Remember when Beto O'Rourke was the Democrats flavor of the month? There was a pandering plethora of praise about the Texan who was the newest star in the Democrat sky. He was proclaimed a front runner for 2020. Well that was soooo last month. Right now, Beto is sinking below the surface on his way to join the Titanic as a showy model that didn't even make it halfway through its first voyage. Just yesterday, another blow for this trend was struck. Beto released his tax returns and three things stood out.
First, Beto is wealthy. He and his wife had income of nearly $400,000 in 2017, the latest year for which the returns were released. A big chunk of this income comes from investments that indicate a high net worth. That's not a big deal, but it's important in the context of the next two items.
Second, the O'Rourkes aren't very charitable. This wealthy couple donated about one third of one percent to charity. That's a remarkable stingy approach to charity.
Third, the returns released were wrong. Within an hour or two of the release of the returns, O'Rourke announced that it was pointed out that he and his wife had made an "error" on their 2015 return so he was going to file an amended return and pay an additional $4000 or so to the government in taxes. This was not a far out mistake; it was one that was so obvious that the public saw it in an hour and Beto was forced to admit it right away. Indeed, one has to wonder if it was a "mistake" or intentional. I have no way of knowing this, but somehow I doubt that the accountant got this so wrong.
First, Beto is wealthy. He and his wife had income of nearly $400,000 in 2017, the latest year for which the returns were released. A big chunk of this income comes from investments that indicate a high net worth. That's not a big deal, but it's important in the context of the next two items.
Second, the O'Rourkes aren't very charitable. This wealthy couple donated about one third of one percent to charity. That's a remarkable stingy approach to charity.
Third, the returns released were wrong. Within an hour or two of the release of the returns, O'Rourke announced that it was pointed out that he and his wife had made an "error" on their 2015 return so he was going to file an amended return and pay an additional $4000 or so to the government in taxes. This was not a far out mistake; it was one that was so obvious that the public saw it in an hour and Beto was forced to admit it right away. Indeed, one has to wonder if it was a "mistake" or intentional. I have no way of knowing this, but somehow I doubt that the accountant got this so wrong.
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