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.

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It may be illegal for Soros to transfer so much wealth to Ireland while owning deferred taxes... the IRS needs to be informed and asked why they have not acted to freeze his assets before they are all moved out of reach.

thats is easy he supports democrats if he supported conservatives he would have lost everything  and been in prison

Terry, absolutely and repeatedly - if the IRS could do it over and over, they would against conservatives. But, hey, he's a DEMONcRAT and supports OWEbama - he's a "good guy" according to the IRS/libs/progressive/DEMONcRATS.

Why do you think he loves liberals so much ?

oblamea is sorros's sock puppet!  Now do you think that soreass will ever pay his "fair share" of taxes?

"G" it up George. You are going to have the same problem when you meet the GRIM REAPER. Every dog has his day.

Him and Al Sharton, Charlie Rangel, Geithner, Bill and Hill. Many many more.

Well at 84 we can Hope and Pray his days on  Earth are numbered, then he can answer to a Higher Power. GOD!!! He will then receive his rewards for all the good things he has done here on Earth. Hey Georgie Boy I hope you like it warm, I think your gonna be in that environment.

Soros is going to run. The question is where will he run to? However, the first and foremost question is why was the criminal ever allowed into the United States?


he should be look obama should be deported to kenya

Does anyone seriously think that the Obama administration and the rest of the left are going to kill their cash cow by  forcing him to pay taxes? It will just cost him a tiny bit of that to pay off the IRS, and he may have to increase his "donations"  a mite to get  them off his back.   

Besides, all he has to do is stall long enough and he will get an Obama pardon.




“You’d Go To Jail For Contempt”FBI Refuses Order To Produce McCabe Communications

Fox News contributor Sara A. Carter reports that the FBI refuses to produce outgoing FBI Deputy Director Andrew McCabe’s communications in response to “a government watchdog group that has filed a lawsuit on behalf of a former senior FBI special agent.”

Carter reports:

The communications in question are related to McCabe’s wife’s unsuccessful run for Virginia State senate and might also contain invaluable information on McCabe’s role in the Bureau’s investigation into Hillary Clinton’s private email server used to send classified information, several former FBI sources and a government official told this reporter.

In January, Judicial Watch, a formidable conservative watchdog group based in Washington D.C., filed a lawsuit against the FBI for the communications on behalf of retired FBI Supervisory Special Agent Jeff Danik. Danik spent more than 28 years with the bureau as a supervisor in the counter-terrorism division and special overseas advisor. Danik filed his original Freedom of Information Act (FOIA) request in October 2016 for McCabe’s communications.

“They have not produced not one text of McCabe, not one,” said Danik, referencing the bureau. “The government is out of control and it’s astonishing. Do you know what would happen if the government subpoenaed you for information and you didn’t produce records that you had in your possession? You’d go to jail for contempt.”

Carter recently told Fox News host Sean Hannity that Justice Department Inspector General, Michael Horowitz, is investigating whether or not McCabe asked bureau agents to “change their 302s.”

A day after the New York Times reported FBI Director Christopher Wray confronted McCabe over unspecified findings in DOJ Inspector General Michael Horowitz’s report, the Washington Post reveals the embattled bureau official is being probed over his role in examining emails found on former Rep. Anthony Weiner’s laptop.

That’s not all.

Former Secret Service agent Dan Bongino has hinted to his nearly 320,000-strong Twitter followers that the next bombshell to drop could involve McCabe’s mishandling of classified information.

“Here’s the next shoe to drop -> was Andy McCabe using secure comms to send/receive classified information? Someone should check on that,” tweeted Bongino. 


Here’s the next shoe to drop -> was Andy McCabe using secure comms to send/receive classified information? Someone should check on that.


McCabe stepped down January 29th, as first reported by NBC News.

McCabe, who served a brief stint as acting director of the bureau, was already expected to leave. He will stay on “terminal leave” until he is eligible to retire with benefits in March,” reports CNBC.


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