Message to Officials in the Democratic Party:

[barbaatus]

Pay your mother fucking taxes!

For Thor's sake, seriously people...

Comments

[furmuslbulk]

I just read that Daschel HIMSELF realized he forgot that he was getting a "gift" (the car and driver that was paid for by a friend) that he owed taxes on, and brought it to the attention of the IRS.

So if someone rents me a limo I guess I owe taxes on it!

[barbaatus]

Technically, yes...you're supposed to report the monetary value of gifts as income.

But most people don't receive enough gifts in a single year to make it taxable.

[werecub]

The exception to this rule is spouses and family members. Spouse shave an unlimted gift allowance, ie all gifts are non-taxable and family members have a much higher gift total before it becomes taxable income.