If CLARENCE THOMAS neglected to disclose GINNI THOMAS's income in his disclosure forms, he likely hasn't paid INCOME TAXES.
Wasn't there also a comment about other business or investment he declared that no longer existed?
The only reason it is significant is the amount of debt he accrued and with his earnings, wouldn't you have an accountant?
His finances need to be scrutinized!
Supreme Court Justice Clarence Thomas could finally face serious legal consequences for tax dodging as Democrats on the Senate Finance Committee investigate incriminating RV loan financial deal. John Iadarola breaks it down on The Damage Report.
Read more here:
Expert: Clarence Thomas could face 'criminal prosecution' by not paying taxes on gifts - https://www.alternet.org/clarence-tho...
"A tax expert recently said Supreme Court of the United States (SCOTUS) associate justice Clarence Thomas could face significant legal consequences by not paying taxes on gifts from billionaire benefactors.
Earlier this week, the New York Times reported that Thomas, who in 2000 was carrying six figures worth of personal debt, frequently complained about his salary as a member of SCOTUS. At the time, Thomas was paid over $173,000 annually (salaries for SCOTUS justices are now in excess of $285,000 per year). Thomas had openly threatened to resign from the Court and take more lucrative work in the private sector, suggesting that if he didn't receive a boost in pay, that "one or more justices will leave soon."
Conservative lawyer George Conway told ProPublica this fall that the Federalist Society's Leonard Leo — whose organization has multiple alumni sitting on SCOTUS — came up with a plan to keep Thomas "happy" by arranging lavish gifts for the far-right justice in exchange for him staying in his position and helping conservatives secure legal victories. In response to this, investigative journalist David Cay Johnston, who is an expert in tax law, said that Thomas would owe significant taxes on these gifts and could be criminally culpable if he didn't pay."
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