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Old 02-18-2009, 12:11 PM
Kevin Kevin is offline
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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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Old 02-18-2009, 12:24 PM
KSigkid KSigkid is offline
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Originally Posted by Kevin View Post
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!
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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Old 02-18-2009, 02:55 PM
AGDee AGDee is offline
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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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Old 02-18-2009, 03:13 PM
Kevin Kevin is offline
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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.
Asking for tax law advice on Greekchat.

Is this a Greekchat first?
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Old 02-18-2009, 03:17 PM
preciousjeni preciousjeni is offline
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Quote:
Originally Posted by AGDee View Post
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.
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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