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Mitt’s Boca Moneyman Under Tax Probe!

Posted by , September 18, 2012 Print

When presidential candidate Mitt Romney said in a private, now-controversial fundraiser in Boca Raton that 47 percent of the U.S. population pays no or little taxes, he must’ve been talking about his host.

Marc Leder

Boca Raton’ Marc Leder: In the eye of the Romney storm (Special to Gossip Extra)

Marc Leder, whose Sun Capital Partners hedge fund company is based in Boca, recently surrendered internal papers to the State of New York for a tax-related investigation.

The alleged crime?

You guessed it: Going around tax laws to keep more of the management fees Sun Capital charges clients!

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The now-controversial $50,000-a-plate Romney fundraiser at Leder’s house led to the release of a video that appears to document Romney’s disdain for Barack Obama voters.

And it placed Leder into focus as someone whose post-divorce days led to poolside sex parties.

But New York Attorney General Eric Schneiderman thinks Leder’s partying could have been funded to the detriment of taxpayers.

This summer, Schneiderman has subpoenaed paperwork from Sun Capital Partners, as well as Kohlberg Kravis Roberts & Company, Apollo Global Management, TGP Capital, Silver Lake Partners and even Bain Capital, founded by Romney.

Schneiderman wants to see whether the firms tried to skirt paying state and federal taxes on billions in revenues, according to The New York Times.

The tax strategy under the microscope is the possibly illegal conversion of management fees, taxed high as ordinary income, into capital gains, taxed low.

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5 Comments

  1. Mitt Romney’s Hedge Fund host Marc Leder part investigation in Tax Abuse probe | Hedge Fund News From HedgeCo.Net, 8 months ago Reply

    [...] Link New York (HedgeCo.Net) South Florida gossip columnist Jose Lambiet was the first to connected the dots between host of Mitt Romney’s now infamous $50,000-a-plate dinner party in Boca Raton and an [...]

  2. Toni, 8 months ago Reply

    And you think this would surprise Romney? Why do you think he won’t show the American people his tax returns – because he (like the 47% he disdains) does not pay taxes on his millions of income either. He only showed us the one tax return where he barely paid a 13% tax rate on $20 million. His distain for the middle class is enlightening, he thinks you’re all fools.

  3. Mitt Romney’s Hedge Fund host Marc Leder part of investigation in Tax Abuse probe, 8 months ago Reply

    [...] Florida gossip columnist Jose Lambiet was the first to connect the dots between the host of Mitt Romney’s now infamous $50,000-a-plate dinner party in Boca Raton and an [...]

  4. Milagros, 8 months ago Reply

    Hmmmm! For $50,000 I wonder what they drank and ate. It must be so verrrrrry wonderful being soooooo rich! LMAO!

  5. TIDE ferrari racing,tom davis, 6 months ago Reply

    Terrific,Jose scores again!


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