As a casino gambler, McCain is likely to have lost more than he won. But by not reporting his winnings, the different percentage calculations built into the tax calculation are thrown off, and if he gambled much at all, he has underpaid his tax. The amount of understatement of tax may be minimal, but that's not the point. Full Story »
Posted by Glenn LaBauve
This particular article doesn't seem to contain enough facts to say there is a real problem. We are told that McCain has been filing fraudulent tax returns for years, but there is no real evidence to support the claim beyond the author saying something like I'm a tax expert and this smells fishy to me.
The tax attorney insights are suggestive of a major coverup of crap shooter McCain's big stakes gambling. Other articles have made frequent mention of his past crap shooting escapades. The linked NYT story reports a 2007 foray that supports the tax fraud hypothesis, and is on NewsTrust at http://newstrust.net/stories/26714 . There is no mention of the possibility that the casinos may be augmenting his gambling wins as a way of laundering bribe money. The story provides smoke, but no smoking gun; more investigative reporting is called for.
True mavericks are always gamblers. And, i don't want this man gambling with the fate of our world, country, money, rights and all the other things we need restored after the current cowboys ruined us. This guy, and his sidekick, are reckless and should not have the reins of power.
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