New house speaker's latest financial disclosure

[Nostra]

Financial disclosure starts at $1,000 in total bank accounts in any one bank or financial institution. Every month a congressman gets a $14,500 check. Which if deposited into the bank, certainly triggers having over $1,000 in a bank

They are required to do direct deposits. Maybe he splits up his direct deposits among 20 shell LLCs. You Dimwingers have no problem with that, right?

 

[Crepitus]

lol why does that bother you?

The question is why doesn't it bother you? It's a HUGE red flag. A guy with a net worth of over a million dollars and no reported assets?

 

[Crepitus]

Ever thought he could have everything in a trust? His income could be going to the trust and the trustee could be paying his bills. If that's the case, it's a smart way to do it.

.

That's an asset. It should be listed.

Besides, he's a MAGAt republican, It's much more likely to be something illegal. It's just what they do.

 

[Crepitus]

They are required to do direct deposits. Maybe he splits up his direct deposits among 20 shell LLCs. You Dimwingers have no problem with that, right?

They would still total over $5K and need to be reported.

 

[Crepitus]

And when there's a reason to think something illegal happened, we can care.

That's a reason to think that something illegal happened.

 

[Crepitus]

The daily beast freaked out that a moral, conservative man became speaker

Not even close.

 

[frigidweirdo]

Charity? Taxes? Or perhaps we're buying into Fake News which is the norm, these days.

You think he takes his salary and just pumps it straight into a charity? And how does he pay this charity? With cash?

What are you talking about fake news for?

 

[Billiejeens]

Not even close.

Actually, it is exactly that.
100%

 

[Billiejeens]

That's an asset. It should be listed.

Besides, he's a MAGAt republican, It's much more likely to be something illegal. It's just what they do.

Stuff that shit up your ass.

 

[StoneCold]

Check the Cayman Islands.

Or his shell corporations.
POS45: 500+ NO PROBLEM
Joe Biden: 1 or 2 MAJOR CORRUPTION
Private Citizen Hunter: maybe 20. MAJOR CORRUPTION
SOH Mike Johnson 1(?) No problem

 

[Nostra]

They would still total over $5K and need to be reported.

How? $14 k less taxes means splitting up about $10 k among 20 shell LLCs.

That would be well below the $1000 reporting threshold.

You suck at math.

 

[Crepitus]

Stuff that shit up your ass.

You're pissed because you know I'm right.

 

[Crepitus]

How? $14 k less taxes means splitting up about $10 k among 20 shell LLCs.

That would be well below the $1000 reporting threshold.

You suck at math.

totaling over $5K.

 

[Tom Paine 1949]

Whatever the truth is, Forbes says:

Mike Johnson Net Worth (FORBES) $5 Million Assets - Net Worth Club 2024

Mike Johnson’s net worth is estimated to be $5 million. Mike Johnson is the United States Representative for Louisiana’s 4th congressional district. He is a member of the Republican Party. He is...

www.caclubindia.com

It may be that God himself personally told Mike Johnson he could lie and omit his real estate and other holdings, or perhaps he put them all in the name of a church he controls is Minister of. Could his wife or kids own every last thing? Of course he might have spent his money on gay lovers! — but that is probably too much to hope for. Hope it is a scandal though. Couldn’t happen to a more deserving guy … and party.

Perhaps the real estate “mansion” that Forbes mentions is really just that huge Noah’s Ark that Mike Johnson has promoted? How does one value a giant life-saving Ark that has never floated and probably never will? Can one value the animals within? Has it opened yet at least as a little amusement park and religious tourist trap?

Anyway, we know all Trump Republicans have difficulty valuing property consistently … so maybe we should just accept that and allow bygones to be bygones …

 

[Fort Fun Indiana]

Whatever the truth is, Forbes says:

Mike Johnson Net Worth (FORBES) $5 Million Assets - Net Worth Club 2024

Mike Johnson’s net worth is estimated to be $5 million. Mike Johnson is the United States Representative for Louisiana’s 4th congressional district. He is a member of the Republican Party. He is...

www.caclubindia.com

That's not Forbes

 

[Tom Paine 1949]

Maybe he really is just deep in debt from mortgages and personal debts from campaigning. Maybe he has just always figured “God will provide” … or some rich donors. Guess we’ll find out soon.

 

[lantern2814]

Ever thought he could have everything in a trust? His income could be going to the trust and the trustee could be paying his bills. If that's the case, it's a smart way to do it.

.

Given he has 2 kids in college, his family home, has to keep a place in DC, pay bills on both places. It’s better to have a trustee paying things and looking over everything.

 

[lennypartiv]

The Church of Mike Johnson. Sounds good to me.

 

[DudleySmith]

S Corp vs C Corp - Differences & Benefits

Learn about the benefits of each type of incorporation, such as limited liability protection & document filings, as well as the differences, such as taxation, ownership, & more.

www.wolterskluwer.com

 

[Billiejeens]

You're pissed because you know I'm right.

I know that you are never right.