CJ Pearson

I was immensely honored to be named to Daily Dot’s “20 under 20″! As a part of the package, the Daily Dot staff drew up this really cool piece of artwork!

FLASHBACK: Trump Is Right, George Soros Caught Exploiting Tax System

FLASHBACK: Trump Is Right, George Soros Caught Exploiting Tax System

George Soros likes to say the rich should pay more taxes. A substantial part of his wealth, though, comes from delaying them. While building a record as one of the world’s greatest investors, the 84-year-old billionaire used a loophole that allowed him to defer taxes on fees paid by clients and reinvest them in his fund, where they continued to grow tax-free. At the end of 2013, Soros—through Soros Fund Management—had amassed $13.3 billion through the use of deferrals, according to Irish regulatory filings by Soros.

Congress closed the loophole in 2008 and ordered hedge fund managers who used it to pay the accumulated taxes by 2017. A New York-based money manager such as Soros would be subject to a federal rate of 39.6 percent, combined state and city levies totaling 12 percent, and an additional 3.8 percent tax on investment income to pay for Obamacare, according to Andrew Needham, a tax partner at Cravath, Swaine & Moore. Applying those rates to Soros’s deferred income would create a tax bill of $6.7 billion.

That calculation is based on publicly available information such as the Irish regulatory filings, which provide only a partial glimpse into Soros’s finances. The actual tax bill would be affected by factors specific to the billionaire. Soros declined to comment, according to Michael Vachon, a spokesman, as did Anthony Burke, an IRS spokesman. Just before Congress closed the loophole, Soros transferred assets to Ireland—a country seen by some at the time as a possible refuge from the law. The filings show for the first time the extent to which Soros’s almost $30 billion fortune—he ranks 23rd on the Bloomberg Billionaires Index—came from finding ways to delay taxes and reinvesting the money in his fund.

Read More from Bloomberg News

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LEAKED EMAIL: Hillary Worried Terrorists Hiding Among Refugees

LEAKED EMAIL: Hillary Worried Terrorists Hiding Among Refugees

In a private 2013 speech, Hillary Clinton worried about the risk of “jihadists” entering Jordan with “legitimate refugees” because “they can’t possibly vet all those refugees.”

Clinton today wants to increase the amount of Syrian refugees the United States takes in by 55,000 annually. She believes that the U.S. refugee screening process is comprehensive enough to catch potential jihadists trying to enter the country, though FBI Director James Comey has said that the vetting process is severely limited by a lack of available data.

  U.S. Democratic presidential candidate Hillary Clinton speaks to the Annual Session of the National Baptist Convention in Kansas City, Missouri, United States September 8, 2016. REUTERS/Brian Snyder

“So I think you’re right to have gone to the places that you visited because there’s a discussion going on now across the region to try to see where there might be common ground to deal with the threat posed by extremism, and particularly with Syria, which has everyone quite worried, Jordan because it’s on their border and they have hundreds of thousands of refugees and they can’t possibly vet all those refugees,” Clinton said before the Jewish United Fund Of Metropolitan Chicago during an October 2013 lunch.

She added, “So they don’t know if, you know, jihadists are coming in along with legitimate refugees. Turkey for the same reason.”

Click here for more of the Daily Caller's story.

 
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WIKILEAKS BOMBSHELL: Clinton Campaign Caught Accepting Foreign Donations?

WIKILEAKS BOMBSHELL: Clinton Campaign Caught Accepting Foreign Donations?

Wikileaks email between Robby Mook and Huma Abedin:

she just didnt know that we had decided to accept it wanted to know who the individuals are and wants to weigh in karuna sending list for meeting

On Thu, Apr 23, 2015 at 1:44 PM, Robby Mook <This email address is being protected from spambots. You need JavaScript enabled to view it.; wrote:

> She doesn't want to? > > On Thu, Apr 23, 2015 at 1:25 PM, Huma Abedin <This email address is being protected from spambots. You need JavaScript enabled to view it.; >

wrote: > >> HRC read in paper that we are taking FARA money

...
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CNN Caught Prompting Focus Group

CNN Caught Prompting Focus Group

CNN was caught manipulating its focus group consisting of undecided Ohio voters during Sunday night’s debate between Donald Trump and Hillary Clinton.

“America is great, because we are good,” prompted the whispering CNN host to a focus group member seconds before going live on air.

Once on air the host asked a focus group member what she thought about Hillary Clinton’s feelings on the state of America.

“Alright, so I want to ask you, what was it about Hillary Clinton’s argument that resonated with you, following Donald Trump defense of the video?”

Click here for more of josh Caplan's story from Vessel News.

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Trump Says If He Were President, Hillary Clinton Would 'Be In Jail' Over Email Scandal

Trump Says If He Were President, Hillary Clinton Would 'Be In Jail' Over Email Scandal

Donald Trump said he “hates to say it” but if elected, he would appoint a special prosecutor to investigate Hillary Clinton.

“Everything he just said, is absolutely false, but I’m not surprised,” Clinton said, sending people to her website because she doesn’t have time to fact check him all night.

“It’s just a good thing that someone with the temperament of Donald Trump is not in charge of the law in our country,” she added.

“Because you’d be in jail,” Trump retorted.

H/T CNN

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