Tag

Yacht Trips

All articles tagged with #yacht trips

"NRA Chief Wayne LaPierre Testifies on Lavish Yacht Use in Corruption Trial"
legalcriminal-justice2 years ago

"NRA Chief Wayne LaPierre Testifies on Lavish Yacht Use in Corruption Trial"

During the civil trial against NRA leader Wayne LaPierre, photographs of luxury yachts he used on a vendor's dime were displayed in court, revealing trips to the Mediterranean, Caribbean, and Aegean seas. LaPierre admitted to staying on the yachts with his family but argued that they were not gifts as the vendor was a friend. The trial also revealed invoices for expensive private jet travel, and the New York Attorney General accused LaPierre of millions of dollars in self-dealing. The trial is expected to conclude soon, with potential implications for the future leadership of the NRA.

"Tax Savings Ahoy: Harlan Crow's Clarence Thomas Cruises"
politics2 years ago

"Tax Savings Ahoy: Harlan Crow's Clarence Thomas Cruises"

Harlan Crow, a billionaire GOP donor, has been engaged in a battle with Congress over disclosing his gifts to Supreme Court Justice Clarence Thomas, including trips on his yacht. Tax data obtained by ProPublica reveals that Crow's voyages with Thomas helped reduce his tax bill, raising questions about his compliance with the tax code. Crow's yacht company, Rochelle Charter Inc., reported net losses totaling nearly $8 million from 2003 to 2015, but there is no evidence that it was a profit-seeking business as required by law. Congress is interested in investigating potential tax evasion by the ultrarich who use yachts to exploit tax laws.