Big Donor Owes Billions in Taxes….

Redmannn-red-3248
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Typical double standards, huh? Regular folks get slammed for small stuff like parking tickets, but when it comes to billionaires owing *billions* in taxes, it’s just another day in the system. Where’s the accountability for the rich and powerful?

We’re cutting Medicaid, Medicare, and social security, but a billionaire owes $7 billion and hasn’t been forced to pay it… make it make sense.

We put POOR people in jail for a lot of things that rich people don’t go to jail for.

The real waste, fraud, and abuse…

Can you imagine how much better the world would be if billionaires paid their fair share of taxes? Healthcare, infrastructure, education, science and technology, etc.,

Thats why we fired 7k IRS agents obviously gotta cull the herd when they step up to the rich

If you owe the bank a hundred bucks, that’s your problem. If you owe the bank a billion dollars, that’s the bank’s problem.

Average Joe is worth more to these people as a convict to be exploited for profit.

Don’t worry guys, he’ll no longer have any tax debt when they’re done gutting the IRS

As someone who knows more about the case, there is so much wrong with this post.

Firstly, it is the company that Robert Mercer was an executive at, Renaissance Technologies, that owed the 7 billion, not Robert Mercer himself.

The person who then was the most responsible for the tax was the founder and largest ‘shareholder’ of Renaissance Technologies, Jim Simons, who was (RIP) a larger Democrat donor than Robert Mercer was a Republican donor.

Even so, they didn’t actually break any laws, they just found a loophole in the tax code and did a very effective job of minimising their taxes, and they were the ones who were eventually open to pay it, they were not forced by court order. And yeah, they paid it, and if they hadn’t paid it they would’ve gone to jail for much longer than anyone going from a parking ticket.

No waste there right?

There goes the IRS as we know it.

Oh look an example of how laws are there to only police the poors

It is stunning what a POS this guy is. To be clear this was settled in 2021, but the IRS has been hounding them since 2014 at least. So 7 years dicking around not paying taxes, while a baggie of weed or parking tickets will get your ass in prison pronto.

>[The company has also faced sharp criticism](https://www.theguardian.com/news/2017/nov/07/steve-bannon-bermuda-robert-mercer) for trying to sidestep obligations to the public purse. The Internal Revenue Service (IRS) has been pursuing Renaissance for $6.8bn in federal taxes that it was accused of improperly avoiding through practices described as “abuses” in a 2014 investigation by a Senate committee. The two sides are preparing to meet for negotiations this week.

Also notable is who Mercer funds. Mr nazi salute himself who finally dropped his subtle nazism in favour of outright fascist boot licking.

>From 2013 to 2015, the Mercer foundation gave $4.7m to Bannon’s Government Accountability Institute – more than half its total funding in that time. Mercer’s foundation has not yet filed paperwork disclosing its 2016 spending. An IRS official said the filing was more than five months overdue.

And just to go to show how petty this bastard is when it comes to money

>In 2009, Mercer sued a Michigan-based miniature railroad company that installed a scale-model track at his home. He alleged, six years after the installation, that he had been overcharged. The case was settled.

>In 2011, Diana Mercer successfully sued a golf cart dealer in Florida for $15,000 over “mechanical problems and the poor condition” of two carts she had bought, and returned to court when the dealer failed to pay up as ordered.

The real fraud and abuse we should be looking at

Mercer. Now, that’s not too many talk about.

You can see why Elon & DOGE have just gutted the IRS.

But they wanted to put Hunter Biden in jail for paying 2 million LATE! He also paid the late fees.

Next thing you hear is: Elon Musk shuts down the IRS.

If democrats cared about stuff like that then they probably wouldn’t have lost

I wonder why he backed Trump… nevermind, probably nothing. I imagine he was won over by Trump’s tough stance on… US Allies and trade partners.

Is Sharpton caught up on his taxes yet? This was settled in 2021

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