• @[email protected]
    link
    fedilink
    English
    175 months ago

    “Under Section 108 of the Internal Revenue Code, he would have had a legal obligation to report [the loan] as taxable income and the tax alone would have been, probably $40,000 or $50,000. That’s a third of his annual salary,” Castro said on Friday. "And that’s when I was like, 'There’s no way he reported that because that’d be financially disastrous for

  • @[email protected]
    link
    fedilink
    English
    225 months ago

    Castro is suing Thomas under VFATA, which allows private citizens anywhere in the country to bring a claim against a Virginia resident for making a knowingly false or fraudulent claim to the commonwealth for money or property, essentially empowering regular Americans to take on the role of a de factor agent of the Virginia attorney general.

    Crazy. Why didn’t a democrat do this immediately?