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Twitter: Soros Owes up to $6.7 billion in Deferred Taxes
Twitter ^

Posted on 03/19/2017 5:45:41 PM PDT by TigerClaws

Gorge Soros has been deferring taxes due on BILLIONS in income for years In 2017 all that comes due- a potential $6.7 BILLION tax bill! LOL


TOPICS: Breaking News; Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: soros; sorosorgs; sorostaxes; stopsoros; taxes; twitter
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This has been all over social media. Hope it's true. And hope he goes bankrupt.
1 posted on 03/19/2017 5:45:41 PM PDT by TigerClaws
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To: TigerClaws

It helps to have friends in high places. He is probably blackmailing them to get away with all of the crimes he has been doing all these years.


2 posted on 03/19/2017 5:48:29 PM PDT by cradle of freedom
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To: TigerClaws

Hmm ... How long could any of us “defer” paying our taxes?


3 posted on 03/19/2017 5:48:33 PM PDT by JennysCool
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To: TigerClaws

Small change for the evil basturd


4 posted on 03/19/2017 5:48:51 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: TigerClaws

Wow. That’s the answer to our wall financing LOL


5 posted on 03/19/2017 5:49:37 PM PDT by max americana (For the 9th time FIRED LIBERALS from our company at this election, and every election since 2008)
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To: TigerClaws

The last I heard Soros is worth US$27 billion. Will he try to pay off that US$6.7 billion at once by selling nearly a quarter of his investment assets?


6 posted on 03/19/2017 5:49:40 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: TigerClaws

“Hope it’s true.”

Hope you don’t get FR sued.


7 posted on 03/19/2017 5:55:45 PM PDT by ButThreeLeftsDo (MAGA!!!)
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To: ButThreeLeftsDo

They got Al Capone on tax issues. This is promising.


8 posted on 03/19/2017 5:58:49 PM PDT by Chauncey Gardiner
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To: Chauncey Gardiner

It’s Twitter.


9 posted on 03/19/2017 6:04:36 PM PDT by ButThreeLeftsDo (MAGA!!!)
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To: RayChuang88
AND get taxed at the max capital gains rate!
10 posted on 03/19/2017 6:08:09 PM PDT by Chode (My job is not to represent the world. My job is to represent the United States of America-#45 DJT)
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To: TigerClaws

11 posted on 03/19/2017 6:09:42 PM PDT by eaglestar
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To: eaglestar

12 posted on 03/19/2017 6:13:23 PM PDT by eaglestar
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To: ButThreeLeftsDo

https://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill

Yeah, it’s Twitter, BUT this is the link to the original article from Bloomberg written a year ago. Soros it seems does indeed owe nearly $7billion in taxes.

This is amazing. I think the time for a sternly worded letter from the IRS hasarrived.


13 posted on 03/19/2017 6:13:56 PM PDT by SE Mom (Screaming Eagle mom)
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To: JennysCool

I am not a tax accountant and I hope one on FR can give a better answer, but large corporations can do it for years I believe. Some FREEPER please give a better answer.


14 posted on 03/19/2017 6:14:46 PM PDT by Maine Mariner
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To: TigerClaws

Info on Soros Tax situation going back to 2015..

https://www.google.com/search?hl=en&source=hp&biw=&bih=&q=soros+deferred+taxes&gbv=2&oq=soros+deferred&gs_l=heirloom-hp.1.0.0.3041.9909.0.11888.17.12.1.4.4.0.151.1409.3j9.12.0....0...1ac.1.34.heirloom-hp..0.17.1449.SU2AS_hMuuQ#spf=1


15 posted on 03/19/2017 6:15:18 PM PDT by deport
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To: All

It will cost him about 1/50th that amount to buy all of the politicians and bureaucrats it will take to see that he never actually pays it...

Assuming he doesn’t ALREADY own them.


16 posted on 03/19/2017 6:15:29 PM PDT by LegendHasIt
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To: ButThreeLeftsDo

“Hope you don’t get FR sued.”

https://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill


17 posted on 03/19/2017 6:15:44 PM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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To: TigerClaws

People have posted that Soros is wanted in Russia and another country. where is he now? Does he ever reside in the US or does he plan from a distance? Hope this is true and he goes down hard. I wouldn’t bet on it thou.


18 posted on 03/19/2017 6:16:15 PM PDT by DrDude (To the Victor go the spoils! Kick A$$ Trump.)
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To: TigerClaws

Please see post #13. I checked for the article the tweet you posted linked to. It’s from Bloomberg!


19 posted on 03/19/2017 6:17:34 PM PDT by SE Mom (Screaming Eagle mom)
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To: TigerClaws

Deferred taxes is a legal term (IRS) and there are legal ways for businesses to defer the payment of income taxes. But I don’t know what sort of business Soros conducts that would enable him to defer taxes.


20 posted on 03/19/2017 6:19:33 PM PDT by Will88
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To: TigerClaws

PLEASE be true; he needs to go away. FAST


21 posted on 03/19/2017 6:23:38 PM PDT by ErikJohnsky
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To: TigerClaws

OMG the LSM is screaming over Trump returns yet CRICKETS over SOROS OWING this much!!!!


22 posted on 03/19/2017 6:24:13 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: eaglestar

What does that picture mean?


23 posted on 03/19/2017 6:26:54 PM PDT by PA Engineer (Liberate America from the Occupation Media.)
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To: Maine Mariner

Here is the math.

In the bad old days, fund managers could defer income taxes by re-investing their clients fees into their fund. When the fund manager withdrew his investment, he’d have to pay the original tax ( and of course capital
gains on any gains.

It’s kinda like a 401(k) but for fund managers

Around 2009, congress said closed this deferral strategy and required all
deferred funds to be withdrawn by 2017.

Soros the Fund Manager simply has been doing this for a very very long time so the capital gains are huge.

it’s as of congress outlawed 401(k)s and required everyone to pay taxes on the gains ( even if you don’t cash out )


24 posted on 03/19/2017 6:28:22 PM PDT by vooch
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To: Maine Mariner

Not.


25 posted on 03/19/2017 6:31:47 PM PDT by TexasGator
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To: All

The source is Bloomberg so this is legit.

https://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill

TRUMP this guy!


26 posted on 03/19/2017 6:35:35 PM PDT by TigerClaws
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To: TigerClaws

Will the IRS audit HIM?


27 posted on 03/19/2017 6:38:18 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: TigerClaws

Meanwhile, Rachel Madcow accidentally swerved into the truth that POTUS Trump paid his “fair share” of taxes.


28 posted on 03/19/2017 6:46:28 PM PDT by wjcsux (The hyperventilating of the left means we are winning! (Tagline courtesy of Laz.))
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To: ButThreeLeftsDo
Hope you don’t get FR sued.

Truth is an absolute defense against libel, just in case you weren't aware.

https://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill

29 posted on 03/19/2017 6:47:15 PM PDT by E. Pluribus Unum (President Trump is coming, and the rule of law is coming with him.)
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To: Will88

He’s in the business of buying politicians and government officials worldwide. In Soros’ world, that qualifies as a business complete with tax deductions and expenses to write off.


30 posted on 03/19/2017 7:00:28 PM PDT by wjcsux (The hyperventilating of the left means we are winning! (Tagline courtesy of Laz.))
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To: TigerClaws

According to the Clinton Foundation the bill was paid.


31 posted on 03/19/2017 7:04:21 PM PDT by Soros Billions (Al Gore is a pussy, Hillary there's a man for ya)
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To: JennysCool

I imagine this is the famous “carried interest”


32 posted on 03/19/2017 7:09:49 PM PDT by babble-on
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To: Soros Billions

Har


33 posted on 03/19/2017 7:12:43 PM PDT by thinden
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To: JennysCool

I can’t even comprehend even having close to that much money in my entire life.

I hope they nail his evil hide to the wall.


34 posted on 03/19/2017 7:21:50 PM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith...)
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To: TigerClaws

Pity the poor Jews who have to suffer the atheist Soroz,s numerous attacks on everything they value morally ethically and spiritually (and their very lives as soroz funds a number of front groups seeking to undermine their physical safety too). And then the Jews have to endure the righteous vitriol of others who are harmed or threatened by this evil scourge on humanity (because the atheist nazi type descended from a once-Jewish family). The news get kicked from both sides. And meanwhile none of soroz,s millions of victims .... Jews and non-news alike — has figured out a way to stop him Seems very strange nobody has managed that in all the years he’s been financing and stirring up so much hate and sedition and social disruption and misery. I can’t figure it out. He’s over 80 and still is allowed to walk free ?


35 posted on 03/19/2017 7:29:07 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: TigerClaws

Okay lets see. That’s more than $10 thousand dollars. Okay he qualifies.

He could get an 800 number off just about any radio station

He owes $6.7 billion. If he’s lucky, they’ll let him settle for $7.8 billion, interest and penalties.

Of course the firm that represents him will want a healthy percentage, say 10%, or $670 million.

He can probably get off for a cool $8.5.

LOL

Pure hypothetical conjecture with some levity tossed in.


36 posted on 03/19/2017 7:33:34 PM PDT by DoughtyOne (NeverTrump, a movement that was revealed to be a movement. Thank heaven we flushed!)
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To: Trump Girl Kit Cat

OMG the LSM is screaming over Trump returns yet CRICKETS over SOROS OWING this much!!!!


Insane levels of hypocrisy.


37 posted on 03/19/2017 7:39:19 PM PDT by Yaelle
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To: cradle of freedom

Well Well Well, a 1 percenter who doesn’t pay his taxes..typical of Commies..they b*tch about us paying our “fare share” yet they dont pay a dime


38 posted on 03/19/2017 7:52:17 PM PDT by Sarah Barracuda
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To: RayChuang88
A quarter of his investments? How much is Paul Ryan and every other RINO worth in an overnight selloff? 🙃
39 posted on 03/19/2017 7:59:58 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: pocat

ping


40 posted on 03/19/2017 8:06:18 PM PDT by timestax (American Media = Domestic Enemy)
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To: TigerClaws

Soros will get away from the tax man guaranteed, however he will not get away from the Judge of the world.


41 posted on 03/19/2017 8:08:51 PM PDT by Romans Nine
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To: babble-on

It is payment for a service or product that has not been delivered yet. A good example is if you pay me per storm ahead of time to snow plow your parking lot. The income geets deferred until it snows, then when I plow that part of the payment becomes income that year.

An even simpler example is when you buy a gift card...the retailer defers the income until the gift card is used.

I remember years ago Best Buy tried to claim a huge increase in revenue to boost the stock price, but the analysts were all over it fast because so much of the revenue was gift cards; in fact the analysts at the time claimed that as much as 15% of the revenue from the gift cards would never be claimed as income because so many gift cards died in a drawer and were never used.


42 posted on 03/19/2017 8:11:48 PM PDT by MaxistheBest (...)
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To: TigerClaws
North American Law Center - White Paper George Soros

Seven “revolutions” financed and run by György Schwartz, AKA George Soros

Soros Blue Print for “Velvet Revolution” (aka, Purple Revolution) in the U.S.A.

Between January 2009 and today, Soros has built an enormous network of NGOs here and abroad and his blue print for toppling governments around the globe, across the Middle East and the United States “the Great Satan,” has never changed. His model for nation wrecking remains the same throughout the world, as was well outlined in a 2004 three-part essay by author Richard Poe, titled Velvet Revolution, USA;


43 posted on 03/19/2017 8:12:11 PM PDT by Bayou City
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To: Yaelle

Insane levels of hypocrisy.


True. Another point to ponder - How can someone who owes billions in taxes spend tens of millions to further progressive causes at the same time? I get the whole idea of deferred taxes (Soros is perfect example of who benefits the most) and while it may be legal it still seems wrong.


44 posted on 03/19/2017 8:12:15 PM PDT by volunbeer (Clinton Cash = Proof of Corruption)
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To: MaxistheBest

I have a feeling Trump will not let this go so easily, especially after the grief he has taken over his taxes. Hell, this is enough money to pay for 2 Virginia class subs or almost half the Wall!!


45 posted on 03/19/2017 8:14:04 PM PDT by MaxistheBest (...)
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To: TigerClaws
Maybe Hillary Clinton and Revolutionary Communist Party, USA was supposed to forgive his taxes in 2017. LOL
46 posted on 03/19/2017 8:16:18 PM PDT by Bayou City
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To: TigerClaws

Trump: Please give us another win, have Soros arrested... I doubt my parents can’t defer their taxes...


47 posted on 03/19/2017 8:45:22 PM PDT by ConservaTeen (Islam is Not the Religion of Peace, but The religion of Pedophilia...)
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To: ConservaTeen

Allow Russia to snatch him and claim ignorance.
They could make him disappear for good.


48 posted on 03/19/2017 10:08:24 PM PDT by GnuThere
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To: TigerClaws

Hit him with it all at once, so that his investments tank, from the effect of him selling so much.


49 posted on 03/19/2017 10:10:26 PM PDT by BeauBo
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To: DrDude

Survey says: Katonah, NY


50 posted on 03/19/2017 11:12:06 PM PDT by vette6387
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