The Senate Finance Committee chair said he “should inform the committee exactly how much debt was forgiven and whether he properly reported the loan forgiveness on his tax returns and paid all taxes owed.”
By Jessica Corbett. Published 10-26-2023 by Common Dreams
The U.S. Senate Finance Committee on Wednesday released a report detailing how embattled Supreme Court Justice Clarence Thomas may have had a substantial amount of a loan for a luxury RV forgiven by a wealthy friend—which one watchdog called “a serious ethics issue.”
The panel’s probe was sparked by New York Times reporting from August about Anthony Welters loaning Thomas money to buy a used Prevost Le Mirage XL Marathon, or “the Rolls-Royce of motor coaches,” which cost $267,230 in 1999. Welters told the newspaper that “the loan was satisfied” and provided a photograph of the title with his signature and a handwritten “lien release” date of November 22, 2008.
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