Soros Is An Investor All Right – In the “Right” People - Granite Grok

Soros Is An Investor All Right – In the “Right” People

George Soros
George Soros

Happy April 15, 2017, taxpayers! Right around the corner is a cause for celebration. “You know who” has to come out from behind his “loophole.”

Yes, 2017 is the year George Soros must stop “hedging” his hedge funds and pay 39% in US income taxes on his billions. He can cough up more billions of dollars in state income taxes depending on where this so-called American is domiciled.

It’s pay up, or get out, time George! Just like Marc Rich, the metal futures billionaire who skipped to Switzerland to avoid paying US Income taxes, George Soros is happy to take advantage of American citizenship – when is suits him. George Soros won’t have a Clinton in the White House or an Eric Holder to write up a pardon like Marc Rich had.

The Obama administration and the IRS criminal Lois Lerner are, for the most part, gone. There should be no excuse for the Trump administration to not follow through on the 2008 closing of the tax “loophole” Soros has used to pay zero taxes on his billions. I would think the State of New York would pursue income taxes from George Soros as well. New York has a very aggressive Attorney General – when it comes to liberal causes. Time will tell if New York wants any of the Soros money that doesn’t come in the form of campaign spending.

Soros has not paid US income taxes on his hedge funds and he claims a loophole. So be it. But where does he pay taxes on his money? If he has no other form of deduction and his “loophole” is gone, he has to come up with money or a way to show he has paid somewhere else.

President Trump, and a new, non-political IRS, can easily send Soros a tax bill. And the new filing by Soros should not allow him to deduct donations to his own tax-free non-profits. Who does he think he is, a Clinton?

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