Howie Carr: Elizabeth Warren's castoffs? Priceless! (Squaw heap big tax cheat alert)

Boston Herald ^ | October 3, 2018 | Howie Carr

[Zakeet]

More than three years ago, Sen. Elizabeth Warren told the Internal Revenue Service that she had donated $50,000 in used clothing and "household items" to local thrift stores in 2014.

Fifty grand worth of clothes! Donated! In one year.

That was the fake Indian’s story and she was sticking to it - until late yesterday afternoon, after we inquired about her rather, uh, profligate spending habits.

Suddenly, the fake Indian's story changed.

The totals, her flack said, were "entry errors."

Hey, Senator, glad I could be of service, in helping you correct your false filing. (And I assume the returns, signed under pains and penalties of perjury, will now be corrected.)

[Zakeet]

Me Cherokee Princess name of Gray Beaver ... me on heap big warpath against man who say bad things about squaw ... Howie more full of crap than herd of buffalo that eat too much green grass ... does Howie know-em how hard it is to shoot and skin deer to make fine buckskin war shirt ... has Howie ever try to make-em moccasins from bear hide ... has Howie how expensive is fine jug to carry firewater ... does Howie know how hard it is to change Cherokee wampum into White Man's dollars ... Howie need to quit say bad thing about squaw!

[Parmy]

But, the clothes had sweat and other stains ingrained into the fabrics. Not fit for a fake Cherokee Princess to wear.

[thesligoduffyflynns]

What a great afternoon it is going to be in listening to

Howie Carr today @ 3pm on WRKO

https://wrko.iheart.com/

yt also carries a live stream of his show.

This one is going to be a doozie-you know, shredding

fauxcohontas & all

[Dr. Sivana]

Wow, even Clinton itemised. That’s a lot of $1 pairs of under shorts!

[ExTexasRedhead]

Years ago, I was told that you can only claim 25% of the value of an item that is donated. If she claimed $50,000, then the value of the items she donated should have been $200,000. For clothes? Wow! If the items weren’t worth $200,000, then The Faker may need to recalculate and refile her tax returns, ya think?

[Oldeconomybuyer]

Bump

[EC Washington]

Howie started on Liawatha yesterday - it was great! You can also listen to Howie on line at WFEA AM

[Repeal The 17th]

“... I was told that you can only claim 25% of the value of an item that is donated ...”
-
You were told wrong.

[Bringbackthedraft]

When YOUR Party controls the IRS, no problem!

[SgtHooper]

One site commenter aptly named her: Liawatha Sacoshit! LMAO

[ExTexasRedhead]

Then the IRS told me wrong because that’s who I called!!

[WKUHilltopper]

Imagine the IRS audit anyone of us would get if we claimed 50k in donated items?

She won’t. Because laws only apply to the chumps. Not them.

[butlerweave]

OK , who’s the tax evader now

[thesligoduffyflynns]

warren is so stupid by my account on this clothing bit.

Maybe she’s just too damn lazy . She thinks she knows all

about money but if she took her clothing & accoutremonts

to a consignment shop she’ make something off of it...

pardon my cynicism

[Repeal The 17th]

According to the Internal Revenue Service (IRS),
a taxpayer can deduct the “fair market value” of clothing,
household goods, used furniture, shoes, books and so forth.
“Fair market value” is the price a willing buyer would pay for them.
-
https://www.amazinggoodwill.com/donating/IRS-guidelines

[ExTexasRedhead]

Go to a Thrift Store and see what they charge for used items. I paid $5 for a $100 pair of Miss Me jeans. I paid $6 for a pair of tennis shoes worth $125 new.

I was told the same thing by a CPA who prepared my taxes. Padding donations is, IMO, an At Risk deal. If you ever have to prove a deduction that is ridiculous.

[ladyjane]

Then the IRS told me wrong because that’s who I called!!

You must have got Lois Lerner on the phone and she thought you were a Democrat

[Opinionated Blowhard]

If she claimed $50,000, then the value of the items she donated should have been $200,000. For clothes?

Eh. That's just one or two of the designer gowns that were "donated" to Michelle Obama for formal White House events.

[IamConservative]

I’ve used eBay to see what things are selling for.