In their extensive probe, Senate investigators found evidence to suggest Crow has made repeated misrepresentations to the U.S. government. ProPublica revealed the tax maneuvers in a previous story.
By Paul Kiel, Pro Publica
A key congressional committee is pressuring billionaire Harlan Crow for answers after investigators turned up additional evidence that he misrepresented his yacht as a business to score a tax break.
The inquiry is part of the ongoing congressional investigations of Justice Clarence Thomas’ gifts from billionaires. Crow was perhaps Thomas’ greatest patron, often hosting the justice on his private jet and his 162-foot yacht, the Michaela Rose.
ProPublica reported last July that Crow had taken millions in questionable tax deductions related to his yacht. In a letter Monday, Senate Finance Committee Chair Ron Wyden, D-Ore. asked Crow to justify those deductions, especially in light of new information turned up by his committee.
“Any effort to mischaracterize a yacht used as a pleasure craft as a business is a run of the mill tax scam, plain and simple,” Wyden wrote.
Recent Posts
How to Organize Safely in the Age of Surveillance
Take Action Now From threat modeling to encrypted collaboration apps, we’ve collected experts’ tips and tools for safely and effectively building a…
‘The Siege Must Be Broken’: Countries Called to Ship Fuel to Cuba After Trump Tariffs Struck Down
Take Action Now The US Supreme Court’s ruling “implies that Trump’s recent order imposing tariffs on countries selling oil to Cuba exceeds the…
Elite Depravity in Imperial Decline, A Zero Hour Conversation With Richard Wolff
Take Action Now “The system self-selects for psychopathy… the most sociopathically obsessive competitor and accumulator of personal power and…
Economics of Health For All: The Plan to Put Health at the Heart of the Global Economy
Take Action Now At the World Health Assembly in May, member states may endorse an unprecedented strategy declaring that health is not a cost – but…