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Reply to "No surprise - Clarence Thomas is completely corrupt"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For gifts of this size, wouldn't Thomas have to declare them on his income taxes?[/quote] No, no one has to report gifts, only income.[/quote] Not according to the attachment to the Roberts letter. They are supposed to disclose gifts, there just isn’t any penalty if they don’t. The Statement on Ethics Principles and Practices signed by the nine Justices says they file the same disclosures as other Federal judges, disclosing “non-government income, investments, gifts, and reimbursements by third parties.” It also says that the disclosure guidance was amended in March to provide “clarification on the scope of the “personal hospitality” exception to the disclosure rules. It then says that the only enforcement mechanism for a failure to disclose is that the Committee on Financial Disclosure sends a letter to the Justice asking for a response. So Thomas is supposed to disclose the patrons who are sponsoring him and his family but no one has any authority to do anything about it. See paragraph 5 of the Statement: https://www.judiciary.senate.gov/imo/media/doc/Letter%20to%20Chairman%20Durbin%2004.25.2023.pdf [/quote] I think we are talking about 2 different "disclosings". One is reporting to congress, the other to the IRS. Maybe you can get away with not reporting to congress, but not reporting to the IRS can send you to jail.[/quote] Supreme Court Justices are above the law. You are sadly mistaken if you think DOJ will charge a conservatives justices with anything. [/quote] does the DOJ get involved in IRS matters? doesn't the IRS do it directly? The amount Thomas received was large. I feel certain he had to declare it on his taxes and pay taxes on it.[/quote] You don’t pay taxes on gifts you receive. You’ve been told this a few times. But there are other tax issues that could come up for sure. Like fraud. [/quote] There is a gift limitation, above which it is taxable. In 2022, you could give $16,000 to someone before it became taxable. For 2023, it is $17,000. [/quote] Sigh. The person giving the gift pays gift taxes on it if it exceeds a certain amount. Come on people. Explained several times.[/quote] The recipient does not have to pay taxes on it but they DO still need to report it if it exceeds $17,000[/quote] Wrong yet again. The giver (not the recipient) has to file a Form 709 (https://www.irs.gov/pub/irs-pdf/f709.pdf) You really should refrain from posting on topics you clearly have no clue about.[/quote]
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