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
‘Shameful Assault on Human Rights’: Trump Sanctions Palestinian Orgs That Called for UN to Investigate Israeli War Crimes
Take Action Now The former executive director of Human Rights Watch said Trump’s “answer to Israeli atrocities is to censor reporting on…
Hegseth Doesn’t Rule Out Regime Change In Venezuela, Suggests More U.S. Strikes On Boats Are Coming
Take Action Now When asked if the goal was regime change in Venezuela, Hegseth said that was a “presidential decision” and added that “we’re prepared…
Secretary Kennedy Doesn’t Care About Long COVID Patients
Take Action Now Reckless funding cuts have dealt a significant blow to ongoing research, derailing NIH-funded clinical trials on antivirals and…
Gaza’s Looming Cancer Epidemic
Take Action Now The Many Ways Bombs Can KillBy Joshua Frank, Tom Dispatch A week after the Hamas attacks on October 7, 2023, a large explosion…