Trump's expected Fed pick Stephen Moore owes the IRS $75,000
President Trump's likely nominee for a seat on the Federal Reserve Board, Stephen Moore, owes the government more than $75,000 in taxes and other penalties, Bloomberg reports.
Bloomberg obtained a court filing from January 2018 showing the government won a judgment against Moore for $75,328.80. The filing stated it was for unpaid taxes from the 2014 tax year, and extra penalties could be added. It was filed in Montgomery County, Maryland, where Moore owns a home. Moore, a senior fellow at the conservative Heritage Foundation, told Bloomberg any questions about the lien should go to his wife, Anne Carey.
Carey said that when filling out his 2014 tax forms, Moore accidentally claimed the sum of his alimony and child support payments to his ex-wife, but only alimony is deductible. Moore moved, she said, and never received the IRS notices that he had been audited.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Carey stated the couple will pay the fines as soon as possible, while still disputing the matter. She also said over the last few years, they've paid $50,000 more than they should have to the IRS and want that money refunded when they file their 2018 return. "It was not an attempt at defrauding the U.S. government," Carey told Bloomberg.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
5 criminally underrated cartoons about Pete Hegseth’s war crimeCartoon Artists take on USS Hegseth, rats leaving the sinking ship, and more
-
Can Mike Johnson keep his job?Today's Big Question GOP women come after the House leader
-
A postapocalyptic trip to Sin City, a peek inside Taylor Swift’s “Eras” tour, and an explicit hockey romance in December TVthe week recommends This month’s new television releases include ‘Fallout,’ ‘Taylor Swift: The End Of An Era’ and ‘Heated Rivalry’
-
Trump tightens restrictions for work visasSpeed Read The length of work permits for asylum seekers and refugees has been shortened from five years to 18 months
-
Supreme Court revives Texas GOP gerrymanderSpeed Read Texas Republicans can use the congressional map they approved in August at President Donald Trump’s behest
-
Boat strike footage rattles some lawmakersSpeed Read ‘Disturbing’ footage of the Sept. 2 attack on an alleged drug-trafficking boat also shows the second strike that killed two survivors who were clinging to the wreckage
-
Trump boosts gas cars in fuel economy rollbackspeed read Watering down fuel efficiency standards is another blow to former President Biden’s effort to boost electric vehicles
-
Hegseth’s Signal chat put troops in peril, probe findsSpeed Read The defense secretary risked the lives of military personnel and violated Pentagon rules, says new report
-
Trump pardons Texas Democratic congressmanspeed read Rep. Henry Cuellar was charged with accepting foreign bribes tied to Azerbaijan and Mexico
-
GOP wins tight House race in red Tennessee districtSpeed Read Republicans maintained their advantage in the House
-
Trump targets ‘garbage’ Somalis ahead of ICE raidsSpeed Read The Department of Homeland Security will launch an immigration operation targeting Somali immigrants in the Minneapolis-St. Paul area
