegations.”
Deputy April Culbreath reported speaking with a teacher who “witnessed the incident.” Thereafter, Culbreath concluded that there was “no indication that there was anything sexual about this incident” and no evidence that Florida state law had been violated.
Sorry, but are you telling me that if it was two 11 or 12 year old’s it would be considered “unnatural and lascivious.”
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.
New Black Panther Leader Hashim Nzinga Says, Like the Founding Fathers, We Are Willing to Kill for Black Nation
The New Black Panther chairman Hashim Nzinga said this week on “Black Power Radio” that supporters need to be like the Founding Fathers of America and be “willing to die” for the future of black nation. Nzinga said that the New Black Panthers should be looked upon as Founding Fathers who declare war and are “willing to die or kill to save our babies and to save a black nation that is dying before our eyes.” Hmm, is that what the Founding Fathers really meant? Take a good listen to the voice of reason from The New Black Panther Party.
So now they want to be like The Founding Fathers? Aren’t these the same folks who despise The Founding Fathers for being slave owners? Oh and while the New Black Panther Party is on the topic of saving their babies, maybe they might want to look at the Black genocide of abortion.
LISTEN TO THE AUDIO HERE … WARNING: Profanity & Strong Racial Language
This Week on the New Black Panther Party’s “Black Power Radio,” national chairman Hashim Nzinga said since America has “declared war on us,” evidenced by “military police in the black neighborhood” protecting the rich, the New Black Panthers should be looked upon as Founding Fathers who declare war and are “willing to die or kill to save our babies and to save a black nation that is dying before our eyes.”
Nzinga said, “America is about protecting the rich and the powerful.”
He added, “We pay taxes. They have declared war on us and it’s nothing but state racism.”
“So if we say we are at war, we should be applauded like George Washington,” Nzinga continued. “We should be applauded like Thomas Jefferson. We should be applauded like the Founding Fathers of the country.”
DID BALTIMORE MAYOR ALLOW LAWLESSNESS HAPPEN?
Anyone who watched the looting, the riots, the rock throwing at police and the complete and utter lawlessness that there had to have been a stand down order to police to just sit back and watch it. The videos were just appalling of police looking like sitting ducks as punks and thugs threw bottles and rocks at police as they stood there and could do nothing. The results, 15 police officers were injured.
Now it gets even worse, as reported at Fox News, a senior law enforcement official stated that the Baltimore Mayor Stephanie Rawlings-Blake, said “Let Them Loot, It’s Only Property”
This is the same Mayor who said she wanted to give protesters who wished to destroy their space to do that.
Really, its just property? Tell that to the pastor of the Southern Baptist Church senior home that was under construction that was burned to the ground. Or the to the small business owners who lost everything as the mayor allowed lawlessness to take place without any police action by order.
3 STRIKES FOR BALTIMORE & MLB: First Time in the History of MJB … No Fans in the Stands as Chicago White Sox and Baltimore Orioles Play in Camden Yards in Baltimore
TREE FALLS IN THE WOODS MLB GAME IS PLAYED AND THERE IS NO ONE THERE TO WATCH IT, DOES IT MAKE A SOUND?
TODAY’S SCORE FROM CAMDEN YARDS: BALTIMORE 0 – RIOTERS 15.
STRIKE ONE … Thanks to the rioters, looters and those who cannot be trusted in Baltimore to protest calmly and without violence, the MLB game between the Chicago White Sox and the Baltimore Orioles will be played today, but there will be no fans in the stands. For the first time in the history of baseball, a game will be played with the public not allowed to be in the stadium to watch it. Way to go protesters you made history, you should be so incredibly proud of yourselves. The powers that be in baseball and the local authorities basically deemed that you could not be trusted to act accordingly.
NO FANS, just media
The game Wednesday will start at 2:05 p.m. ET.
“All of the decisions in Baltimore were driven first by the desire to insure the safety of fans, players, umpires and stadium workers,” MLB commissioner Rob Manfred wrote in an email to The Associated Press. “Only after we were comfortable that those concerns had been addressed did we consider competitive issues and the integrity of the schedule.”
An MLB spokesman told ESPN’s Outside The Lines that the league is not aware of any other time that a major league game has been played, by design, without spectators allowed in to watch.
In addition, MLB spokesman Matt Bourne said the league office would not comment as to how, if at all, it would compensate the Orioles for the lost attendance.
Great moments happen when you have great Leadership
STRIKE TWO: Major League Baseball and Barack Hussein Obama must have leaned nothing from GWB throwing out the first ball in Yankee Stadium following the terror attacks on 9-11. The decision to play today’s game at Camden Yards with no fans in the stands is BS. By doing so, you gave the violent looters and rioters their victory. If you could not protect the safety of fans in a ball park and their property, then maybe it would have been a better idea to postpones the game and play a double header at a later date in the season. Since you were willing to play a game with no fans, then you money grubbing SOB’s could have played a real double header, like in days or yore, to provide a gift to the Baltimore fans, rather than a day-night double header so you can double your profits. Hmm? Note to MLB, the optics look terrible of a game going on inside a locked stadium and fans on the outside looking in.
If you were not going to make a statement and have GWB throw out the first pitch and say, “WE ARE BALTIMORE” … then cancel the game. Obviously, Obama was too much of a ninny to show up in Baltimore as the first black president would have been booed by folks that could have been his son as he has done nothing to help blacks during his presidency. In reality, it has been liberal Democrat policies that are responsible for inner cities like Baltimore and the lack of hope as all they have to look forward to is a welfare check and a hand out.
STRIKE THREE: The City of Baltimore and liberal Democrat politics are the biggest losers and have struck out. Make no mistake about it, Baltimore, MD is not Ferguson, MO but yet the exact same thing occurred. The demographics of Baltimore is that it is 63% black and only about 31% white. The police make up in Baltimore is very diverse. However, the problem with Baltimore is the sad state of affairs of Democrat politics and the lack of hope that it provides to inner city minorities, who are in this case the majority. Baltimore County, much like the state of Maryland is a deep blue where is a Republican is ever elected it is by luck. But the problem and lack of opportunity, jobs and hope is a Democrat problem. It is the Democrat politicians that have left these folks behind where Barack Obama made comments as if he was not part of the problem. Keeping people dependent on the government generation after generation creates hopelessness and anger. It is only now that black America wants to take their wrath out on the police. But the Mayor and the police chief of Baltimore are black, so there goes that racial thing.
The problem, as he explained it, is that Americans only worry about poor neighborhoods when there’s a crisis, failing to engage with their concerns and difficulties over time.
“People have a tendency, once the fires have been put out, and the cars aren’t being tipped over, you know there’s not some immediate crisis, then folks wanna go back and focus on, you know, whatever reality TV thing is going on,” he said.
Obama complained about “dis-invested” communities where the primary economy was the drug trade, where young people were more likely to go to prison than college.
Who gave the stand down order to police that made them sitting ducks?
Just curious, after watching the mob burn down business, loot and act in such a disgraceful manner, who in the hell would ever want to invest here? Making matters worse, to get back on track with the theme of this post, the protesters managed to create an atmosphere of uncertainty where MLB had to take action for the safety of its players and fans. Not only is today’s baseball game between the Orioles and Chi-sox without fans, it is without employing people of Baltimore selling beer, food, concessions and other memorabilia. It is without restaurants and bars in the downtown Camden Yard area making money from a day game. Do you know how much money the city of Baltimore has lost because these games now have to be moved and this one was played in front of no one? Way to go rioters, you showed them.
Making matters worse for Baltimore and its people is the fact that the upcoming Oriole home-stand with the Rays is going to be played in Tampa Bay, Florida, not Baltimore. The hardworking folks who make a living from the playing of home baseball games are out of luck. Thanks rioters. Most importantly, a special thanks to the leftist mayor who obviously gave a stand down order to the police the day of the funeral of Freddie Gray. Oh yeah, remember him? Another blemish on Baltimore as the power structure, which is black, failed to put forth in a timely manner to diffuse the bomb before it blew. Baltimore exploded into riots and looked like Baltimore circa 1968, because of incompetence at the highest levels and an ideology to let protesters be protesters and let them get it out of their systems. What’s a couple, 2, 3, 20 businesses looted and burned. After all, in a PC society, we can’t make the rioters feel uncomfortable.
In the end it is Baltimore and its power structure that has much to explain. From how does Freddie Gray die in police custody, to the lack of preparation to prevent riots to the business owners you turned your backs on.The plight of the poor is on you and the fact that you refuse to create an atmosphere to help break the cycle. Instead you just want to throw more failed money after more failed money. How’s that war on Poverty going? Obviously it has failed miserably.
You have struck out.
LEFTWING MEDIA HAS GONE TOO FAR THIS TIME … CNN’s Brooke Baldwin Blames Military Veterans for Baltimore Riots (Update: Apologizes on Twitter. Finally on TV)
LIBERALISM TRULY IS A MENTAL DISEASE … WELCOME TO THE DEMOCRAT-MEDIA COMPLEX.
While doing an interview with Rep. Elijah Cummings (D-MD) in the midst of the turmoil on the streets of Baltimore, CNN’s Brooke Baldwin had the audacity to blame military veterans for the Baltimore riots. WHAT? This liberal media-insanoid literally blamed vets coming home saying, “I love our nation’s veterans, but some of them are coming back from war, they don’t know the communities, and they are ready to do battle.” Really, you love them, I would hate to see if you didn’t love them what you would say. Welcome to the LEFT-wing media of today that does not report the news, but instead tries to pain a narrative that does not exist. Sorry, ESPN suspended foul-mouthed ESPN reporter Britt McHenry went off on a tirade on a impound lot employee, CNN should fire Brooke Baldwin for these false and ugly comments. But they won’t because this is the hate and bias that consumes liberal media outlets today.
Hmm, so what is Brooke Baldwin’s message, or should i say smear … Don’t hire vets because they are too unstable to be trusted? But don’t worry, she loves them.
After more than a year of CNN pouring gasoline all over America with hysterical, and oftentimes phony, stories of American racism, the left-wing network’s afternoon anchor Brooke Baldwin finally took it to the next level by blaming American veterans for the Baltimore riots.
In a pathetic suck-up interview with Democrat Congressman Elijah Cummins, Baldwin never once had the moral courage to ask the failed Baltimore City congressman if the left-wing policies ushered in by a half-century of a Democrat monopoly in Baltimore might have something to do with the city’s ills. Instead, she said of young military veterans who become police officers, “I love our nation’s veterans, but some of them are coming back from war, they don’t know the communities, and they are ready to do battle.”
The context was a discussion about increased training and retraining for the Baltimore police.
There’s no question Baldwin is hoping to launch a narrative with that smear.
UPDATE I: Brooke Baldwin apologized like a coward hiding behind her Twitter account. Sorry Brooke, you don’t get to make such inflammatory, hateful and defamatory comments like you did stereotyping our brave American vets on TV and then apologize on Twitter. What a brave soul you are. Get your butt on TV and apologize. Then I want you to go to Walter Reed National Military Medical Center in Bethesda, MD, she’s not that far away and apologize in person to wounded vets.
Twitter – BrookBaldwin@BrookeBCNN
CNN’s Brooke Baldwin this morning may have done the impossible: Deliver a mea culpa that the nation’s apology police cannot possibly puncture, dismantle, nitpick or otherwise trash.
Sweeping, tendentious nonsense. Baldwin offered no evidence to support her case that somehow battle-scarred veterans from recent wars were responsible for any of the policing problems in the country’s big cities, let alone in Baltimore. People on the Internet let her know of their disapproval. Baldwin’s first response was a bit weak:
That defense doesn’t work at CNN, which sells itself as a purveyor of straight-up journalism around the clock. So what if some hack “vocalized” a concern to Baldwin? Isn’t it her job to filter that concern, fact-check it and pat it down before “re-vocalizing” it?
Given some more time to think about it all, Baldwin this morning came around. Early this morning, she tweeted.
On CNN’s “New Day” program Baldwin said the following:
I made a mistake yesterday. We were in the middle of live TV, I was talking to a member of Congress, and I was recounting a story, a conversation I had had recently just referring to police. And I absolutely misspoke, I inartfully chose my words 100 percent and I just wish speaking to all of you this morning: I wholeheartedly retract what I said. And I’ve thought tremendously about this, and to our nation’s veterans, to you — this is just who I want to speak with this morning — I have the utmost respect for our men and women in uniform. And I wanted you to know that this morning, so to all of you, I owe a tremendous apology. I am truly sorry.
Sorry Brooke if I don’t believe a word of your apology. You meant every word you said, and that’s okay, just own it. You are a bed-wetting liberal who doesn’t know any better and repeats hateful BS. That’s okay, just say it.
EXIT QUESTION: Replace “VET” with “BLACKS” and does Brooke Baldwin have a job this morning?
ANARCHY IN THE INNER CITY …
So this is what happens when you have a complete lack of leadership during a time of crisis. UNREAL. Will anyone face any arrests for the destruction and damage that these low-life thugs caused?
Fox News cameras captured wild footage Monday night of an apparent stolen vehicle driving wildly through the streets of Baltimore.
“Get down! Get back, get back! Get up on the stairs! Are you watching this guys?! Are they watching this?! Are you watching this?!” a Fox News correspondent was heard shouting.
Anchor Shepard Smith later said the network’s understanding was that the vehicle had been stolen and intentionally destroyed.
Baltimore Mayor Stephanie Rawlings-Blake Says Saturday We Gave Gray Protestors ‘Who Wish To Destroy Space To Do That’ … Monday, Total Anarchy and Riots Ensue as She Walks Back Her Comments
Want to know how things like in Baltimore happen, it comes from a complete lack of leadership. Talk about a green light to protesters.
Baltimore Mayor Stephanie Rawlings-Blake said during a press conference on Saturday when tensions were on the rise … “we also gave “those who wish to destroy space to do that as well.”
Mayor of Baltimore Stephanie Rawlings-Blake said that while officials worked to protect protestors taking action over the death of Freddie Gray they also gave “those who wish to destroy space to do that as well.” During her press conference Saturday, Rawlings-Blake said that she worked with police to make sure they protected the protestors’ right to free speech, “ It’s a very delicate balancing act because while we try to make sure that they (protestors) were protected from the cars and the other things that were going on, we also gave those who wished to destroy space to do that as well,” Rawlings-Blake said.
On Monday Baltimore Mayor Stephanie Rawlings-Blake had complete amnesia as she says to reports that she never said such a thing and would never say anything like we are giving people space to destroy the city of Baltimore. HUH? She scolded the media and said that her words should not be twisted. DOUBLE HUH? Watch the VIDEO below. Sorry toots, you made the comment. Who are you going to believe, the mayors words or her backtracking? It is obvious that Mayor Stephanie Rawlings-Blake was acting in a PC manner and wanted to give the protesters and trouble makers all the room in the words because in her liberal mind was, if you let them get it out of their systems, it will stop. However, it exploded.
This was not the media twisting someones words, it was a politician who was in over their head and hasn’t a clue how to deal with the situation. Instead of leadership, she blames the media. This is what happens when ideology gets in the way of leadership.
More billiance from the Mayor … Baltimore Mayor Stephanie Rawlings-Blake announced Monday evening that a week-long curfew would go into effect Tuesday from 10 p.m. to 5 a.m. local time, but many wondered why it had not been implemented Monday night. How in the hell was this curfew not put into place on Monday?
Governor Larry Hogan Signs Executive Order Declaring State Of Emergency … Activating National Guard to Baltimore, MD
A DAY LATE AND MANY MILLIONS OF DOLLARS IN DAME SHORT …
Following the anarchy, lawlessness, looting and rioting in West Baltimore in the wake of the Freddie Gray funeral, Gov. Larry Hogan signs an executive order declaring a state of emergency.
Some how Baltimore, MD was caught with their politically correct pants down on Monday as riots and lawlessness spread throughout the community as thugs and punks looted and destroyed the city. With all the signs pointing toward riots, no one in a leadership role looked at past events like Ferguson, MO, and other incidents where blacks were killed and a violent reactions that took place, as a means to set up safeguards in advance to prevent the chaos. Thus, we got the riots, looting, vandalism and craziness that took place in Baltimore yesterday.
Governor Larry Hogan today, at the request of Baltimore City, has signed an Executive Order declaring a state of emergency and activating the National Guard to address the growing violence and unrest in Baltimore City.
The governor, along with Lt. Governor Boyd Rutherford and National Guard Adjutant General Linda Singh, will hold a press conference at the Maryland Emergency Management Agency this evening at 8:30 PM.
The Executive Order can be read HERE.
Maryland’s governor activated the National Guard on Monday and the city of Baltimore announced a curfew for all residents as a turbulent day that began with the funeral of 25-year-old Freddie Gray, the nation’s latest symbol of police brutality, ended with rioting by rock-throwing youths, arson, looting and at least 15 police officers injured.
Gov. Larry Hogan declared a state of emergency, and the Maryland State Police, who took command of the response, said they would ask for 5,000 law enforcement officials from the mid-Atlantic region to help quell the violence. Some National Guard units were to arrive on Monday night, with others deploying on Tuesday in armored Humvees.
In Washington, Attorney General Loretta E. Lynch, on her first day on the job, briefed President Obama, who in turn called Governor Hogan. Mr. Hogan said the president urged him to have law enforcement officers exercise restraint, and he assured the president they would. “But,” the governor added, “I assured him we weren’t going to stand by and allow our city of Baltimore to be taken over by thugs.”