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|Yes, but Did Senator Reid Pay His Tithing? (updated)|
Oct. 12th, 2006 at 3:20 pm
Update 2: This just in: The “other side” article linked to below appears to be altogether mistaken. Evidence indicates that Senator Reid did receive the entire purchase price of the land ($400,000) from the LLC in return for selling it to the LLC; his failure to report the transaction was no mere technicality. Since Senator Reid was completely compensated for the land when he sold it to the LLC, the $1.1 million recently paid Senator Reid by the LLC after the LLC sold it was 100% profit. Thus, Senator Reid does appear to be liable for tithing on $1.1 million.
Update 1: The other side of the story makes the claim that this is a hatchet job by trying to make it appear that a transfer of assets to an LLC is not a sale and by ignoring the fact that Reid did not report the handsome profit that the LLC paid to him after selling it. Also, apparently Senator Reid would be liable for tithing on no more than $700,000.
Well known Mormon and Senate Minority Leader Harry Reid recently made
The Associated Press news article accuses Reid of doing business with the mob and using his influence to manipulate zoning ordinances. The article is long, but well worth reading. It says, in part:
We’re supposed to be honest in all our dealings with our fellow man. We also believe in obeying, honoring, and sustaining the law.
But what I’m dying to know is this: Did he pay tithing on it?