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IRS Has Audited Sheldon Adelson, Graham, Others

From the Daily Caller:

Frank VanderSloot: ‘I’m not the only’ major Mitt Romney donor audited

By Jamie Weinstein | May 14, 2013

Billionaire businessman Frank VanderSloot, a major Mitt Romney super PAC donor who was subjected to three federal agency audits after being slimed by the Obama campaign, says he isn’t the only one of his peers who was audited after donating to Romney.

VanderSloot, who was also national co-chair of the Romney campaign’s finance committee, was described in an April 2012 Obama campaign Web posting as one of eight “wealthy individuals with less-than-reputable records.”

Shortly after the post appeared, VanderSloot was subjected to two Internal Revenue Service audits — one focusing on his personal financies [sic], the other related to his business interests — and a Labor Department audit of one of his businesses. When asked about whether any of the other seven donors who appeared on the list were audited as well, VanderSloot spoke cautiously, but did say he “wasn’t the only one.”

“I talked to only a handful of them since,” VanderSloot said. ”I’ve reached out to all of them. But only got calls back from a handful and most of the responses were they’re just laying low, you know, they took their own beatings and they don’t want any more of it and they don’t want to even talk about this.” …

“I don’t know that everybody [that] was on it [was] audited,” he went on. “I don’t know how many were. I know that I’m not the only one. I do know that.” …

VanderSloot says that he passed all the audits with flying colors. “Everything is done. No penalties. No fines,” he said…

But, he added, the audits themselves cost him over $80,000, after taking into account the attorneys, accountants and other professionals he needed to handle them…

But VanderSloot says he has no intention of silencing himself because of the political and media attacks that have been hurled against him, or the suspicious audits…

And we have this report, from the Washington Examiner:

Major GOP donor Sheldon Adelson scrutinized by IRS

By Sean Higgins | May 14, 2013

You may remember the name Sheldon Adelson from the 2012 election. He was the casino mogul who donated $20 million to Newt Gingrich’s campaign. He’s been a generous donor to other conservative groups and causes. He donated at least $53 million in the last election, according to Forbes. Other sources put the figure even higher. He was a big conservative donor in 2008, too.

And, as it turns out, he has been put under a microscope by the Internal Revenue Service as well. The Sunlight Foundation, a nonprofit investigative journalism group, reported last year:

Adelson’s company, the Las Vegas Sands, disclosed in its most recent Securities and Exchange Commission quarterly report that it appealed the results of an Internal Revenue Service audit for the company’s 2005 to 2008 tax returns. The audit may result in as much as $23 million in additional tax payments, although the final amount, the company concedes, is “inherently uncertain.” The IRS also audited Las Vegas Sands’ 2009, and recommended additional payments.

The disclosure linked above in the foundation’s story stated:

In 2010, the Internal Revenue Service (“IRS”) issued a Revenue Agent’s Report (“RAR”) for tax years 2005 through 2008 of which the Company is appealing certain adjustments proposed by the IRS…

During the three months ended September 30, 2011, the IRS completed its field examination of the Company’s 2009 income tax return and issued an RAR proposing certain adjustments that the Company is currently evaluating

From the Politico:

Franklin Graham: IRS targeted us, too

By REID J. EPSTEIN | May 14, 2013

The IRS came after Billy Graham, too, his son charged Tuesday in a letter to President Barack Obama.

Franklin Graham, the president of the Billy Graham Evangelistic Association and the family’s international humanitarian organization Samaritan’s Purse, said that the IRS notified the organizations in September that it was conducting a “review” of their activities for tax year 2010.

With the IRS admitting it gave extra scrutiny to conservative political organizations, Graham says he now believes that the review was part of an Obama administration effort of “targeting and attempting to intimidate us.”

The Billy Graham Evangelistic Association urging of voters to back “candidates who base their decisions on biblical principles and support the nation of Israel” during last year’s presidential race was the reason why IRS agents visited the North Carolina offices of both Graham groups, the letter accuses.

Lest we forget, the Reverend Billy Graham also had the temerity to endorse Mitt Romney on October 11, 2012.

“While these audits not only wasted taxpayer money, they wasted money contributed by donors for ministry purposes as we had to spend precious resources servicing the IRS agents in our offices,” Graham wrote in the letter, which was shared with POLITICO. “I believe that someone in the administration was targeting and attempting to intimidate us. This is morally wrong and unethical – indeed some would call it ‘un-American.”

Graham said that “in light” of the IRS admission that it targeted tea party groups for added scrutiny, “I do not believe that the IRS audit of our two organizations last year is a coincidence – or justifiable.” …

The Graham organizations kept their federal income tax exemptions after the audit — but were not told they’d be able to until after the November election, he wrote…

In other words, it looks like the IRS was trying to get them to shut up until the elections were over.

The IRS review, which Graham wrote involved an IRS agent visiting the two agencies last October, followed the Billy Graham ministry publishing newspaper ads in North Carolina backing a state constitutional amendment banning same-sex marriage. The amendment passed in May.

That is probably what put the target on their backs. After all, the government can’t allow religious leaders to oppose the civil right to same sex marriage. That would be like opposing Obama-Care.

By the way, JFK sicced the IRS on ‘rightwing’ ministers, too.

This article was posted by Steve on Wednesday, May 15th, 2013. Comments are currently closed.

10 Responses to “IRS Has Audited Sheldon Adelson, Graham, Others”

  1. GetBackJack says:

    If left unchecked Power Corrupts

    • Noyzmakr says:

      If the “Left” is in Power then Corruption is Unchecked!

    • GetBackJack says:

      Bada bing baby! excellent

      Go to Cafe Press, make a t-shirt and bumper sticker. It’ll sell!

    • Noyzmakr says:

      You or anyone here has my permission to use it for free.

    • River0 says:

      We should celebrate these scandals for what they really are, revelations of the truth behind the greatest issue of our time. Winston Churchill said it best:

      “Socialism is inseparably interwoven with totalitarianism and the abject worship of the State.”

      “Government of the duds, by the duds, and for the duds.”

      “No socialist system can be established without a political police.”

      “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.”

      “It is not alone that property, in all its forms, is struck at, but that liberty, in all its forms, is challenged by the fundamental conceptions of socialism.”

      “‘All men are created equal’ says the American Declaration of Independence. ‘All men shall be kept equal’ say the Socialists.”

      “Some see private enterprise as a predatory animal to be shot, others look on it as a cow to be milked but a few see it as a sturdy horse pulling a wagon.”

      “If you destroy a free market, you create a black market.”

      “The vice of capitalism is that it stands for the unequal sharing of blessings; whereas the virtue of socialism is that it stands for the equal sharing of misery.”

      “Socialism assails the pre-eminence of the individual.”

      “Is it better to have equality at the price of poverty or well-being at the price of inequality?”

      “The flame of Christian ethics is still our best guide…only on this basis can we reconcile the rights of the individual with the demands of society.”

  2. mr_bill says:

    To hear brick obama explain it, the Labor Dept. targeted conservatives all on its own; the IRS targeted conservatives and Jews all on its own; the ATF/FBI ran guns to meh-hee-co all on its own; the State Dept. acted all on its own in Benghazi, nerobama’s campaign colluded with the IRS all on its own; the Justice Dept. raided the press all on its own; all of these criminals seem to keep doing things without nerobama knowing or having any authorization over the activities of people who work in his administration and campaign.

    We all know nerobama throws a tantrum when people don’t do what he wants: just look at his remarks when his gun-grabbing legislation failed, look at his actions to sidestep Congress when he can’t get legislation passed, look at the way he usurps the Supreme Court in unilaterally declaring a law unconstitutional. He hits the roof when people don’t do what he wants. We’re supposed to believe that he had no direction in any of these actions? Isn’t he the Chief Executive, responsible for his administration? Is he saying that he is such a flaccid “leader” that he can’t keep his subordinates from breaking the law? Is the culture of his administration filled with so much corruption that the everyone feels safe in doing things like this? Is there no communication between nerobama and his cabinet agencies? Five years after Bush left office, nerobama still claims Bush is responsible for everything under the sun, yet nerobama can’t even be held responsible for something that his administration did a few weeks ago?

    I declare shenanigans. Get a broom. Nixon was impeached for less…hint, hint.

    • Noyzmakr says:

      “Is the culture of his administration filled with so much corruption that the everyone feels safe in doing things like this?”


      It’s pretty obvious to anyone who will see that Obama directed all of these schemes.

    • Noyzmakr says:

      Let’s face it. This is Chicago politics gone national.

      There’s no disguising Valerie Jarret’s hand in all of this.

    • captstubby says:

      White House press release;
      “to day the President announced that Office of Attorney General, the State Department, the IRS, the news media, and Congress have gone Rogue.
      senior officials and lawmakers executions to be later announced when the President returns from his fundraiser tour.”

  3. canary says:

    I would be most interested in a list of all media, news, religious journalists, that were audited.

    The US government will soon microchip (pl.) Americans like vaccines. Just start injecting rice size chips like they put in animals, and as they come up with more just inject another.

    Then they will know if you are behind on your micro-chip vaccinations, and be able to add them for the rest of your life. Scan your forehead, shoulders, thighs.

    Prominent Catholic Professor writer audited by IRS felt fear.


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