Thread: IRS Calls Foul On Vikings Part-Owner

[size=13pt]IRS Calls Foul On Vikings Part-Owner[/size]

William P. Barrett
forbes.com

02.23.09, 12:15 PM EST


Reggie Fowler reported no taxable income while bidding $600 million for NFL team.
For the two calendar years during which he negotiated to buy the Minnesota Vikings for $600 million, Arizona businessman Reginald D. "Reggie" Fowler filed personal federal tax returns listing no taxable income, documents in a previously unreported court case show....

"singersp" wrote:

[size=13pt]IRS Calls Foul On Vikings Part-Owner[/size]

William P. Barrett
forbes.com

02.23.09, 12:15 PM EST


Reggie Fowler reported no taxable income while bidding $600 million for NFL team.
For the two calendar years during which he negotiated to buy the Minnesota Vikings for $600 million, Arizona businessman Reginald D. "Reggie" Fowler filed personal federal tax returns listing no taxable income, documents in a previously unreported court case show....

Sounds like he would be a good candidate for one of Obama's cabinet positions.

If Timothy Geithner doesn't have to pay his taxes, why does anyone else have to?

"UffDaVikes" wrote:

"singersp" wrote:

[size=13pt]IRS Calls Foul On Vikings Part-Owner[/size]

William P. Barrett
forbes.com

02.23.09, 12:15 PM EST


Reggie Fowler reported no taxable income while bidding $600 million for NFL team.
For the two calendar years during which he negotiated to buy the Minnesota Vikings for $600 million, Arizona businessman Reginald D. "Reggie" Fowler filed personal federal tax returns listing no taxable income, documents in a previously unreported court case show....

Sounds like he would be a good candidate for one of Obama's cabinet positions.

careful, people are quick to lock threads around here when it comes to political references
:

What a fucking douche bag. I'd like to kick him in the nuts.
The worst part is he is very unlikely to face any criminal charges. Then again the super rich do pay far less tax as a percentage of income than the middle class.
http://www.timesonline.co.uk/tol/mon...cle1996735.ece

Buffett blasts system that lets him pay less tax than secretary
Warren Buffett, the third-richest man in the world, has criticised the US tax system for allowing him to pay a lower rate than his secretary and his cleaner.

Speaking at a $4,600-a-seat fundraiser in New York for Senator Hillary Clinton, Mr Buffett, who is worth an estimated $52 billion (£26 billion), said: “The 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”

Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent. Mr Buffett told his audience, which included John Mack, the chairman of Morgan Stanley, and Alan Patricof, the founder of the US branch of Apax Partners, that US government policy had accentuated a disparity of wealth that hurt the economy by stifling opportunity and motivation.

Of course that is legal.
The illegal is even worse. Info on the tax gap.
http://www.irs.gov/pub/irs-utl/tax_g...ts-figures.pdf

"Vikes_King" wrote:

"UffDaVikes" wrote:

"singersp" wrote:

[size=13pt]IRS Calls Foul On Vikings Part-Owner[/size]

William P. Barrett
forbes.com

02.23.09, 12:15 PM EST


Reggie Fowler reported no taxable income while bidding $600 million for NFL team.
For the two calendar years during which he negotiated to buy the Minnesota Vikings for $600 million, Arizona businessman Reginald D. "Reggie" Fowler filed personal federal tax returns listing no taxable income, documents in a previously unreported court case show....

Sounds like he would be a good candidate for one of Obama's cabinet positions.

careful, people are quick to lock threads around here when it comes to political references
:

Then don't respond to it and move on

Just one more reason not to give them a new stadium. Total reasons: 500,000,001.

This is fucking ridiculous. Especially in the context of the "stadium drive."