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
Senators Probe Cash Funneled To Trump IRS Nominee
Take Action Now Citing The Lever’s reporting, top Senate Dems say “unusually timed contributions” to Trump’s stalled IRS nominee Billy Long…
Behind Trump And DOGE’s Reckless Destruction Is A Determination To Crush Workers
Take Action Now The future of collective bargaining and labor rights in the United States is on the table.By Tyler Walicek, Truthout Even the most…
‘A Huge Scandal’: Internal Doc Exposes Trump-Musk Hunt For Social Security Fraud As A Sham
Take Action Now A newly reported document shows that “anti-fraud checks” implemented at the Social Security agency found virtually no…
Israel Wants To Make Gaza Totally Uninhabitable
Take Action Now While airstrikes account for mass casualties, bulldozers and explosives are flattening Gaza from the ground — what soldiers say is a…