In late 2014 the tax exempt Oregon Historical Society sold the Sovereign Apartment building, after owning it more than 30 years. The Society maintains an outstanding board of directors and this was clearly a difficult decision. As part of the sale the society negotiated a long-term lease for itself yet its 44 tenants were last … Continue reading Sovereign Apartment Forced Eviction Highlights Tax Inequity
Month: July 2015
By Mark Maremont, The Wall Street Journal In a blog posting, Bill Parish, a Portland, Ore., investment adviser, called Mr. Bush’s pension plan “aggressive,” in part because the defined-benefit plan assumes a retirement age of 62. That allowed Mr. Bush, who turned 62 in February, to shelter more money more quickly than if the plan … Continue reading Jeb Bush’s Pension Cut His Taxes
By Mark Maremont - July 2, 2015 In the tax returns he released Tuesday, GOP presidential candidate Jeb Bush reported large deductions for payments to “pension and profit-sharing plans.” The payments averaged $350,000 a year for the past five years, far more than most people could contribute to an individual retirement account or 401(k) plan. … Continue reading The Wall Street Journal – Pension Plan Cut Jeb Bush’s Taxes
Update: Within 2 days of this initial post the Wall Street Journal, Washington Post and numerous other major publications did extensive stories on this post. Disclosure: Parish & Company maintains no ties to any Presidential candidate and has a long history of impartial analysis regarding the financial disclosures of political candidates at the local, statewide … Continue reading Jeb Bush Tax Returns – A Closer Look at Unreviewed Companion Documents