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Shocker: Sharpton Owes US Gov’t $500K

From an outraged (at this audit) Associated Press:

Audit: Sharpton campaign owes US nearly $500,000

By DEVLIN BARRETT, Associated Press Writer

Sat Nov 15

WASHINGTON – Federal auditors have concluded the Rev. Al Sharpton’s 2004 campaign owes the government nearly $500,000 for illegal donations and other financial improprieties. Sharpton has been feuding with the Federal Election Commission for years over his accounting in his failed run for president, for which he received $100,000 in so-called government matching funds that authorities later concluded he did not deserve because he hadn’t followed campaign laws.

The auditors have now determined that Sharpton owes $486,803 to the U.S. Treasury because of his campaign’s taking improper donations, largely from the National Action Network, a not-for-profit corporation that Sharpton leads but is separate from his campaign committee

Sharpton’s campaign finances came under scrutiny as he campaigned, speaking at churches where he collected “love offerings” that are common to traveling preachers…

Some of the costs were paid by the National Action Network, some by a different company called Rev-Als Production Inc.

“Virtually no effort appears to have been made by Sharpton 2004, the candidate, NAN, or Rev-Als. Production Inc. to keep any sort of detailed records demonstrating what payments paid for which travel,” the report found, noting what it called the campaign’s “nearly complete failure to produce any information on this subject in the course of the audit.”

The FEC audit is just the latest in a long list of money problems for Sharpton.

Last summer, federal prosecutors decided not to seek criminal charges against him over unpaid taxes after a lengthy grand jury investigation.

The IRS obtained a $931,397 lien against Sharpton. City and state officials said he owned them another $933,577. Separately, the National Action Network said in its most recent tax filing that it owed at least $1.9 million in payroll taxes and related interest.

This is absurd. The Reverend is simply redistributing our wealth to himself.

Why shouldn’t he get a piece of our pie?

And speaking of pie, remember that the Obama campaign will not be audited. Ever.

Even though Obama raised more than three quarters of a billion dollars — much of it from highly questionable (probably illegal) sources.

That’s what’s known as “transparency.”

Isn’t the Third World grand?

This article was posted by Steve on Saturday, November 15th, 2008. Comments are currently closed.

5 Responses to “Shocker: Sharpton Owes US Gov’t $500K”

  1. proreason says:

    Obamy will take care of Al’s little issue.

    He will be taking care of all of his supporters, in the long tradition of Chicago politics.

  2. curvyred says:

    How dare they expect him to follow the “white man’s law” *sarcasm*

  3. Liberals Demise says:

    Well, this certainly doesn’t pass the dead fish smell test!! Why is it that our Gov’t. is afraid to prosecute rable rousing Black Crusaders? You and I would be in Crossbar Hotel for less than 1/2 the money stated in this article. It must be nice to know that if you are fudging the books and claiming stupidity and you happen to be a notorious hater…..you get a FREEBIE from Uncle Sugar. Wonder how Don Imus reported this?

  4. sheehanjihad says:

    I remember fondly about ten years ago how the IRS hammered me because they say I owed them three dollars more. Yup, three dollars. Six months of threatening letters, the final straw being a threat to seize my bank accounts and take me to court, and now I owed NINE dollars because of penalties and interest, I gave up and paid it.

    It took almost another year of back and forth because after I sent them the nine dollars, they sent me a form that required me to say it was ok with me, and that I agreed with the “resolution”. I wouldnt send it of course, and the letters started again, then more threats of legal action, so I sent the damn thing back blank. I didnt hear from them again.

    I am not making this up, it’s one of the stupidest things I have ever experienced, yet I see people who cheat the government out of thousands every year get away with it. (my ex wife especially) Sharpton’s pass on what he owes doesnt surprise me in the least. The IRS will only go after those who are least able to defend themselves. Nothing has changed.

  5. BillK says:

    Recall Melissa Etheridge has stated she won’t pay California Income Taxes any longer due to Prop. 8.

    Somehow I doubt the California Franchise Tax Board will be going after her anytime soon, either.

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