It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Some Republicans have presented the embattled Clinton Foundation as serving one purpose: "lining the pockets of Bill and Hillary Clinton," as GOP Chair Reince Priebus put it.
Responding to such criticisms, Democratic pundit Hilary Rosen said the Clintons "take no personal benefit" from the foundation. She also pointed out the legitimate charitable work the foundation carries out, such as its programs addressing AIDS in Africa and storm recovery in Haiti.
"The Clinton Foundation is a charity where President and Secretary Clinton and their daughter, they take no salary, they get no money from it, they take no personal benefit from it," Rosen said on NPR’s The Diane Rehm Show Aug. 24. www.politifact.com...
Gifts from Foreign Person - IRS.gov
If you are a U.S. person who received foreign gifts of money or other property, you may need to report these gifts on Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts. Form 3520 is an information return, not a tax return, because foreign gifts are not subject to income tax. However, there are significant penalties for failure to file Form 3520 when it is required.
General Rule: Foreign Gifts
In general, a foreign gift is money or other property received by a U.S. person from a foreign person that the recipient treats as a gift or bequest and excludes from gross income. A “foreign person” is a nonresident alien individual or foreign corporation, partnership or estate.
The IRS may re-characterize purported gifts from foreign partnerships or foreign corporations as items of income that must be included in gross income. Additionally, gifts from foreign trusts are subject to different rules than gifts other foreign persons.
Viral image claims Clintons stole $200k in furniture, china and artwork from White House
The problem was, Mittman and a few others included on the list said they never intended their gifts to go to the Clintons. They thought they were donating to the White House itself as part a major remodeling project in 1993.
This is where the questions of provenance get muddy. Some gifts are intended for the government, and must stay in the government’s hands, while some are intended for the person living in the White House. But it’s not always as simple as "this is mine" and "that is Uncle Sam’s."
Within about two weeks of the publication of the Post article, public criticism escalated, and the Clintons announced that they would pay the government nearly $86,000 for items that were actually government property. A few days after that, they also returned about $48,000 worth of furniture (including the sofas, chair and ottoman from Mittman).
Add that up and the government got back $134,000 out of the $190,000 the Clinton’s had declared as gifts. But as an indication of how hard it is to determine ownership, the National Park Service, which oversees the White House property, later returned a chair and an ottoman to the Clintons.
Snipes, 50, was convicted of three misdemeanor counts back in 2008 for failing to file tax returns from 1999-2001. During the three-year period, Snipes cheated the government out of $7 million, reports New York's Daily News. He lost an appeal for a retrial in 2010, which resulted in his being sentenced to three years at a McKean Federal Correctional Institution in Pennsylvania, where he was housed with roughly 290 white-collar inmates. www.usatoday.com...
He survived the first season of Survivor, winning $1 million. But when it came time to paying his taxes, he stayed on the island and voted CBS off, claiming the network agreed to pay his taxes. In 2006, Hatch was found guilty of tax evasion and served part of a six-year prison sentence as a result. Then in March 2011, he returned for his third prison term for failing to file amended returns. Celebrity tax lesson: Don't “forget” to pay taxes on your income…especially before 51 million television viewers. www.legalzoom.com...
Is facing up to three years in prison after pleading guilty to a Missouri tax fraud charge. He agreed to pay the IRS about $50,000 for one count of making false statements on a tax return. The statements are related to illegal payments he submitted as a San Diego lawyer to a non-lawyer for client referrals. Mix donated about $155,000 over a three-year period to a charity the non-lawyer operated, and Mix reported the payments as charitable deductions. www.efile.com...
In 2011, rapper Ja Rule — whose real name is Jeffrey Atkins — pleaded guilty to charges of failing to file tax returns from 2004 to 2006. He agreed to repay $1.1 million in unpaid taxes and was sentenced to 28 months in prison. That sentence ran concurrent with a two-year sentence for a gun charge stemming from a traffic stop in 2007. www.nydailynews.com...
After years of trying to nab the notorious gangster for his more serious crimes, authorities finally got Capone on income tax evasion. He was sentenced to 11 years in prison, some of which he served at the infamous Alcatraz island prison.
originally posted by: IgnoranceIsntBlisss
a reply to: dukeofjive696969
Ever hear how in business capital investments and capital losses are tax deductible?
What was Bill Clinton's "business" again, oh, that's right, "Bill Clinton Inc.".
originally posted by: Gryphon66
3. You skirt the requirements of ATS T&C by using "graphics" (assumed to be snips of screenshots) and you provide no reference or citation or backup for those images. Just a note to credibility as we move through.
originally posted by: IgnoranceIsntBlisss
originally posted by: Gryphon66
3. You skirt the requirements of ATS T&C by using "graphics" (assumed to be snips of screenshots) and you provide no reference or citation or backup for those images. Just a note to credibility as we move through.
I'm trying to go to bed, but I'll put this to rest. I'm either using Twitter screenshots, which do have the sources of the tweets, and if you look close above it even has the detriotfreepress.cm was the article the person was tweeting.
In other cases I take screen shots of the title sections, and then I go to the trouble of adding the source logo's into the image, manually. When i first work one of these images I usually include a quote from the source article the with the link below it.
Doing too good of a job has always been my thing in life. My latest little gfx techniques are but one of the latest examples of it.
originally posted by: six67seven
The fact that the Obamas stand behind and have been campaigning for/with the Clintons tells us everything we need to know about both of them.
Corruption is all we've seen for 15 from the WH. This must end here and now!
Down with the establishment picks!
originally posted by: blackadder01
a reply to: dukeofjive696969
Trump has already Won.
The Truth hurts doesn't it.
Oh well you'll get used to it.