Experts: Palin Owes $25,000 In Back Taxes

WSJ:

Several tax experts said they believe Republican vice-presidential nominee Sarah Palin is required to pay federal taxes on $25,000 in reimbursements from the state of Alaska for her children's travel expenses.

The Alaska governor released her 2006 and 2007 tax returns on Friday, sparking a lively debate on tax blogs and among tax professionals over whether reimbursements and per-diem meal payments from the state should be subject to federal taxes. Since taking office in December 2006, Gov. Palin, whose state salary is $125,000 a year, received reimbursements totaling $43,500 for travel and lodging for her family in connection with state business. Of that total, $25,000 was for her children's travel and the rest was for her husband, Todd, the Washington Post reported.

Read the whole story: WSJ

Comments

[foofy]

09:23 PM on 10/07/2008

Read this and pass it on, this is who Palin and McCain have associated with.

Palin's Associatio­n with Alaska Independen­ce Party:
http://www­.cbsnews.c­om/stories­/2008/09/0­2/politics­/animal/ma­in4407224.­shtml

McCain's Associatio­n with Council For World Freedom:
http://new­s.google.c­om/news?q=­Council+fo­r+World+Fr­eedom&ie=U­TF-8&oe=ut­f-8&rls=or­g.mozilla:­en-US:offi­cial&clien­t=firefox-­a&um=1&hl=­en&sa=X&oi­=news_resu­lt&resnum=­1&ct=title

[mysterygirl18]

08:27 PM on 10/07/2008

Wow just think what would've happened if the Obamas would've used their kids the way this woman used hers...

http://www­.myspace.c­om/wakeupn­owpeople

[Jingo]

08:22 PM on 10/07/2008

Well, Palin does keep saying she reduced taxes in Alaska.... Maybe she is just talking about herself.

[Carolab]

07:49 PM on 10/07/2008

So, H&R Block prepared the return. So what. Unless they reported the per diem/trave­l expenses to H&R Block how would they know about them? It wouldn't be part of Palin's W2. Why? Because her husband and children are not state employees and not required for state business. Further, Palin has no business taking per diem meal expenses at home because she didn't want to do her job in Juneau. Do they think we are STUPID?

From the article: "Those questions include whether Mr. Palin and the children were employees of the state of Alaska, whether they traveling for bona fide business purposes, and whether they would have been able to deduct those travel expenses on their own tax returns for business purposes.

Because the answer to at least one and possibly more of those questions is no, "The Palins should have reported the $43,000 in family travel allowances received in 2007 as income," Mr. Camp wrote in an analysis."

[AlaskasRevenge]

07:38 PM on 10/07/2008

Cindy McCain lied to Ann Curry ..saying John won’t go negative.
Watch it on YOUTUBE!

http://www­.youtube.c­om/watch?v­=60k9IZ1LR­C0

http://mud­flats.file­s.wordpres­s.com/2008­/09/palin-­2006-vetti­ng.pdf

I’m John McCain and I approve this message.

[WaltD]

07:32 PM on 10/07/2008

I guess Palin and "First Dude" consider themselves to be so special and part of the elite that they do not have to pay taxes. I don't know about you but their non-paymen­t of taxes is not the change I want in Washington­.

[seabass]

07:22 PM on 10/07/2008

how un american but you know all about that through hubby and the AIP. pay up nasty sarah.

[Carolab]

06:46 PM on 10/07/2008

She thinks she's a celebrity. She doesn't realize she's about as well-loved as OBL.

[LAB10]

05:46 PM on 10/07/2008

Falin is the never ending bridge to nowhere. She's disgracefu­l.

[GerryT]

05:14 PM on 10/07/2008

Imagine if the Obamas had hooked up with a violently anti-Ameri­can group in league with the government of Iran.

http://www­.salon.com­/opinion/f­eature/200­8/10/07/pa­lins_uname­rican/

[Carolab]

06:53 PM on 10/07/2008

I know--that article is fantastic. I've been boosting it all over the Internet today...HE­LP ME GET IT OUT THERE!

[Hufferton]

07:48 PM on 10/07/2008

Thumbs Up

[PP2008]

05:11 PM on 10/07/2008

Sure she had dodged taxes, she has affiliiiia­tions with groups of terrorists­, and she has abused her power as Governor for self-fulfi­llment...b­ut why aren't we talking about the fact that she and her parents were supporters of communists groups in Alaska wanting to seperate it from the rest of the US. Why aren't we talking about her comments at a social gathering where she made remarks that 'communism wasn't so bad'? She is a greater danger to America than any of us will ever know!

[magginkat]

05:05 PM on 10/07/2008

She should have to repay the entire amount plus interest , penalty or both!

[magginkat]

05:03 PM on 10/07/2008

Sounds like this would be the same as "welfare fraud" to me........­.. filing for government benefits that are not actually due to her!

[jorge4u]

05:01 PM on 10/07/2008

Well, I guess something on the way to heaven or Rome or Alaska :-)

Alaska to review per diem payments to Palin

http://new­s.yahoo.co­m/s/ap/200­81007/ap_o­n_el_pr/pa­lin_tax_re­turns;_ylt=AlhI­vEkeECkutk­9t1rFeU2Sy­Fz4D

[DAdvocate123]

04:33 PM on 10/07/2008

One of the reasons why I trust Right Wing Blogs is because when I do research, the statements come out as true.

The headline here doesn't match the story, and in fact since many people noticed, I will assume HP doesn't care about honesty.

The issue is whether Palin should have had to pay taxes for lodging her husband and children on business trips. She doesn't owe $25,000 back taxes.

[jorge4u]

05:21 PM on 10/07/2008

And yet you are here...

[doctorwang]

05:51 PM on 10/07/2008

It's a Wall Street Journal article...­....take your complaints to Rupert. Ask him why his paper features dishonest articles.

BTW: If you don't like it here, there are other blogs.....­...