Wed Jun 27, 2012, 02:28 AM

SoCalDem (99,744 posts)

Adelson is willing to pay 400 million to oust Obama. Would his tax bill be that high?

Last edited Wed Jun 27, 2012, 02:29 AM USA/ET - Edit history (1)

or would the combined tax bills of the "Billionaire Boyz Club" be as much as they are willing to bribe republicans with?

It amazes me how they whine & boo-hoo-hoo over their need for tax relief, and yet they throw wads of cash (the country really needs) at every sleazy republican they see.

Election cycles are no longer "every 4 years" , with minor ones every year locally. We have a Rube Goldberg Perpetual Election Machine going full throttle 24/7 year-round, and the republican electioneering beast must be fed non-stop. Local/state races are now beneficiaries of the **BBC because every lowly republican elected to small offices all over, may some day be elevated to a pivotal judgeship, congressional seat , senate, or even presidency.

There is always enough money for bribes, but never enough money for taxes.

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13 replies	Author	Time	Post
Adelson is willing to pay 400 million to oust Obama. Would his tax bill be that high? (Original post)	SoCalDem	Jun 2012	OP
Thanks for this post. I've thought about this as well	RZM	Jun 2012	#1
Yep. Good point. It's about POWER & INFLUENCE	tblue	Jun 2012	#2
Maybe he wants Federal gambling legislation that would bring him tens of billions in profits--	ProgressiveEconomist	Jun 2012	#3
Or is Adelson merely the laundryman?	aquart	Jun 2012	#4
That is my theory.	JDPriestly	Jun 2012	#11
His whole thing must be to bust the Vegas unions but with the amount of money he has	Raine	Jun 2012	#5
Exactly... It's all mean-spiritedness	SoCalDem	Jun 2012	#6
He Also Has A Lot Of Money Offshore...	KharmaTrain	Jun 2012	#7
He's a neocon.	Yo_Mama_Been_Loggin	Jun 2012	#8
Money	12ZTR	Jun 2012	#9
There's a saying...	Jamaal510	Jun 2012	#10
He always wins ...	GeorgeGist	Jun 2012	#12
His Macau Sands company lost 5.4% today. I think that's over a billion.	Prometheus Bound	Jun 2012	#13

Response to SoCalDem (Original post)

Wed Jun 27, 2012, 02:37 AM

RZM (8,296 posts)

1. Thanks for this post. I've thought about this as well

Last edited Wed Jun 27, 2012, 02:40 AM USA/ET - Edit history (2)

If the issue is money, then it's odd to spend more than you would lose if the other side wins. Which leads me to believe it's not entirely about the money. I think it's more about power and influence for its own sake.

People like Adelson want to be players. And they are willing to pay top dollar to attain that status.

What DO you do after 40?

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Response to RZM (Reply #1)

Wed Jun 27, 2012, 02:41 AM

tblue (13,931 posts)

2. Yep. Good point. It's about POWER & INFLUENCE

and no amount is too much.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 02:46 AM

ProgressiveEconomist (5,077 posts)

3. Maybe he wants Federal gambling legislation that would bring him tens of billions in profits--

Last edited Wed Jun 27, 2012, 02:49 AM USA/ET - Edit history (1)

such as Federal legalization of internet gambling and casinos in every state, putting Native Americans out of the business.

Ever seen the Jack Abramson movie, "Casino Jack"? There's big money in Adelson's industry, and federal and state laws and regulators are in the way.

$40 billion in return for a mere $400 million outlay would be a great rate of return.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 02:52 AM

aquart (67,538 posts)

4. Or is Adelson merely the laundryman?

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Response to aquart (Reply #4)

Wed Jun 27, 2012, 05:07 AM

JDPriestly (37,760 posts)

11. That is my theory.

It isn't about saving on taxes.

It could be about kickbacks and under-the-table deals, ordinary influence-buying. That's a pretty good guess.

It could be about influence from very influential foreign sources too. That is quite likely.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 02:52 AM

Raine (20,177 posts)

5. His whole thing must be to bust the Vegas unions but with the amount of money he has

he should have enough to pay union wages to casino employees!

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Response to Raine (Reply #5)

Wed Jun 27, 2012, 02:57 AM

SoCalDem (99,744 posts)

6. Exactly... It's all mean-spiritedness

He (and his) have more than they would ever live long enough to spend, but he begrudges hotel maids & waitresses a decent living.

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Response to Raine (Reply #5)

Wed Jun 27, 2012, 03:09 AM

KharmaTrain (30,729 posts)

7. He Also Has A Lot Of Money Offshore...

He has interests in casinos in Macau (currently under investigation)...$400 million out to bring several billion back in tax free? Add that to busting the Vegas unions and throwing unlimited money at his Likudnik buddies in Israel and I'm sure Adelson thinks his money is going to good use. Here's hoping he comes up with nothing...and then tax reform is passed that hikes his taxes to 35% with no loopholes. I can dream...

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 03:54 AM

Yo_Mama_Been_Loggin (6,600 posts)

8. He's a neocon.

And wants to US to invade Iran to protect Israel.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 04:49 AM

12ZTR (63 posts)

9. Money

That's what it's about. Stop spending money in Republican TeaCon businesses & the Wingnuts will understand the power of money.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 05:06 AM

Jamaal510 (3,172 posts)

10. There's a saying...

"you have to spend money to make money." Sheldon Adelson, the Koch Bros, Karl Rove, and others are simply making it rain now so they can pay less later under a President Romney.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 07:06 AM

GeorgeGist (9,547 posts)

12. He always wins ...

in Vegas.

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Response to SoCalDem (Original post)

Wed Jun 27, 2012, 07:37 AM

Prometheus Bound (3,489 posts)

13. His Macau Sands company lost 5.4% today. I think that's over a billion.

...on rumours China may cut back on individual visits to Macau and reduce the spending limit on the China Union Pay credit cards used by many Chinese to withdraw cash in Macau.

He He, Ha Ha, Har har!

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