FBI Investigates Rep. Gary Miller

Another Republican Representative from California is under investigation, according to the NY Times.

The Federal Bureau of Investigation is investigating whether Representative Gary G. Miller, Republican of California, improperly used an unusual tax provision to avoid paying capital gains taxes on profits from land sales to California cities, law enforcement and government officials said.

Miller avoided taxes on the sale of property in Monrovia by obtaining a letter from the City "suggesting that the land could be condemned." There was no apparent risk that the City would use its power of eminent domain to take the property. Miller may have used the same scheme to avoid taxes on the sale of property in Fontana.

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  • Display: Sort:
    What is it.... (none / 0) (#1)
    by TomStewart on Sun Feb 04, 2007 at 01:50:39 PM EST
    With politicians and real estate? Can't they buy and sell by the rules?

    Silly, silly pols.

    TomS (none / 0) (#2)
    by jimakaPPJ on Sun Feb 04, 2007 at 02:38:06 PM EST