Paul L. Caron
Dean


Tuesday, June 8, 2010

BP Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse

Rahm Following up on my prior posts: L.A. Times, The Ties That Bind. Remember Rahm Emanuel's Rent-Free D.C. Apartment? The Owner: A BP Adviser:

Now, we learn the details of a connection of Rahm Emanuel, the Chicago mayoral wannabe, current Obama chief of staff, ex-representative, ex-Clinton money man and ex-Windy City political machine go-fer.

Shortly after Obama's happy inaugural, eyebrows rose slightly upon word that, as a House member, Emanuel had lived the last five years rent-free in a D.C. apartment of Democratic colleague Rep. Rosa DeLauro of Connecticut and her husband, Stanley Greenberg.

For an ordinary American, that would likely raise some obvious tax liability questions. But like Emanuel, the guy overseeing the IRS now is another Obama insider, Tim Geithner, who had his own outstanding tax problems but skated through confirmation anyway by the Democratic-controlled Congress. ...

Greenberg's consulting firm was a prime architect of BP's recent rebranding drive as a green petroleum company, down to green signs and the slogan "Beyond Petroleum."

Greenberg's company is also closely tied to a sister Democratic outfit -- GCS, named for the last initials of Greenberg, James Carville, another Clinton advisor, and Bob Shrum, John Kerry's 2004 campaign manager.

According to published reports, GCS received hundreds of thousands of dollars in political polling contracts in recent years from the Democratic Congressional Campaign Committee.

Probably just a crazy coincidence. But you'll never guess who was the chairman of that Democratic Congressional Campaign Committee dispensing those huge polling contracts to his kindly rent-free landlord.

https://taxprof.typepad.com/taxprof_blog/2010/06/rahm-emanuels-.html

News, Political News, Tax | Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341c4eab53ef0133f05795cb970b

Listed below are links to weblogs that reference BP Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse:

Comments

That's pretty indirect! But what concerns me is the overriding impression that there is one set of rules for the elite, another for everyone else. This perception, even if at times exaggerated, is enormously damaging to the cause of democracy--and tax compliance.

Posted by: mike livingston | Jun 8, 2010 9:40:22 AM

Free rent from BP? That's a pretty slick deal.

Posted by: Woody | Jun 8, 2010 10:53:12 AM

President Obama, by hiring Rahm Emanuel, "Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

Israel, where Rahm Emanuel served in the IDF, "Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

Rahm's father's actions as an Israeli Terrorist specializing in killing British police and soldiers, "Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

Every pro - war, pro Bankster Lobby managing K-Street Kiddie Brothels, for the pleasure of those who serve in congress, "Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

Every tax payer paying Rahm's salary,"Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

The wacky analogy goon squad that has morphed from the ridiculous to the ludicrous with sweat shirt slogans like "BP Indirectly Funded Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse", indirectly Funds Rahm Emanuel's Rent-Free (and Tax-Free) Use of Capitol Hill Townhouse"

Spare me - is this mainstream TV or the internet?

Posted by: Throb | Jun 8, 2010 12:12:29 PM

I don't understand this rule at all. I've been living rent free in my parent's house ever since graduating last year. Am I supposed to pay taxes on this? I don't know the exact statute/reg but it seems ridiculous.

Posted by: unemployed 09 law grad | Jun 9, 2010 10:48:22 AM

I stay overnight at my girl friends house a couple of nights a week. I thinking I should delcare that on my taxes next year.

The "Indirctly" part has been dropped by the wacko internet conspiracy theory crowd. The reason I found this site is because they are saying out there - "he lived rent free" on BP.

Think about this, if we expect people to be completely free of any contact with anyone that may influence a vote then you are living in a dream world. While we should limit it, when we dig deep enough no one is clean.

Posted by: Jack Randcroft | Jun 14, 2010 9:18:17 AM