Biz

Big Boeing Tax Bust

EMPLOYEES AT CORPORATE CRONY KINGPIN BUSTED ON TAX EVASION CHARGES … South Carolina taxpayers have doled out more than $1 billion in “economic development” incentives to Boeing.  Apparently it wasn’t enough, though. How do we know that? According to reporters Dave Munday and David Wren of The (Charleston, S.C.) Post and…

EMPLOYEES AT CORPORATE CRONY KINGPIN BUSTED ON TAX EVASION CHARGES …

South Carolina taxpayers have doled out more than $1 billion in “economic development” incentives to Boeing.  Apparently it wasn’t enough, though.

How do we know that?

According to reporters Dave Munday and David Wren of The (Charleston, S.C.) Post and Courier, eleven employees at Boeing’s North Charleston, S.C. facility have been busted by the S.C. Department of Revenue (SCDOR) on tax evasion charges.

More arrests at the company are imminent, the paper reported.  How many more arrests?

“Dozens,” a source close to the investigation told us.

Wow … Boeing has suspended the first eleven people arrested in connection with this scam.  Will it suspend the “dozens” yet to be popped?

We shall see …

It’s been a bad stretch of late for the king of corporate cronies … with mass layoffs and more mechanical problems with its planes.

As far as we’re concerned, it couldn’t have happened to a nicer group of people.

Seriously … this is the company that threatened to cut jobs if the federal government didn’t keep doling out taxpayer-subsidized goodies.  And then cut them anyway even though the government caved to the threats.

***

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17 comments

tomstickler April 5, 2016 at 9:24 pm

Speaking of state income tax evasion, did all of you fill out Line 26 on your SC1040 this year? If you cheated on your Use Tax, you are no better than the Boeing cheaters. I’m looking at you, Will.

Reply
Bible Thumper April 6, 2016 at 1:07 am

You talking about Amazon.com purchases? No one needs to know about that.

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Busybody Tom April 6, 2016 at 9:17 am

Tom is the paladin defender of government confiscation. So in his mind, everyone needs to be reminded over and over again.

Someone pointing a gun and taking $100 from you is different from government doing the same thing is Tom’s world.

You’re protecting yourself if it’s a mugger and you hide your money, you’re a cheat if it’s the government.

Reply
Guest April 5, 2016 at 9:32 pm

Maybe DOR can get the AG too

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Insider April 5, 2016 at 9:45 pm

DOR Director Rick Reames is the ultimate crony capitalist. Can’t believe he let this happen.

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ruble88 April 5, 2016 at 10:19 pm

Is this Tax evasion personal or Corporate?

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CNSYD April 5, 2016 at 10:39 pm

Its personal but you didn’t really expect Folks to make that clear did you? He can’t mess up his narrative with facts.

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Really? April 6, 2016 at 9:14 am

You don’t find the fact it was all people associated with Boeing, under the same violation, as an indicator that Boeing or it’s policies might have encouraged such a practice?

Reply
euwe max April 5, 2016 at 11:07 pm

Eat the rich

Reply
TontoBubbaGoldstein April 6, 2016 at 12:59 am

Eat the rich

Parliament of Whores

Give War a Chance

Reply
euwe max April 6, 2016 at 1:19 am

“Whether you agree with him or not, P.J. writes a helluva piece.”—Richard Nixon

Reply
Rocky Verdad April 5, 2016 at 11:07 pm

Hey, Trump got she longed by the cheese heads tongith. Were’s Pogo Tango Flippo?

Reply
Flip April 6, 2016 at 8:37 am

Hung over and trying to think of the next wrong prediction?

Reply
mamatiger92 April 6, 2016 at 8:37 am

Bless his heart…..
Trumpism • 2 days ago

Billionaire businessman Donald Trump has taken a 10-point lead over Sen. Ted Cruz (R-TX) in Wisconsin in the final hours before the critical primary on Tuesday, a new poll released on Monday afternoon shows.

Reply
euwe max April 6, 2016 at 12:19 am

I gave up on windows 10 – went back to 7. I’ll wait until they get the bugs out before I try again…. they seem to have problems with cache enhancers and ASUS motherboards.

Windows 7 is solid like XP was.

Reply
Bible Thumper April 6, 2016 at 1:21 am

Only in South Carolina
The name of one of those arrested is ….. are you ready? MIRANDA RIGHTS. No. I am not saying they read her her miranda rights, but hopefully they did. Her actual name is Miranda Rights.

Detective Sergeant Joseph “Joe” Friday knew her well.
1. You have the right to remain silent.
2. Anything you say can and will be used against you in a court of law…..

Reply
The Truth April 6, 2016 at 7:16 am

So much for that great SC Workforce…..

Reply

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