I don't have 'controversial' opinions - like weak right wingnuts like to say about me.
I have strong personal, disabled POC woman opinions. They developed via my own life experiences & witnessing injustices as 3rd party.
I don't consider it controversial to stand up/speak up for injustices. I find it controversial, when people don't do that. I find people who don't do that to be cowards in several areas of life too.
People who refuse to live true to their own core values are all cowards.
Gonna bet that my last 'controversial idea' would result in fastest transitions out of Israel by the worst of the racist, freeloader Zionists folks with zero ancestry to Middle East & are literally just WS fanatics. You think those illegal squatters would be OK facing thousands of property taxes - they're skirting #IRS & #CRA - they should all be forced to pay retroactive property taxes on homes they stole too.
#Trump May Owe $100 Million From #DoubleDip Tax Breaks, Audit Shows
A previously unknown focus of an #IRS audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on his #Chicago skyscraper.
The 92-story, glass-sheathed skyscraper along the #Chicago River is the tallest &, at least for now, the last major construction project by #Trump. Through a combination of cost overruns & the bad luck of opening in the teeth of the Great Recession, it was also a vast money #loser.
But when Trump sought to reap #tax benefits from his losses, the #IRS has argued, he went too far & in effect wrote off the same losses twice.
There is no indication the #IRS challenged the initial claim,…that lack of scrutiny surprised #tax experts…. But in 2010, #Trump & his tax advisers sought to extract further benefits from the #Chicago proj, executing a maneuver that would draw yrs of inquiry from the IRS. First, he shifted the company that owned the tower into a new partnership.…like moving coins from one pocket to another. Then he used the shift as justification to declare $168M in additional losses over the next decade.
…reporting by NYT & ProPublica about the #Chicago tower reveals a 2nd component of Trump’s quarrel w/the #IRS. This account was pieced together from a collection of public docs, including filings from the NYAG’s suit against #Trump in 2022, a passing reference to the audit in a congressional rpt that same yr & an obscure 2019 IRS memo that explored the legitimacy of the accounting maneuver. The memo did not identify Trump, but the docs, along w/tax records…indicated Trump was the focus.
…The outcome of #Trump’s dispute could set a precedent for #wealthy people seeking #tax benefits from the laws governing partnerships. Those #laws are notoriously complex, riddled with uncertainty & under constant assault by lawyers pushing boundaries for their clients. The #IRS has inadvertently further invited aggressive positions by rarely auditing partnership tax returns.
NEW: IRS Audit of #Trump Could Cost Former President More Than $100 Million
The #tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed #Chicago tower.
“The Internal Revenue Service (IRS) is positioned to do much more than just collect your taxes as it turns its attention to individuals who threaten the U.S. government’s ‘ability to govern,’ a vague new criteria for criminal investigations, according to its own operating manual.” #IRS#Protesters https://www.kenklippenstein.com/p/irs-targets-threats-to-feds-ability
So as of today Mastodon now has a US 501(c)3 non-profit entity to go along with their German corporate entity that appears to be losing its non-profit status for reasons the don't know yet. #mastodon#fediverse#newsblog.joinmastodon.org/2024/04/…
it's also why #the usa is stupid on #cult mafia sleaze like #scientology while countries like #germany treat them appropriately: the goons just literally infiltrated the #irs, and bullied the motherf***ing irs, which is rather impressive if not revolting: