Tag: Perks

  • Senate tax chief says billionaire Crow ‘stonewalling’ over perks for Clarence Thomas

    Senate tax chief says billionaire Crow ‘stonewalling’ over perks for Clarence Thomas

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    ron wyden 58506

    Wyden had asked for details on the gifts Crow lavished on Thomas for over two decades, as reported by ProPublica, that included trips aboard the billionaire’s superyacht to Indonesia, New Zealand and Greece and free use of his private jet.

    Although Thomas neglected to report the gifts on his annual disclosure forms, Wyden argued they were substantial enough that Crow would have been obligated to report them on his annual gift tax returns to the IRS.

    On Tuesday, Wyden repeated a vow he had previously made to use “any of the tools at [the committee’s] disposal” to compel answers from Crow and said he would confer with his Democratic colleagues on Finance.

    In the letter to Wyden that was obtained by POLITICO, Crow’s attorney, Michael D. Bopp, argued that the Finance Committee lacks authority to compel the gift records from Crow and is “attempting to tarnish the reputation of a sitting Supreme Court Justice and his friend of many years, Mr. Crow.”

    The committee’s next steps could include subpoenaing Crow for the requested records or using a section of the tax code that vests the chairs of Congress’ tax committees with the authority to obtain a private citizen’s tax returns directly from Treasury — a power that House Democrats used last year to publish the taxes of former President Donald Trump.

    Attorneys for Trump had tried to derail that effort by insisting Democrats lacked a “legitimate legislative purpose” for seeking his returns, but federal courts rejected the argument in that case. Democrats had maintained throughout the litigation that obtaining Trump’s taxes was necessary to examine a program at the IRS that required the auditing of all sitting presidents.

    Bopp used a similar argument in defense of withholding Crow’s information, saying the committee has jurisdiction of federal gift tax laws but is not empowered to initiate tax audits to expose the activities of private citizens.

    Wyden countered that “the assertion that the Finance Committee lacks a legislative basis for an investigation of the abuse of gift taxes by the wealthy is simply preposterous.”

    “I have used my Chairmanship of the committee to shine a bright light on tax schemes undertaken by the ultra-wealthy, including untaxed transfers of wealth,” he said.

    Meanwhile, Sen. Mike Crapo, the top Republican on the Finance Committee, made it clear Tuesday that he would oppose any efforts to force Crow to provide the information, saying they would “undermine the independence of the Supreme Court and its individual Justices.”

    Sen. Mike Lee (R-Utah) and 13 other Republican senators also wrote to Wyden on Monday to express concerns about Wyden’s request to Crow. The GOP lawmakers asserted the demands amounted to intimidation of a private citizen that had the ultimate goal of discrediting Thomas.

    “We reject this manufactured ‘ethics crisis’ at the Supreme Court as a ploy to further Democrats’ efforts to undermine public confidence and change the makeup of the Court,” the Republicans wrote.

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    #Senate #tax #chief #billionaire #Crow #stonewalling #perks #Clarence #Thomas
    ( With inputs from : www.politico.com )

  • Srinagar Lawyer Seeks Details Of Amount Spent On Conman’s Perks

    Srinagar Lawyer Seeks Details Of Amount Spent On Conman’s Perks

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    SRINAGAR: Aamir Masoodi, a lawyer from Srinagar, has submitted a request under the Right to Information Act (RTI) to the Divisional Commissioner of Kashmir. The application seeks disclosure of the total expenditure incurred on accommodation, transportation, and other expenses for the alleged fraudster from Gujarat, Kiran Patel.

    Masoodi has also asked for information about the department responsible for covering the expenses during Patel Kiran Bhai’s previous two visits to the Kashmir valley before his arrest last month. The RTI application comes amid growing interest and speculation regarding the case, as authorities investigate the extent of Patel Kiran Bhai’s alleged fraudulent activities in the region.

    In another development, a resident of Rambagh in Srinagar has filed a complaint with the court, seeking an FIR against Patel for allegedly defrauding him of Rs. 18 lakhs as share amount in a company. The complaint, filed through advocate Masoodi, states that Patel, who identified himself as Chetan Prakash from Begumpur in North West Delhi and the managing partner of a company dealing in areca nuts, convinced the complainant to invest in the said company. The resident of Rambagh alleged that he paid Rs. 18 lakhs in various installments after interacting with Patel at Pratap Park in Srinagar and at a restaurant in the city last year.

    On last Wednesday, the government ordered an inquiry into the visits of “Kiran Patel,” who posed as a PMO official and enjoyed five-star treatment for a significant amount of time before being arrested for his fraudulent activities. The Divisional Commissioner of Srinagar is conducting the investigation and is required to submit a report within a week. It’s worth noting that Patel was on his third visit to the Kashmir Valley when he was caught by security officials at a five-star hotel in the Nishat area of Srinagar on March 2.

    As per the police report, Patel has prima facie forged and manufactured some documents including some visiting cards on the basis of which he has defrauded not only a single or group of person but “extremely elevated class of the society including high officials of the civil administration and police authorities.” At the end of the day, the police said, Patel succeeded in getting Z Category Security, bullet proof vehicle and enjoyed five star protocol “brazenly” for a considerable period of time. (GNS)

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    #Srinagar #Lawyer #Seeks #Details #Amount #Spent #Conmans #Perks

    ( With inputs from : kashmirlife.net )