Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

HYPOCRITICAL: Soros Paid No Income Tax for 3 Years Before Signing ‘Wealth Tax’ Letter
NewsBusters ^ | 6/9/2021 | Joseph Vazquez

Posted on 06/09/2021 5:39:44 AM PDT by JV3MRC

Liberal billionaire George Soros signed an open letter in 2019 calling on 2020 presidential candidates to adopt the infamous “wealth tax” on the rich. But he reportedly paid no federal income tax three years in a row.

Soros-funded outlet ProPublica published a report exposing how “Soros paid no federal income tax three years in a row.” A Soros spokesman reportedly told ProPublica: “‘Between 2016 and 2018 George Soros lost money on his investments, therefore he did not owe federal income taxes in those years. Mr. Soros has long supported higher taxes for wealthy Americans.’” [Emphasis added.] But as The Dan Bongino Show’s Matt Polumbo noted, “the performance of Soros Fund Management, the fund responsible for Soros’ massive wealth, gained 5% in 2016, 8.9% in 2017, and 0.9% in 2018. Where exactly is the loss that they’re speaking of?”

Soros signed an open letter in 2019 calling on 2020 presidential candidates to adopt a wealth tax on the top one-tenth of one percent. The letter reeked of left-wing propaganda: “Those of us in the richest 1/10 of the richest 1% should be proud to pay a bit more of our fortune forward to America’s future. We’ll be fine — taking on this tax is the least we can do to strengthen the country we love.” In essence, it appeared Soros was being hypocritical.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: georgesoros; propublica; taxes

1 posted on 06/09/2021 5:39:44 AM PDT by JV3MRC
[ Post Reply | Private Reply | View Replies]

To: JV3MRC

Nothing stops S0r0$ from sending $ome in.


2 posted on 06/09/2021 5:42:12 AM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

The billion dollar Marxists always insist that YOU are not paying enough in taxes (your “fair” share).


3 posted on 06/09/2021 5:45:04 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC
Liberal Marxist/Communist billionaire George Soros

FIXED!

4 posted on 06/09/2021 5:50:34 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

Of course. bezos/soros/gates/sanders/clinton/aoc/harris all want YOU to turn over all your money to the government, while they keep all theirs. And still hate you.


5 posted on 06/09/2021 5:54:44 AM PDT by I want the USA back (The reflectance of my epidermis does not give anyone the right to assume anything about me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

btt


6 posted on 06/09/2021 6:09:48 AM PDT by KSCITYBOY (The media is corrupt)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC
You can't spell "Leftist" without h-y-p-o-c-r-i-t-e.

Well kind of, but you get my point ...

7 posted on 06/09/2021 6:10:42 AM PDT by SecondAmendment (This just proves my latest theory ... LEFTISTS RUIN EVERYTHING !)
[ Post Reply | Private Reply | To 1 | View Replies]

To: I want the USA back

There is NO limit on how much money you choose to donate to the government, NONE. Just cut the check or use direct deposit. Simple.

I choose not to donate one red cent beyond what I am required to pay. I don’t cheat, hard to do it anyway if you are a wage earner or live on fixed income annuity. I will however take whatever “gray area” deductions or credits I can as long as I have a supportable reason to do so. No, I do not consider my pets as dependents.


8 posted on 06/09/2021 6:11:24 AM PDT by Mouton (The enemy of the people is the media.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: I want the USA back

Not too far of topic, but I LOVE the commercial for the business that helps you get the IRS off your back.

My favorite is the guy who says he didn’t pay taxes for 8 years! I mean, seriously?

He was whining that he has 8 kids and has had financial problems, AS IF the number of your children or your financial problems are unique and only HE has experienced that.

WHO on earth gets a pass on that stuff? And, how do you blow off your tax obligation for 8 years while everyone ELSE pays and you do that with the expectation that it won’t be noticed.

Is it possible to BE that stupid?!! Some of those schemes even boast that people can get square with the IRS for pennies on the dollar.

I’d LOVE that set up!


9 posted on 06/09/2021 6:20:48 AM PDT by SMARTY ( "Force always attracts men of low morality. " Albert Einstein)
[ Post Reply | Private Reply | To 5 | View Replies]

To: JV3MRC

No one is obligated to pay more tax than the law requires. Using the existing tax code, but believing that it should be changed, is not actually hypocritical.


10 posted on 06/09/2021 6:44:01 AM PDT by babble-on
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

Soros already moved his money around so he pays very little Death Tax


11 posted on 06/09/2021 6:59:40 AM PDT by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: babble-on

You can’t make an argument that the top 1/10 of one 1 percent are not paying their fair share when you yourself are in the 1/10 of 1 percent and are paying nothing in taxes. It is absolutely hypocritical.


12 posted on 06/09/2021 7:00:18 AM PDT by JV3MRC
[ Post Reply | Private Reply | To 10 | View Replies]

To: JV3MRC

Note that the “tax the rich” leftists never mention Herr SSoro$.


13 posted on 06/09/2021 7:11:10 AM PDT by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: JV3MRC

To me, what’s hypocritical about him is that he domiciles his investment fun offshore in the Cayman Islands. But again, it’s perfectly legal.


14 posted on 06/09/2021 7:15:43 AM PDT by babble-on
[ Post Reply | Private Reply | To 12 | View Replies]

To: JV3MRC

Just part of the Democrat Party Crime Syndicate.


15 posted on 06/09/2021 7:52:01 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson