To: Gen.Blather; rightwingintelligentsia
Uhm...insurance fraud? Creative campaign financing.
I am guessing that the DNCs insurer is someone like Progressive that is far Left politically.
The insurance company tells the DNC to pad their insurance claim and that the insurer will not dispute the claim.
By doing this the DNC avoids paying taxes on the contribution and the insurer avoids gift taxes and can write of the contribution as a business loss.
11 posted on
06/16/2013 5:15:13 AM PDT by
Pontiac
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
To: Pontiac
Creative campaign financing.”
That was my thought, too.
18 posted on
06/16/2013 5:25:25 AM PDT by
MNGal
To: Pontiac
BINGO!! BINGO!!!! BINGO!!!! Progressive Insurance or another LEFTY Insurance Co, maybe Geiko will PAY these FRAUDULENT sums....it would be called ILLEGAL CAMPAIGN DONATIONS!!SLUSH FUNDS!!
25 posted on
06/16/2013 5:46:22 AM PDT by
Ann Archy
(Abortion.....the HUMAN Sacrifice to the god of Convenience.)
To: Pontiac
That’s the best explanation I’ve hear so far.
34 posted on
06/16/2013 6:25:58 AM PDT by
Riley
(The Fourth Estate is the Fifth Column.)
To: Pontiac
By doing this the DNC avoids paying taxes on the contribution and the insurer avoids gift taxes and can write of the contribution as a business loss. And of course, it's not like the IRS is going to do anything about that, either. Because...Democrats.
36 posted on
06/16/2013 6:33:39 AM PDT by
Riley
(The Fourth Estate is the Fifth Column.)
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