Page 2 - Tax Writeoff News Today

>> put me out of my misery, polsters, have at it. this isnt affected obama. peak scandal days. his number ropes from april. this has done nothing to him. and i have a recommendation for lois. you get the url. i have done nothing wrong .org. and then list the things you didnt do. this is related to your job. it is a tax writeoff. >> i want to see the hearing play out. >> i think representative issa will keep his word and he will try to push for the fifth amendment challenge paul was talking about...

The building with a gun. >> put me out of my misery, polsters, have at it. this isnt affected obama. peak scandal days. his number ropes from april. this has done nothing to him. and i have a recommendation for lois. you get the url. i have done nothing wrong .org. and then list the things you didnt do. this is related to your job. it is a tax writeoff. >> i want to see the hearing play out. >> i think representative issa will keep his word and he will try to push for the fifth amendment challen...

Its small minded? how dare you to say that something that 63% of the american people say you should show your tax rates and your tax records are being small minded? its not small minded. its a fair question. >> and his father didnt think it was small minded. is it small minded to take a $77,000 tax deduction for your dancing horse. they couldnt afford to get a horse into the olympics without the tax deduction? >> i cant come up with the proper characterization for the existence of the dressage. ...

Its not small minded. its a fair question. >> and his father didnt think it was small minded. is it small minded to take a $77,000 tax deduction for your dancing horse. they couldnt afford to get a horse into the olympics without the tax deduction? >> i cant come up with the proper characterization for the existence of the dressage. the whole story -- if you were going to have say lets come up request the worst character, you would come up with a dancing horse thats a tax writeoff. >> you have u...

With tense budget talks there. for every ticky tacky tax there is a crazy deduction. perhaps the most famous the exotic dancer named chesty love who was allowed to take a tax writeoff for her breast implants because her new 20-pound breasts were viewed as a stage prop. you cant make this stuff up, not even in washington not even in state and low governments. >> shannon: i dont know what to say other than im glad im not the only one who considers kit kat a food. >> thats right. absolutely. >> tha...

Thats how you should look at it. study the charity as if you were studying an investment. is it a quality charity? is there bang for the buck? if i give them $10,000, do they spend $9,700 of it on a luxury office or do hungry children get fed with most of that? so look at the ratio of administrative fees to actually what goes to the ministry or to the actual use of the people. and study the quality of the character and the leadership just like you were studying a company to invest in it. >> very...

Out at me. you tell me whether this is new, allowing people whose mortgages are underwater to deduct the losses from the sale of their home, so its a tax writeoff now, the loss, if youre underwater? >> helping that person who whose mortgage is underwater is not new, this ideas been advanced, i give the senator credit for that. megyn: how about corporate tax rate being cut in half to a of half rate of 17.5. thats lower than romney wants it. >> yeah. and, unfortunately, its not lower than the effe...

Company like fox news and news corp. you have a company free of federal taxes. people can donate to and have a tax writeoff and classified as educational charity by any conventional standard doesnt meet any of those metrics. >> reporter: internal memos obtained by "the daily caller" media matters considered direct attacks on fox news including the possibility of hiring private investigators to delve into the personal lives of hosts commentators and executives. they say those kinds of activities ...

Since then the organization has made it clear its using resources to attack various media outthreats including fox news. >> this is taking a government subsidy to attack a for-profit company like fox news and news corp. so you have a company free of taxes that people can donate to and have a tax writeoff. by any conventional standard it doesnt meet the charity measures. >> reporter: it includes the possibility of hiring private investigators to delve into the private lives of hosts, and company ...

Matters 5013 c tax exempt status. this is basically taking a government subsidy in order to attack a for profit company like fox news and newscorp so you have a company thats free of tax -- federal taxes, people can donate to and have a tax writeoff and is classified as an educational charity but any conventional standard, doesnt meet any of those metrics. as you noted, we reported there was a memo circulated in 2009 encouraging them to send private investigators after fox news staffers. not jus...