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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Thursday, September 02, 2010

Taxing accounting

Who knew political campaigns were a source of tax revenue? Apparently not a growing list of candidates.

The Globe tells us two more Democrats
-- Lt. Gov. Tim Murray and Auditor hopeful Guy Glodis -- have been snagged for failure to pay state taxes on investment interest generated when campaigns park contributions in bank CDs. And we discovered that Martha Coakley's AG campaign also had some issues too.

Yesterday, erstwhile Democrat Tim Cahill apologized for his lapse and ponied up $24,000.

It should be extremely embarrassing for any and all candidates to have employees who don't know the rules. But there may be a little extra embarrassment for Glodis, running for an office that will monitor the state's books, to continue to insist he's right -- at least as far as federal taxes are concerned.

I can only imagine it won't be long before someone calls for a tax break for these poor beleaguered souls.

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3 Comments:

Anonymous dfsquared@gmail.com said...

What is the source for your quotation on Jan 20, 2010 of Edward J. King's election strategy of "putting all the hate groups in one pot in letting it boil"? I remember something close to this, but that King himself had said it, not a crony -- that his strategy was "to stir up all the hate issues." It was a very revealing comment and I would like to document it. So far, you're the only one on the web I've seen using something close to what I remember.

September 02, 2010 10:55 PM  
Anonymous Anonymous said...

Don't know the author's source, but see here: http://theweek.com/bullpen/column/205792/the-republican-war-on-the-constitution

September 03, 2010 1:23 AM  
Blogger Outraged Liberal said...

Thanks Anonymous. My source is my memory. To my recollection, Angelo Berlandi uttered it on primary night 1978. I had a hard time on "deadline" finding something from the pre-web era. With a little time I found this:

http://www.time.com/time/magazine/article/0,9171,948674,00.html

September 03, 2010 7:56 AM  

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