The North Carolina Piedmont Triad's top go-to source for News
A service of the News & Record, Greensboro, North Carolina
« McCain will be heading home, somewhere, after this election | Main | The difference between face-to-face conversations and free-for-alls on the blog »
A Charlotte businessman accused of claiming payments to a high-priced call-girl ring as advertising expenses on his corporate income taxes pleaded guilty Thursday to tax fraud, the Observer reports.
Man, IRS rules are tough. I bet you can't write off payoffs to a politician's girlfriend, either.
Due to recent automated spamming attacks on our blogs, we are temporarily requiring commenters to authenticate themselves via TypeKey® before posting comments to any News & Record blog in order to prevent denials of service. We sincerely apologize for the inconvenience.
Comments (3)
To report abuse of the comment feature on this site, please use the feedback form at the bottom of any page.
IRS? Payments to prostitutes? Businessmen?
Sort of leads one to speculate how Action G-Boro handled their Grier slush-fund that's now being revealed.
Posted on August 22, 2008 2:46 PM
Man, IRS rules are tough. I bet you can't write off payoffs to a politician's girlfriend, either* Doug
Sure you can! You can give up to 20 grand as a Gift without reporting it. Anything above that must be reported and subject to a gift tax.
However! The biggest story today is about the Cato Institute [ Neo-con Republican Think Tank in DC] biggest donor being busted for running the largest call-girl service in the history of AZ.
http://www.abc15.com/news/local/story.aspx?content_id=ed2437a0-c4b6-4623-822f-aeea38c4fb2e
Posted on August 22, 2008 9:58 PM
Oops! I forgot the name of the Cato donor who was a sponsor of Cato University, Dr Ross Levatter, was arrested for running "the biggest prostitution ring in Arizona history" and for "money laundering."
Levatter was also a frequent participant in the smearing of Ron Paul and the Lew Rockwell web site on the blog of Cato's vice president for international junketeering, hissy fitting, and slandering.
What is it with these Neo-con Republican Doctors, Like the Doctor from Raleigh who was a big donor to a certain Republican Govern Candiate and a unnamed North Carolina Think Tank?
Posted on August 22, 2008 10:13 PM