Posted on 01/05/2011 6:38:55 AM PST by bigbob
Chicago mayoral candidate Carol Moseley Braun reported a negative income — $225,908 — to the IRS in 2008, the same year she took out a fourth mortgage on the spacious Hyde Park house she has put up for sale, records show.
The former U.S. senator and ambassador released two-page summary sheets from her 2008 and 2009 tax returns in hopes of quelling a storm that erupted Monday when she said she wouldn’t release any of her tax records before the Feb. 22 municipal election.
Braun changed her mind later Monday, and — like other mayoral front-runners already had done — released tax information Tuesday afternoon. In a press release, she said “my remarks regarding my tax returns” on Monday “sent the wrong message and I regret the statement.”
(Excerpt) Read more at suntimes.com ...
And that she not only lacks any kind of financial discipline, but conviction as well, since her adamant refusal to release these records lasted only 1 day.
Guess there was a reason she "didn't want to"...
not 1 but 4 mortgages, yeah she’s a real person of the people.
Her tax records will be dodgy as they come.
Well, releasing the papers only tells Chicago she is open for business (bribes). If the beats the fish guy, she may well be rich in a few years. I should have a gig like that.
I need a fourth mortgage. Where do I go for one of those?
“And we’re movin’ on down...”
Sounds to me that she needs to be back on welfare.
jesus and most people can’t get one......
how do you get 4 mortgages when you are reporting an income of 55,000 in 2008 and no income in 2009 but a 225,000 income loss and yet still got a 300,000 mortgage in 2008.
I mean how, if i went to a bank with that, they’d laugh at me. Seems to me, if someone digs deep enough into these records, they’ll find gold and some good old fashioned book roasting.
Reading the article, NOTHING in her return makes sense.
These returns SCREAM for an audit.
Why do I get the feeling that ACORN helped prepare her taxes?
Leni
“how do you get 4 mortgages when you are reporting an income of 55,000 in 2008 and no income in 2009 but a 225,000 income loss and yet still got a 300,000 mortgage in 2008.”
The miracle of Fanny Mae! You don’t need no stinking income!
And, you are a minority? Well, you have hit the jackpot. Fanny will guarantee as much money as you want, even if you have a negative income. Is America a great place or what?
Easy to see how this wretched woman got the name “Carol Mostly Fraud.”
Because what she shows the IRS and what she shows the bank are two wildly different things.
I bet it is all by design. Funny how this came out at same time as court deciding Rahm is eligible to be on ballot.
Maybe she is one of those African American farmers.
I guess I'm a bit naive still, but how does an individual report a negative income of $225,9008? I suppose if one is involved in a business where income and loss are transferred to ones personal income, maybe it's possible. But what sort of business is this bird-brain involved in?
Before I thought it was unfair to require her to release her personal tax records. Now I think maybe she should be invstigated for tax fraud.
ML/NJ
Looks like it's now boiling down to Emanuel and Hispanic candidate, Gery Chico.
It's like Chico and the Rahm, dude.
Cool!
Leni
Rahm is looking better every day in comparison to the vaudvillian cast of characters on the mayoral ballot.
THAT! is the whole idea. eliminate the competition, straight out of their playbook.
If she had a negative income, how can this former U.S. senator and Democrat afford 4 hous....Oh I see....I see...
dah....
By DemocRAT standards, she’s qualified to hold any high level public office.
Sounds like mortgage fraud.
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