[AEMILIUS PAULUS]

Report: "As the Los Angeles Times reported on Sunday, however, in financial disclosure forms, Bachmann reported receiving between $32,503 and $105,000 in income from the farm, at minimum, between 2006 and 2009."

Response: I hate politicians. The B*stards live off of us and then lie. I can understand the attitude of a Frenchman towards his bankrupt "leaders" in the 1780's through 1790's.

[rabscuttle385]

Bachmann reported receiving between $32,503 and $105,000 in income from the farm, at minimum, between 2006 and 2009.

And how is this any different from taking advantage of credits and deductions on your Federal and state income tax returns?

[Thom Pain]

Ya better look at the conditions of the partnership & the tax consequences. I was once a partner in a firm and left when it started serious decline (I was minority partner, major partner was less than a businessman). I remained a 49% owner and had to report 49% of the income altho I received NO $$. It was an "S" corp. I ended up paying over $150,000 in taxes and received ZERO.

I'm sure the LA Times will be publishing all of the details ASAP. sigh.