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1 posted on 07/29/2009 4:01:21 PM PDT by tired&retired
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To: tired&retired

Given how big their total tax return probably was, this sounds like chump change.


2 posted on 07/29/2009 4:02:56 PM PDT by HiTech RedNeck (The Democrat Party: a criminal organization masquerading as a political party)
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To: tired&retired

Audit every damn line item. Including his return.

And go back several years.


3 posted on 07/29/2009 4:02:57 PM PDT by A_Former_Democrat
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To: tired&retired
LOL these race baiters are all the same.

Its all about the Benjamins.

4 posted on 07/29/2009 4:04:13 PM PDT by skeeter
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To: tired&retired

Yeah could happen to anyone. Form a foundation. Give grant money to friends. When you get caught or are about to get caught report it as salary. Yeah that works.


5 posted on 07/29/2009 4:05:13 PM PDT by w1andsodidwe (Jimmy Carter(the Godfather of Terror) allowed radical Islam to get a foothold in Iran.)
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To: tired&retired

Frankly, I am tired of it. Until we are ready to call for their heads, I no longer care.

You get what you allow. Bottom line.


6 posted on 07/29/2009 4:09:34 PM PDT by dforest (Who is the real Jim Thompson? I am.)
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To: tired&retired
"mischaracterized "

Is that the fashionable thing they are calling "lies" now?

7 posted on 07/29/2009 4:11:14 PM PDT by Mr. K (THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
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To: tired&retired

Oh, I don’t know. Maybe they can call those lap dances at Benny’s Topless Gentlemen’s Club some sort of multicultural “research”.


8 posted on 07/29/2009 4:11:55 PM PDT by Seruzawa (Obamalama lied, the republic died.)
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To: tired&retired

lift a rock and there you have it ... slime and filth.


10 posted on 07/29/2009 4:15:38 PM PDT by OldNavyVet (The essence of evil lies in the irrational..)
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To: tired&retired
“It should have been listed as compensation”

How can someone so smart, a professor no less, make such a stupid mistake? Especially since he must know, being a professor of African history and all that crap, that compensation is subject to FICA, Medicare, and federal withholding? Oh .... gee whiz .... just a sloppy mistake. Yeah .... right.

11 posted on 07/29/2009 4:16:30 PM PDT by layman (Card Carrying Infidel)
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To: tired&retired

Gate’s has to be sweatingin it if he is going back to check his own returns...

Maybe he knows they could not withstand close scrutiny?

Maybe some JAIL TIME for filing a false return is in order?


12 posted on 07/29/2009 4:16:34 PM PDT by Mr. K (THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
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To: tired&retired

Can’t be a buddy of Obama’s without cheating on your taxes...


13 posted on 07/29/2009 4:21:59 PM PDT by glorgau
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To: tired&retired

The interesting thing is.... this is fraud! They have purposely transferred personal expenses of Gates which at best would be admin. expenses as non profit program expenses. I will look at the rest of the return as it it should be available on public record.


14 posted on 07/29/2009 4:23:58 PM PDT by tired&retired
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To: tired&retired
This is unbelievable!
15 posted on 07/29/2009 4:25:49 PM PDT by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: tired&retired

Bookmarked


17 posted on 07/29/2009 4:34:24 PM PDT by Dubya (Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father,but by me)
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To: tired&retired
Surprise, surprise, another of Obama’s buddies having trouble filing his taxes correctly.
19 posted on 07/29/2009 4:35:59 PM PDT by RJL
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To: tired&retired

BlackIrish (nigmics) go free


20 posted on 07/29/2009 4:36:15 PM PDT by bert (K.E. N.P. +12 . fasl el-khitab)
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To: tired&retired; Tax-chick
Oh, the devil is in the details!!! Ok now, let's see how the recipients classified it on their tax returns. As income, right? Sure. That would be the case if it was simply an accounting error on the foundation's part. but obviously the treasurer and secretary knew it was salary and reported it as such, right? Otherwise, there might be fraud and collusion going on.
21 posted on 07/29/2009 4:36:32 PM PDT by NonValueAdded (What if the Sanction of the Victim is withdrawn?)
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To: tired&retired

Cooking the books to make it look like they are actually doing something.


23 posted on 07/29/2009 4:38:56 PM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: tired&retired

The tax return appears to be a sham as the source of the revenue(donations) section is not completed. The payments do not qualify for the described purpose of the organization, and a large portion of the program expenditures were not (non-profit) recipients.

This private foundation would lose its non-profit status under even the most lienient analysis of the organization.

Here is the link to the return. Better download it before it disappears. The 1023 application should also be available if you want to see it.

http://www.guidestar.org/FinDocuments/2007/020/756/2007-020756843-047b169d-9.pdf


26 posted on 07/29/2009 4:47:38 PM PDT by tired&retired
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