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Re: Hillary Clinton interested in becoming head of World Bank? (WHY are IMF and World Bank Employees EXEMPT FROM INCOME TAX?????) 

By: fizzy in ROUND | Recommend this post (1)
Fri, 10 Jun 11 8:21 AM | 52 view(s)
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Msg. 33352 of 45644
(This msg. is a reply to 33348 by Decomposed)

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Of course, I expect Ms.Slick Willie will forego the exemption and insist on paying income tax out of sympathy for the average American.

So the SAME people who push for higher taxes in governments around the world, the same people who blacklist countries which they deem "tax havens" EXEMPT THEMSELVES!!! I would never do any such thing myself, but I'd like to see these "employees" hunted down and scolded severely in the near future!

Employees of Foreign Governments or International Organizations

"7 Dec 2010 ... You are exempt from U.S. tax by an income tax treaty, ... (IMF) and the International Bank for Reconstruction and Development (World Bank). ..."
www.irs.gov/businesses/small/international/article/0,,id=97284,00.html

my wife works for the World Bank (IBRD) and is exempt of income ...

"5 Jan 2011 ... This is incidentally consistent with IRS website, which indicates that the world bank and the IMF enjoy us income tax exemption per ..."
ttlc.intuit.com/post/show_full/aupGEsgqur4lB7acfAYYe6/my-wife-works-for-the-world-bank-ibrd-and-is-exempt-of-income-tax-how-do-i-reflect-that-on-my-return-so-turbotax-doesn-t-assess-a-tax-due


I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon




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The above is a reply to the following message:
Hillary Clinton interested in becoming head of World Bank?
By: Decomposed
in ROUND
Fri, 10 Jun 11 4:02 AM
Msg. 33348 of 45644

Hillary Clinton interested in becoming head of World Bank?

Hillary Clinton, President Barack Obama's Secretary of State, has been in discussions with the White House about stepping down from her foreign policy job next year to becoming head of the World Bank, it has been reported.
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By Toby Harnden, Washington
10:24PM BST 09 Jun 2011

Mrs Clinton, the former First Lady, Senator for New York and rival to Mr Obama in the 2008 Democratic primary race, is said to be eager to become the first female president of the World Bank should the post become vacant next year.

"Hillary Clinton wants the job," a source close to Mrs Clinton told Reuters, which broke the news of the possible move.

Robert Zoellick, a former Bush administration official, is believed to be ready to step down as president at the end of his term in the middle of next year.

Mrs Clinton has made clear she does not want to remain US Secretary of State, a gruelling job demanding months of world travel each year, beyond Mr Obama's first term.

Another source told Reuters that Mr Obama supported her taking the helm at the World Bank, which is traditionally led by an American.

Once formally nominated for the post by Mr Obama, Mrs Clinton's appointment would require approval by the 187 member countries of the World Bank.


Full story: http://www.telegraph.co.uk/news/worldnews/northamerica/usa/8567112/Hillary-Clinton-interested-in-becoming-head-of-World-Bank.html


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