Senate Inquiry Reveals Justice Thomas's Forgiven R.V. Loan
A Senate inquiry has found that Justice Clarence Thomas failed to repay a $267,230 loan for a luxury motor coach, with the debt eventually being forgiven by his wealthy friend and benefactor. The loan, which had favorable terms, was used to purchase the motor coach that has become a central part of Justice Thomas's public persona. The inquiry raises ethical and potential tax consequences, as Thomas may have violated an ethics rule and the forgiven debt could be treated as income by the IRS. The Supreme Court has faced pressure to adopt stricter ethics rules following reports of undisclosed gifts received by Justice Thomas and his wife.
