The following rich liberal hypocrites who criticized Trump’s “tax cuts for the rich” have all used legal tax shelters to legally lower their own taxes

Liberals are criticizing Trump’s “tax cuts for the rich.” But this is how these liberals actually behave. The following rich liberals have all used legal tax shelters to legally lower their own taxes. I am not criticizing their legal use of these legal tax shelters. I am criticizing their hypocrisy:

Debbie Wasserman Schultz

The Weekly Standard reports:

Disclosure forms reveal that Democratic National Committee chair Debbie Wasserman Schultz, a member of Congress from Florida, previously held funds with investments in Swiss banks, foreign drug companies, and the state bank of India. This revelation comes mere days after the Democratic chair attacked presumptive Republican presidential candidate Mitt Romney for holding money in Swiss bank accounts in the past.

Nancy Pelosi

The Daily Caller reports:

According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.”A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.

Valerie Jarrett

fireandreamitchell.com reports:

Top Obama adviser and BFF Valerie Jarrett has a line of credit from a Bermuda insurance company valued between $100,000 and a quarter of a million dollars.

Barack Obama

Fox News reports:

President Obama and his wife, Michele, gave a total of $48,000 in tax-free gifts to their daughters, according to tax records made public on Friday.The president and his wife separately gave each daughter a $12,000 gift under a section of the federal tax code that exempts such donations from federal taxes.There is nothing illegal about the president’s taking advantage of this tax shelter, but it does raise eyebrows given that he has lamented the myriad tax exemptions used by the wealthy—“millionaires and billionaires” like himself—to pay less in taxes.

Noam Chomsky

The Hoover Institution reports:

One of the most persistent themes in Noam Chomsky’s work has been class warfare. He has frequently lashed out against the “massive use of tax havens to shift the burden to the general population and away from the rich” and criticized the concentration of wealth in “trusts” by the wealthiest 1 percent. The American tax code is rigged with “complicated devices for ensuring that the poor—like 80 percent of the population—pay off the rich.”

But trusts can’t be all bad. After all, Chomsky, with a net worth north of $2,000,000, decided to create one for himself. A few years back he went to Boston’s venerable white-shoe law firm, Palmer and Dodge, and, with the help of a tax attorney specializing in “income-tax planning,” set up an irrevocable trust to protect his assets from Uncle Sam. He named his tax attorney (every socialist radical needs one!) and a daughter as trustees. To the Diane Chomsky Irrevocable Trust (named for another daughter) he has assigned the copyright of several of his books, including multiple international editions.

Chomsky favors the estate tax and massive income redistribution—just not the redistribution of his income. No reason to let radical politics get in the way of sound estate planning.

When I challenged Chomsky about his trust, he suddenly started to sound very bourgeois: “I don’t apologize for putting aside money for my children and grandchildren,” he wrote in one e-mail. Chomsky offered no explanation for why he condemns others who are equally proud of their provision for their children and who try to protect their assets from Uncle Sam.

John Kerry

The Boston Globe reports:

Documents obtained by the Globe detail John Kerry’s 1983 investment of between $25,000 and $30,000 in offshore companies registered in the Cayman Islands. The document below, signed by Kerry, shows his pledge to purchase 2,470 shares of Peabody Commodities Trading Corp. through Sytel Traders, registered in the Caymans.

Barney Frank

National Review reports:

When Massachusetts cut its top tax rate to 5.3 percent in 2001, it let guilty liberals pay the old 5.85 percent rate if they wished… Pro-tax U.S. Rep. Barney Frank (D., Mass.) spurned the higher rate. “No, I won’t” pay some $800 extra, Frank told Boston radio host Howie Carr in April 2003.

Michael Moore

ihatethemedia.com reports:

Moore’s most recent effort, Capitalism: A Love Story, took aim at businesses that used shelters to avoid paying taxes and took government bailouts during the market crash.

The thing is, Moore used similar tactics, taking advantage of a Michigan tax break to fund the making of his film–which raked in millions, by the way. Michigan taxpayers–already hit hard with the collapsing auto industry–were left holding the funny money bag for that one.

Bill Clinton

USA Today reports:

Former president Bill Clinton once made public a tax return on which he deducted $2 apiece for donated underwear.

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December 27, 2017. Tags: , , , , , , , , , , , , , , , , , , , . Donald Trump. Leave a comment.

Yet another update on the House Democrats who knowingly allowed Muslim spies to commit crimes because the Democrats did not want to be accused of “Islamophobia”

First, some background information.
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July 26, 2017. Tags: , , , . Politics. 1 comment.

Iraqi-funded Muslim spy who worked for U.S. House Democrats had Debbie Wasserman Schultz’s email password

The trouble in this new scandal just keeps getting deeper and deeper.

About five weeks ago, it was reported that dozens of Democrats in the U.S. House of Representatives had allowed four Muslim spies to have access to sensitive security information that they weren’t legally authorized to see, and had paid each of them a salary of $160,000 a year. The Democrats had ignored various red flags, such as their shady real estate dealings, massive amounts of debt, and criminal activities, because they did not want to be accused of “Islamophobia.” You can read about it here and here.

Then about two weeks later, we were given an update with new information: at the same time that these House Democrats allowed these Muslim spies to steal U.S. security secrets and paid them salaries of $160,000 a year, these Muslim spies accepted a $100,000 payment from an Iraqi politician. And again, these House Democrats looked the other way, because they did not want to be accused of “Islamophobia.”

Now we have another update with more new information: one of these Muslim spies had Debbie Wasserman Schultz’s email password at the same time that the hacked DNC emails were given to WikiLeaks. And yet again, these House Democrats looked the other way, because they did not want to be accused of “Islamophobia.”

 

March 11, 2017. Tags: , , , . Politics. 3 comments.

UPI: Bernie Sanders supporters sue Debbie Wasserman Schultz, DNC for ‘fraud’

http://www.upi.com/Top_News/US/2016/06/30/Bernie-Sanders-supporters-sue-Debbie-Wasserman-Schultz-DNC-for-fraud/7411467293953/

Bernie Sanders supporters sue Debbie Wasserman Schultz, DNC for ‘fraud’

June 30, 2016

WASHINGTON, June 30 (UPI) — A group made up predominantly of Bernie Sanders supporters is suing Democratic National Committee Chairwoman Debbie Wasserman Schultz, alleging she “rigged” the primary for Hillary Clinton.

A group of 120 people, including 104 Sanders donors, filed suit in federal court in the Southern District of Florida, in the congresswoman’s home district. In the suit, the plaintiffs say that Wasserman Schultz and the DNC were fraudulent, negligent and misrepresented their true motivations in the Democratic presidential primary.
Citing internal email and memos that have been leaked by someone claiming to have gotten them from Russian hackers who accessed DNC computer files, the plaintiffs say the DNC only ever considered Clinton to be the likely nominee.

The lawsuit quotes from a leaked 2015 memo that states the DNC’s “goals in the coming months will be to frame the Republican field and the eventual nominee early and to provide a contrast between the GOP field and [Hillary Clinton].”

“Despite there being every indication that the 2016 Democratic primary would be contested by multiple candidates, including Sanders, the DNC Memo makes no mention of any Democratic candidate except Clinton, and builds the DNC’s election strategy on the assumption that Clinton will be the nominee, with no doubts attached,” the plaintiffs wrote.

The DNC has acknowledged it was hacked by Russians, but has not verified the authenticity of any of the documents leaked to the press in the wake of the data breach.

A DNC spokesman declined to comment on the lawsuit to New Times Broward-Palm Beach.

July 24, 2016. Tags: , , , , , , . Politics. 2 comments.

The following rich liberals have all used legal tax shelters to legally lower their taxes

The following rich liberals have all used legal tax shelters to legally lower their taxes:
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September 3, 2012. Tags: , , , , , , , , , , , , , . Politics. Leave a comment.