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02-18-2009, 12:11 PM
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Super Moderator
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Join Date: Feb 2002
Location: Oklahoma City, Oklahoma
Posts: 18,669
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Yep. They say it was "hospitality," but 5 years of hospitality? The DNCC giving several six-figure contracts to De Lauro's husband during the time Emanuel was chairman (also during the occupancy of the home?).
It sure looks like a gift meant to induce future business to me!
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02-18-2009, 12:24 PM
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GreekChat Member
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Join Date: Jan 2001
Location: New England
Posts: 9,328
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Quote:
Originally Posted by Kevin
Yep. They say it was "hospitality," but 5 years of hospitality? The DNCC giving several six-figure contracts to De Lauro's husband during the time Emanuel was chairman (also during the occupancy of the home?).
It sure looks like a gift meant to induce future business to me!
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In the end it may not end up mattering what the actual arrangement was; the only thing that really will matter is whether it appears to be a lapse in judgment.
I think that, as a politician, you have to be extremely careful that what you're doing doesn't raise any questions of impropriety. Emanuel's a smart guy; I just wonder why he would have gotten himself wrapped up into something like this.
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02-18-2009, 02:55 PM
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GreekChat Member
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Join Date: Aug 2003
Location: Michigan
Posts: 15,854
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So, let me get this straight. If I move in with a man and don't pay him rent, I have to claim that as income??? What if you're an adult child living with your parents? Or a parent living with your child? I've never known anybody who lived with someone without paying rent to claim that as income. Turbo tax never even asks about that.
The more I read about all this stuff we're supposed to claim as income, the more I freak out that I think every single person in the US has screwed up one of these things.
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02-18-2009, 03:13 PM
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Super Moderator
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Join Date: Feb 2002
Location: Oklahoma City, Oklahoma
Posts: 18,669
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Quote:
Originally Posted by AGDee
So, let me get this straight. If I move in with a man and don't pay him rent, I have to claim that as income??? What if you're an adult child living with your parents? Or a parent living with your child? I've never known anybody who lived with someone without paying rent to claim that as income. Turbo tax never even asks about that.
The more I read about all this stuff we're supposed to claim as income, the more I freak out that I think every single person in the US has screwed up one of these things.
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Asking for tax law advice on Greekchat.
Is this a Greekchat first?
__________________
SN -SINCE 1869-
"EXCELLING WITH HONOR"
S N E T T
Mu Tau 5, Central Oklahoma
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02-18-2009, 03:17 PM
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GreekChat Member
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Join Date: Dec 2003
Location: NooYawk
Posts: 5,482
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Quote:
Originally Posted by AGDee
So, let me get this straight. If I move in with a man and don't pay him rent, I have to claim that as income??? What if you're an adult child living with your parents? Or a parent living with your child? I've never known anybody who lived with someone without paying rent to claim that as income. Turbo tax never even asks about that.
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Yeah, that doesn't even sound right. In fact, that's a way to get around gift tax. In 2009, we can give up to $13,000 to an individual without any taxes applying. But, you can buy them things, pay their school tuition, pay their rent, etc. and it is NOT included as a gift.
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