And big questions are raised about her taxes and all that taxpayer money she and her family got for eating at home and traveling around the state on the state's dollar:
Now that tax attorneys have had a chance to review Gov. Sarah Palin’s tax returns, which were released late last week, a new round of questions are being raised on tax-related websites.
One big issue that tax attorneys are pointing to is the fact that the Palins did not report as income the $43,490 that the state gave the family to cover travel expenses for Mr. Palin and the Palin children. Had the Palins reported these payments as income, the couple would have had to pay taxes on it.
These tax attorneys note that neither Mr. Palin nor the children were employees of the state. Nor were they traveling on behalf of the state. There was some discussion that perhaps some portion of Mr. Palin’s travel expenses might be excludable as income if there was a bona-fide business reason for his presence and if he assisted Mrs. Palin in her official duties.
But there was also uniform agreement that it would be hard to make a case for the not reporting the payments to the children as income.
“The children’s travel payments are clearly taxable income,’’ said Jack Bogdanski, a tax professor at the Lewis and Clark Law School in Portland and a former advisor to the Internal Revenue Service. “The money paid for Todd Palin’s travel might possibly turn out to be tax-free, but it would be quite a stretch.”
:: jackblog recent comments
Oct 06, 2008Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
jeff lucas: For two people/"mavericks" that claim they want to reform Washington, they have an odd way of…
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
Walt: The fact of the matter is that republicans expect the people to wake up one day soon…
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Oops, Another Fake McCain-Palin Debate Ad Slips Through
Walt: I'm quite hopeful that Palin did in fact kill something - McCain's and her chance at ever becoming…
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
baquan2000: It's all good brotha!
Check out this comment from
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
Walt: My apology to all. I'm just having a little fun without stooping too low, I hope. I…
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
baquan2000: Walt you get an official, Dave Chappelle say's it best - Rick James influenced - "Cooooooollllldddd Bloodeeedddddd!"
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
Walt: Palin is no maverick, she's just "averick". Too average to be vice president or guvner, I think.…
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
baquan2000: But, I hope you guys know that the RNC is calling for an audit of Obama campaign…
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
ladd: While she's out slinging mud, Palin has all sorts of problems on her homefront (where folks are angry that the McCain campaign is running the governor's office. First, a bunch of state employees have reversed course and http://www.adn.com/troopergate/story/546971.html ]decided to follow the law[/url] and testify in the Troopergate (probably realizing they don't want to go to jail for her).
And big questions are raised about her taxes and all that taxpayer money she and her family got for eating at home and traveling around the state on the state's dollar:
Now that tax attorneys have had a chance to review Gov. Sarah Palin’s tax returns, which were released late last week, a new round of questions are being raised on tax-related websites.
One big issue that tax attorneys are pointing to is the fact that the Palins did not report as income the $43,490 that the state gave the family to cover travel expenses for Mr. Palin and the Palin children. Had the Palins reported these payments as income, the couple would have had to pay taxes on it.
These tax attorneys note that neither Mr. Palin nor the children were employees of the state. Nor were they traveling on behalf of the state. There was some discussion that perhaps some portion of Mr. Palin’s travel expenses might be excludable as income if there was a bona-fide business reason for his presence and if he assisted Mrs. Palin in her official duties.
But there was also uniform agreement that it would be hard to make a case for the not reporting the payments to the children as income.
“The children’s travel payments are clearly taxable income,’’ said Jack Bogdanski, a tax professor at the Lewis and Clark Law School in Portland and a former advisor to the Internal Revenue Service. “The money paid for Todd Palin’s travel might possibly turn out to be tax-free, but it would be quite a stretch.”
Mighty mavericky to take advantage of her own tax payers, eh?
Oct 06, 2008
Will New Palin 'Racially Tinged' Attacks Backfire on McCain?
Walt: LW that comment by McCain did make me laugh! Republicans could run a frog for vp and…