A TEXT POST

Nunn Releases Partial Tax Returns; Paid Only 13.6% In Income Tax Last Year

sneaky-nunn

The Associated Press reported this morning that Michelle Nunn finally released her tax returns. While the Republican candidates for Senate in Georgia released 5 and 10 years of their full returns, Nunn only felt it necessary to release the first two pages of each year’s returns from 2009 to 2013. Because, transparency!

She also timed the release to coincide with the 4th of July holiday in the hopes that no one would notice. Oops!

Sounds like someone with something to hide…

The returns reveal that last year, Nunn and her husband only paid an effective tax rate of 13.6 percent. This is the same Nunn whose campaign website laments the fact that tax loopholes are allowing folks a way around paying their fair share. Nunn’s site states:

I believe Georgia families are paying too much in taxes. Our tax code is too complicated and there are too many loopholes carved out for special interests that allow those who can afford high-priced accountants to get away without paying their fair share.

In a financial disclosure filed with the Senate, Nunn and her husband listed assets valued between $1.2 million and $3 million. Apparently Nunn was talking about herself when she mentioned “those who can afford high-priced accountants to get away without paying their fair share.”

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A TEXT POST

Another Shady McAuliffe Investment: Well Past Time For Transparency

The media continues to give Terry McAuliffe a pass for his failure to release his tax returns and unwillingness to be transparent about his shady investments. It is well past time for Terry McAuliffe to be transparent on where he is investing his money. After the election is too late!

Today, a report from The Providence Journal shows the need for such transparency. According to the report, McAuliffe was invested in a company that profited from “an investment scheme that used the identities of terminally ill people” to make money from life insurance policies. This video explains the scheme:

These are the controversial McAuliffe investment ties we know about so far. Before Virginians vote on November 5, McAuliffe must release his tax returns and be fully transparent about his investment portfolio.

3. Syria
A TEXT POST

McAuliffe Investments In Syria?

Last night, once again, Terry McAuliffe dodged questions about not releasing his tax returns:

Yesterday’s Watchdog report may explain why. McAuliffe sits on the board of an investment fund, which focuses on companies in the Middle East and may include investments in Syria, a nation that is subject to U.S. sanctions, a state sponsor of terrorism, and recently used chemical weapons to attack its own people which brought the United States to the brink of war.

But what the Democratic Party isn’t advertising is that its former chairman and current Virginia gubernatorial candidate Terry McAuliffe is seeking wealthy investors for a mysterious private equity fund focusing on job growth in the Middle East that could include Syria.

McAuliffe, like Barack Obama before him, has made American jobs the forefront of his campaign, even though he is lending his fundraising expertise and considerable connections to a fund that also boasts as advisers retired U.S. Army Gen. Wesley Clark and Richard A. Clarke, a Reagan, Bush and Clinton counter-terrorism czar.

The trio has been working with a $100-million Abu Dhabi/U.S. capital investment fund launched last year to “tap growing capital investor interest in new emerging markets growth opportunities,” according to a May 14, 2012, press release. “The joint investment team has identified a strong deal pipeline in the Middle East, North Africa and Turkey, a region that is expected to see GDP growth of 4.7 percent this year and 3.8 percent in 2013.”

The unnamed venture is the work of U.S.-based Paladin Capital Group and Invest AD, a leading Abu Dhabi investment company. …

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