Let’s “Scalia” Clarence Thomas
<p>Sonam Sheth of Business Insider has reported that Supreme Court Justice Clarence Thomas had a loan of over $250,000 forgiven in 1999 by a wealthy friend in the Healthcare Industry. Thomas did not report this debt forgiveness on any of his “ethics forms.” The reporter did not disclose if these “ethics forms” were of a federal employment nature, or simply forms submitted to the Senate Finance Committee.</p>
<p>The reporter also did not disclose if this debt forgiveness was listed as income on Thomas’ 1040 Income Tax “Adjusted Gross Income” (AGI) number for tax year 2008. From 1999 to 2008, Thomas made interest-only payments of an undisclosed amount. It was not disclosed how those interest only payments were made — whether they were monthly, annually or “catch as catch can.”</p>
<p><a href="https://medium.com/bouncin-and-behavin-blogs/lets-scalia-clarence-thomas-229895c02a89"><strong>Learn More</strong></a></p>