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Re: GOP Mega-Donor Robert Mercer Part of Massive $7 Billion Tax Settlement With IRS 

By: oldCADuser in FFT4 | Recommend this post (3)
Fri, 03 Sep 21 6:26 PM | 24 view(s)
Boardmark this board | FFT4 		Msg. 00576 of 16790
(This msg. is a reply to 00569 by clo2)
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“Renaissance’s board eventually concluded that the interests of our investors from the relevant period would be best served by agreeing to this resolution.”

How about the interests of the American people who were being screwed because these guys had been cheating the government and not paying their fair share of taxes?




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The above is a reply to the following message:
GOP Mega-Donor Robert Mercer Part of Massive $7 Billion Tax Settlement With IRS
By: clo2 in FFT4
Fri, 03 Sep 21 1:03 PM 		Msg. 00569 of 16790

GOP Mega-Donor Robert Mercer Part of Massive $7 Billion Tax Settlement With IRS

A new settlement with the Internal Revenue Service will require executives at Renaissance Technologies to pay “approximately $7 billion in back taxes, interest and penalties,” according to The Wall Street Journal. The settlement, which reportedly may be the largest ever of its kind, includes an additional $670 million contribution from James Simons, the billionaire founder of the quantitative hedge fund. Robert Mercer, a major backer of Donald Trump, is also a party in the deal. “We engaged for several years in the IRS Appeals process,” Renaissance’s CEO Peter Brown wrote in a letter obtained by the Journal. “Renaissance’s board eventually concluded that the interests of our investors from the relevant period would be best served by agreeing to this resolution.”

Read it at The Wall Street Journal
http://www.thedailybeast.com/gop-mega-donor-robert-mercer-part-of-massive-dollar7-billion-tax-settlement-with-irs?via=newsletter&source=DDMorning

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