Thursday, August 7, 2014

Robert "I want to pay more taxes" Redford fights $1.6M tax bill in court



The taxman cometh for actor Robert Redford — but the two-time Academy Award winner is fighting the nearly $1.6 million bill in court, claiming it violates his constitutional rights. - NY Post
Redford was slapped with the whopping fee from the New York State Department of Taxation in May for the sale of his ownership in the Sundance Channel in 2005.

But the Utah resident is balking at the bill because the state constitution says he only has to pay income taxes on “intangible personal property” in his home state.
Robert Redford sues to get his $1.6 million back from the Fair Share pot in NY - HotAir
People like Redford claim the way to make America work better is to pass laws forcing people like them to pay more in taxes. Then, the state of New York forces Redford to pay more in taxes, and my does that tune change...

Imagine how many wind farm subsidies this could fund! Or, film festivals! Look, I have no particular desire to see Redford’s income taxed twice, but I am not an activist for the ideology that loves the estate tax and refuses to recognize that when, say, Mitt Romney pays a lower effective tax rate on income from dividends, it’s partly because that income has already been taxed once.

Further, being that Redford likely falls into the ultra-rich category that would theoretically be made to pay more taxes under the fanciful Buffett Rule President Obama suggested but never had a plan for passing, why not just consider this his fair share tax? He and his super-rich, ideological brethren have been sitting around waiting for the government to force them to pay more, and New York has obliged Mr. Redford. He should count himself lucky.
‘Not very economically patriotic': Robert Redford sues to avoid paying taxes - Twitchy