Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Night Hides Not
Dear Night Hides Not,

“Is there a sarcasm tag missing?”

Absolutely not!

“The Democrats have put this family in the crosshairs of the IRS. From self-employment taxes to gift taxes (on the grandparents), it is apparent this family is gaming the system.”

If it can be proved that they’ve committed fraud, then that’s a different story.

But it’s certainly possible that this family has income of $45,000 per year. For one thing, that house that’s worth $360,000 now - the tax records show that Mr. Frost bought it in 1990 for $55,000. The mortgage on a $55,000 house is eminently affordable.

As well, it’s been reported that the kids go to school on scholarship - from the school.

Until real evidence of fraud is presented, one must presume to give the benefit of the doubt.


sitetest

163 posted on 10/09/2007 9:16:51 AM PDT by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
[ Post Reply | Private Reply | To 156 | View Replies ]


To: sitetest
There have been several media sources reporting that the house was refinanced in the past couple of years. That does beg the question of what numbers the lender was shown. This has "Alt-A" loan written all over it.

:-)
184 posted on 10/13/2007 3:01:15 AM PDT by cgbg ("I give you health care and I say 'no smoking'". "Yass'm Miss Hillary.")
[ Post Reply | Private Reply | To 163 | View Replies ]

To: sitetest
Until real evidence of fraud is presented, one must presume to give the benefit of the doubt.

My kids need new shoes and teeth cleanings. I can't afford it. Send me money. Thanks for givng me the benefits of any doubts and send me money as soon as soon possible.
185 posted on 10/15/2007 11:07:03 AM PDT by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
[ Post Reply | Private Reply | To 163 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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