They should have known that this is how Democrats are…
Former staffers for failed presidential candidate Mike Bloomberg were recently hit with ridiculous tax bills that were much higher than they expected.
A report from Politico states, “In interviews, former Bloomberg aides said they were stunned by the high amounts, examples of which were reviewed by POLITICO. One staffer was shown to have been compensated more than $50,000 than they earned. In another case, a former staffer’s gross amount was about $25,000 more. Others had incomes that were in the range of $10,000 more than what they were paid.”
“A Bloomberg campaign spokesman told POLITICO that the aides were paid more during the campaign to account for the higher tax burden, though not all of the ex-aides said they were aware of the arrangement at the time. The spokesman added that Bloomberg’s accountants had no choice but to lump fringe benefits in with the salaries given their interpretation of tax law.”
Bloomberg campaign staffers have also filed a lawsuit against him for retracting his promise of having jobs through November.
Read the whole article here.