General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs Sharpton Rose, So Did His Unpaid Tax Bills
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With the tax liability outstanding, Mr. Sharpton traveled first class and collected a sizable salary, the kind of practice by nonprofit groups that the United States Treasurys inspector general for tax administration recently characterized as abusive, or potentially criminal if the failure to turn over or collect taxes is willful.
Mr. Sharpton and the National Action Network have repeatedly failed to pay travel agencies, hotels and landlords. He has leaned on the generosity of friends and sometimes even the organization, intermingling its finances with his own to cover his daughters private school tuition.
http://www.nytimes.com/2014/11/19/nyregion/questions-about-al-sharptons-finances-accompany-his-rise-in-influence.html?_r=1
NaturalHigh
(12,778 posts)Money (or even access to friends with money) really does change things.
bigwillq
(72,790 posts)No excuse not to.
Ykcutnek
(1,305 posts)Means he's doing something right.
Keep up the good work, Rev.
Throd
(7,208 posts)snooper2
(30,151 posts)Ykcutnek
(1,305 posts)Sharpton is not one of them.
JaneyVee
(19,877 posts)Garnish his salary and move on.
CatWoman
(79,302 posts)Dr. Strange
(25,921 posts)DesMoinesDem
(1,569 posts)MADem
(135,425 posts)Uncollected Taxes
You may have heard that multinational corporations are holding somewhere in the range of $2 trillion outside of the country, to avoid paying the taxes they owe when they bring the money back to the U.S. This is because of a loophole called "deferral." Profits made outside the US are not taxed if the company doesn't repatriate the money.
Because of this loophole companies move jobs, factories and profit centers outside the country, and companies that do not are left at a disadvantage. The taxes due on this money are somewhere upwards of $700 billion. The amount held outside the country grows every year -- along with the number of jobs, factories and profit centers companies move to take advantage of this.
And there's more. A September report from the National Priorities Project (NPP) shows that the country is handing more than $1 trillion to the already-wealthy.
http://www.huffingtonpost.com/dave-johnson/corporations-owe-hundreds_b_4350489.html
Nye Bevan
(25,406 posts)Oh wait, it's Al Sharpton? Well that's completely different. This is obviously a right-wing hit-piece smear operation. Cancel outrage.
Historic NY
(37,451 posts)period.
ArsSkeptica
(38 posts)...so it's only fair to share.
http://scholarsandrogues.com/2014/11/18/rev-al-sharpton-his-fans-and-boolean-operators/
WhiteAndNerdy
(365 posts)People with a high public profile should know better than to pull shit like that, because eventually someone is going to notice and expose them. And he should also know that right-wingers will file the accusations away under "Scummy Democrats doing scummy things." Even if he doesn't care about his own personal reputation, he should care about doing things that will make Democrats as a group look bad.