Trump's Expected Fed Nominee Stephen Moore Owes $75,000 to IRS: Report

[DonViejo]

Source: The Daily Beast



Stephen Moore, President Trump’s likely nominee for a seat on the Federal Reserve, owes more than $75,000 in taxes and other penalties, according to the U.S. government. Moore is a distinguished visiting fellow at the Heritage Foundation and an economic adviser to Trump. The government won a judgment against Moore for $75,328, according to a January 2018 filing obtained by Bloomberg. The debt was for unpaid taxes from the 2014 tax year that could accrue additional penalties and other costs. Moore referred questions about the tax debt to his wife, Anne Carey. According to Carey, the dispute originated with a deduction on Moore’s 2014 tax return in which he accidentally claimed his alimony and child-support payments to his former wife, when only alimony is deductible. But, according to Carey, Moore never received notifications from the IRS after the agency audited the return because he had moved. “It was not an attempt at defrauding the U.S. government,” Carey said.

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Read more: https://www.thedailybeast.com/trumps-expected-fed-nominee-stephen-moore-owes-dollar75000-to-irs-report?ref=home

[turbinetree]

1. Hey Moore your full of Bullshit........................

[Mr.Bill]

2. This guy probably couldn't qualify for a job at H&R Block

and Trump wants him on the Fed.

[montanacowboy]

3. Another winner!!!!!

ding ding ding

[Throck]

4. Irony?

The people that work for the government, owe the government?

[Fritz67]

5. A tax cheat for the Fed.

That's just quintessential Trump, isn't it?

[okaawhatever]

11. Quintessential Republican. Spiro Agnew was a tax cheat too. nt

[cstanleytech]

6. Another one of the best people?

[not fooled]

7. Huh

Surprising that some RWNJ sugar daddy like the 666kook666 brothers didn't pay that off before his name came up for the Fed, in the same way that someone appears to have paid off beer bong brett's gambling (?) debt before he was hustled onto the supreme court.

[DoctorJoJo]

8. That Is How You Demonstrate "Street Cred" With the Orange Buffoon!

[generalbetrayus]

9. I paid alimony and child support for 11 years,

and not once did I "accidentally" deduct the child support from my income. But I know the IRS watches for this stuff because one year it challenged my ex-wife's return because it alleged that she had not claimed the alimony I paid that year (She had - the error was the IRS's).

[oldsoftie]

10. You cant deduct child support? Could you deduct the child?

[TexasBushwhacker]

12. Isn't he rich like Trump's other appointees

Pay up dude!