Tuesday, February 23, 2010

Democratic Donor and L.A. Dodger Owner Paid No Income Taxes From 2004 through 2009 : Pocketed Income of $108 million

The L.A. Times reports:
The McCourts, who own the Los Angeles Dodgers (so she says; he says he's the owner and she's not), jointly pocketed income totaling $108 million from 2004 through 2009, according to documents Jamie McCourt recently filed in the couple's divorce case in Los Angeles County Superior Court.

On that sum, they paid zero federal and state income tax. Jamie suggests that some tax breaks will apply this year too.
This is the same Frank McCourt who gave the Democratic Congressional Campaign Cmte $10,000 on June 30,2009.