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BumRushDaShow

(150,990 posts)
Thu Mar 20, 2025, 05:45 PM Mar 20

US Senate Democrats call on Trump Medicare nominee Dr. Oz to pay $400,000 in avoided taxes

Source: Reuters

March 20, 2025 12:20 PM EDT Updated 5 hours ago


WASHINGTON, March 20 (Reuters) - Dr. Mehmet Oz, the celebrity physician nominated by President Donald Trump to oversee the government's Medicare and Medicaid health plans, should commit to paying over $400,000 in taxes he avoided, two Democratic U.S. Senators said on Thursday.

Senator Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee that will decide whether to advance Oz's nomination to head the Centers for Medicare and Medicaid Services, and committee member Senator Elizabeth Warren of Massachusetts, in a letter to Oz seen by Reuters, said he also should commit to making public his tax filings for the past five years.

Oz may have neglected to pay $403,739 in Medicare taxes on more than $10 million of income from his media company from 2021 to 2023, a review of his financial records by the committee's Democratic staffers showed last week. Oz and Republicans on the committee say an extensive review by the Office of Government Ethics found that he had complied with the law.

The investigation showed that the missing payments stem from requirements for self-employed people. Democrats said they disputed Oz's claim that he qualified for an exemption because he says he was not directly involved in the company's activities. "It defies common sense that you only engaged in limited activity in the LLC which bears your name, which you are a member of, and which owns your media company," Wyden and Warren wrote.

Read more: https://www.reuters.com/business/healthcare-pharmaceuticals/us-senate-democrats-call-trump-medicare-nominee-dr-oz-pay-400000-avoided-taxes-2025-03-20/



Link to Sen. Warren and Sen. Wyden PRESS RELEASE - Warren, Wyden Slam Trump Health Nominee Dr. Oz for Medicare Tax Avoidance

Link to Sen. Warren and Sen. Wyden LETTER (PDF) - https://www.warren.senate.gov/imo/media/doc/warren_letter_to_drozretaxavoidance1.pdf
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US Senate Democrats call on Trump Medicare nominee Dr. Oz to pay $400,000 in avoided taxes (Original Post) BumRushDaShow Mar 20 OP
Before he is ever nailed DENVERPOPS Mar 20 #1

DENVERPOPS

(11,789 posts)
1. Before he is ever nailed
Thu Mar 20, 2025, 06:02 PM
Mar 20

or any other Uber Rich Politicians, or UBER rich Republican Oligarchs,

Trump will have dissolved the IRS, except for people earning under 100K a year........And then the Corporations will continue to deduct Fed Taxes, State Taxes, Un-employment, Worker's comp, Social Security Medicare etc........But the Corporations will just pocket the money, and not send it in.........

There are countless reports of this happening, almost exclusively with un-documented workers....

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