Tax Law
Tax Law Profs Create Political Issue: Did Sarah Palin Pay All Tax Due?
Posted Oct 6, 2008, 05:41 pm CDT
By Martha Neil
Tax law professors are taking center stage in the latest political issue concerning Sarah Palin's candidacy for vice president on the Republican ticket.
Among the questions they are raising about her recently released 2006 and 2007 tax returns is whether she reported all the taxable income she received for her work for the state, notes the Caucus, a New York Times political blog.
For example, the returns apparently don't include $43,490 in reimbursement that Palin received for travel by her husband and children. However, it appears that this may have been based on advice from her tax preparer and a lawyer.
“The children’s travel payments are clearly taxable income,’’ says professor Jack Bogdanski of Lewis and Clark Law… Continue reading...
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