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Tuesday, July 08, 2008
John McCain gambles. Why does he never report any winnings or losses?
Once again I'm reduced to linking to a diary at Le Grand Orange, but this one's a goodie.
This diarist noted that when John McCain released his tax information, there were no W-2G forms on which gambling winnings and losses are declared.
Given that aides say McCain gambles a few thousand dollars at a time, not on poker games among friends, but on Mississippi riverboats, in the Caribbean, and at Indian casinos, does he expect us to believe that his gamblings have been a wash, down to the penny?
Go read more.
Is John McCain a tax deadbeat in more than just his real estate taxes? It sure looks that way. Do you think Chris Matthews and Joe Scarborough and Faux Noise will shut up about Obama's nonexistent "flip-flop" on Iraq long enough to question why the presumptive Republican nominee for the presidency doesn't pay taxes on his gambling winnings?
Somehow I doubt it. They're too busy wiping barbecue sauce from their faces.
This diarist noted that when John McCain released his tax information, there were no W-2G forms on which gambling winnings and losses are declared.
Given that aides say McCain gambles a few thousand dollars at a time, not on poker games among friends, but on Mississippi riverboats, in the Caribbean, and at Indian casinos, does he expect us to believe that his gamblings have been a wash, down to the penny?
Go read more.
Is John McCain a tax deadbeat in more than just his real estate taxes? It sure looks that way. Do you think Chris Matthews and Joe Scarborough and Faux Noise will shut up about Obama's nonexistent "flip-flop" on Iraq long enough to question why the presumptive Republican nominee for the presidency doesn't pay taxes on his gambling winnings?
Somehow I doubt it. They're too busy wiping barbecue sauce from their faces.
Labels: hypocrisy, John McCain
5 Comments:
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Probably because, like most casino gamblers, he loses.
In fact, you're not even required to report winnings under $500 and you're not required to report losses at all. And if you *are* the rare bird who's a net winner, the *casino* must file a 1099 with the IRS.
I agree. Non-issue.
Stop! It's like you're tickling me to death!
off topic
jill -- what happened to JP, his blog has been eliminated (so to speak