How Harlan Crow Slashed his Tax Bill by Taking Clarence Thomas on Superyacht Cruises

Odusei@lemmy.world to politics @lemmy.world – 187 points –
How Harlan Crow Slashed his Tax Bill by Taking Clarence Thomas on Superyacht Cruises
propublica.org

In lavishing gifts on the Supreme Court justice, the billionaire GOP donor may have violated tax laws, according to tax experts.

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Just call then what they are people, bribes.

It's more sinister than that. The article points out that the way the ownership of the yacht is controlled allows Crow to claim operating expenses as losses on his taxes, lowering his already low tax burden. Essentially, this bribery is occurring at the expense of taxpayers.

Banana republic style corruption and they don't even pretend like they are subject to any laws.

Thomas' response is similar when Chomsky got called out his Epstain dealings...

None of your business, peasants