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Arnold screwed the state for $800,000 in sales tax

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nothingshocksmeanymore Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 01:20 AM
Original message
Arnold screwed the state for $800,000 in sales tax
Senate chief asks Schwarzenegger to return jet sales tax money
Democratic state Senate leader John Burton said Thursday that Republican candidate for governor Arnold Schwarzenegger should pay nearly $800,000 in sales taxes he avoided while buying a corporate jet in 1990.

The Associated Press reported Wednesday that instead of just buying the $12 million Gulfstream III -- which would have triggered a sales tax of between $765,000 and $796,000 -- Schwarzenegger purchased the stock of G-3 Charter Corp., which owned the jet.
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2003/10/02/state2041EDT0287.DTL
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not systems Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 01:25 AM
Response to Original message
1. Undaunted hypocrisy
A Schwarzenegger spokeswoman said Wednesday the transaction means
"the voters of California should feel confident that this is a man
that is smart with his money."

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E_Zapata Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 01:32 AM
Response to Reply #1
2. No, more like this is a guy who has way too much money
to ever understand what a hike of $200 a month to heat your home actually means.
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stickdog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 01:42 AM
Response to Reply #1
4. Yep, And when he's the Governator, he and all his rich friends will
be that "smart" with our money!
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juajen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 01:41 AM
Response to Original message
3. This is typical of the very rich
They rarely pay taxes. There's always a loophole they can skate through.
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nothingshocksmeanymore Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 10:34 AM
Response to Reply #3
6. Or as John Burton says, fly a plane through
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Democat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-03-03 02:00 AM
Response to Original message
5. More for the Arnold recall campaign
If he steals this, they better go after him with enthusiasm that makes the Clinton impeachment look wimpy.
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