And that was only 60 years ago.
I’ll send over my old Monopoly money…
A maroon who is trying to cheat on his taxes.
A financial genius in the Trumpian mold.
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Sounds like a padded IRS deduction for 3 kids, where 2014 child care costs can average about $10K. However, $20K per child is not unheard of for “private” child care and instruction. Add penalties and interest.
What is unheard of is that this was an “accident” and Moore did not receive notice from IRS because he “moved”.
Please.
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The Moore couple also said they have overpayed taxes by $50K recently and expect a refund, so hold your GoFundMe campaigns…
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The facility must be in Trump Tower.
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He’s never going to make it onto the Fed board but if he does the rest of the Board is likely to tell him to sit still and shut the fuck up.
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Yeah, but $40 was big money in 1965 (not).
Clear example of Pay-to-Play Deep State.
And who believed the GOP branding of themselves as the Party of Personal Responsibility. They are the Party of Whiny Lame Excuses.
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This is one of those things that is just mind-boggling. Sure, keep plenty of random audits for people with any income, to keep folks on their toes. But wealthy people have way more opportunities to cheat on their taxes, what with various loopholes and deductions and shelters and so on. Plus the amounts at stake are much higher, so more motivation on their part. It’s a risk/reward ratio that is so much in their favor. On top of all they, they have the resources to deal with audits, in a way that poor (or even middle class) people simply do not.
In fact, the amounts are so high that hiring people to look more closely at wealthy people’s taxes would be a self-funding project for the IRS. Not just from the obvious fines and recovered taxes from cheating they’d find directly, but by keeping other people in those higher brackets more honest.
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According to a Wednesday Bloomberg report, Moore’s wife, Anne Carey, said that the debt stems from a mistaken deduction Moore took for alimony and child care to his former wife, when only alimony is deductible.
So he’s qualified to be on the Fed’s Board of Governors since he cannot even get his own taxes straight…got it. 
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Only the best . . . . slimy swamp creatures. . . only the best.
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Moore is not an economist, but he plays one on Fox TV.
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The article didn’t say he accidentally claimed a $75,000 deduction that he should not have; it said he owed that much. To owe over $75,000, the actual deduction had to be much greater.
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If we have a tax cheat in the White(s Only) House, why not?
Even if interest from 2014 has nearly doubled the number, that’s about $40K in actual money, which would mean a “mistaken” deduction on the order of $100K. I want to see his ex’s child support agreement.
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Good point. Deduction does not equal actual IRS payment. There is something else afloat to get his tax liability up to $75K. This stinks to high hell.
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And thinks that he is a qualified economist.