{"id":163808,"date":"2021-02-23T09:48:07","date_gmt":"2021-02-23T14:48:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=163808"},"modified":"2021-02-23T10:29:50","modified_gmt":"2021-02-23T15:29:50","slug":"former-bloomberg-presidential-campaign-staffers-hit-with-tax-bills-on-income-higher-than-their-salaries","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-bloomberg-presidential-campaign-staffers-hit-with-tax-bills-on-income-higher-than-their-salaries\/","title":{"rendered":"Former Bloomberg Presidential Campaign Staffers Hit With Tax Bills On Income Higher Than Their Salaries"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fformer-bloomberg-presidential-campaign-staffers-hit-with-tax-bills-on-income-higher-than-their-salaries%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=163808&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/GettyImages-1210412506.jpg?w=1200&#038;h=800&#038;ixlib=react-9.0.3\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>Former staffers for Mike Bloomberg\u2019s short-lived presidential campaign have been shocked to find out that their tax bills are much higher than they anticipated, with their income listed tens of thousands of dollars more than their previous salaries.<\/p>\n<p>Politico <a href=\"https:\/\/www.politico.com\/news\/2021\/02\/23\/bloomberg-aides-2020-tax-471109\">reported<\/a> Tuesday that former aides have started receiving their tax forms, which list higher incomes due to paid housing and other benefits they received while working for the failed presidential campaign.<\/p>\n<p>\u201cIn interviews, former Bloomberg aides said they were stunned by the high amounts, examples of which were reviewed by POLITICO. One staffer was shown to have been compensated more than $50,000 than they earned. In another case, a former staffer\u2019s gross amount was about $25,000 more. Others had incomes that were in the range of $10,000 more than what they were paid,\u201d Politico reported.<\/p>\n<p>Representatives for the Bloomberg campaign reportedly told the former aides that these additional taxes they\u2019re told they owe were already paid for by the campaign.<\/p>\n<p>\u201cA Bloomberg campaign spokesman told POLITICO that the aides were paid more during the campaign to account for the higher tax burden, though not all of the ex-aides said they were aware of the arrangement at the time. The spokesman added that Bloomberg\u2019s accountants had no choice but to lump fringe benefits in with the salaries given their interpretation of tax law,\u201d Politico reported.<\/p>\n<p>The staffers told the outlet that the inflated incomes may keep them from receiving Obamacare subsidies, student loan debt forgiveness, coronavirus stimulus checks, or unemployment.<\/p>\n<p>This is just the latest controversy surrounding the former mayor of New York City\u2019s presidential campaign, which lasted just 104 days despite spending more than $1 billion. For that, Bloomberg ended up with just 46 pledged delegates, winning only America Samoa. During that time, Politico previously <a href=\"https:\/\/www.politico.com\/news\/2020\/04\/20\/bloomberg-1-billion-104-day-campaign-197216\">reported<\/a>, \u201cBloomberg\u2019s campaign paid out $23.3 million in salary, fringe benefits and payroll taxes and fees in March alone, according to the campaign finance filing.\u201d<\/p>\n<p>\u201cHowever, the billionaire also left many former staffers furious by cutting them loose last month. Bloomberg\u2019s campaign enticed Democratic operatives across the country with promises of a paying job through the November election, regardless of whether he ultimately won the nomination or not,\u201d Politico continued. \u201cBut Bloomberg reneged on that promise,\u00a0<a href=\"https:\/\/www.politico.com\/news\/2020\/03\/20\/bloomberg-campaign-layoffs-coronavirus-139362\">scrapping plans to form<\/a>\u00a0his own super PAC and eventually\u00a0<a href=\"https:\/\/www.politico.com\/news\/2020\/03\/20\/mike-bloomberg-massive-18m-transfer-dnc-138771\">transferring $18 million<\/a>\u00a0to the Democratic National Committee instead to bolster the party committee\u2019s field program. Staffers who wanted to work at the DNC had to reapply for jobs, with some staffers getting paid through the first week in April and getting full benefits through the end of the month, according to a release at the time.\u201d<\/p>\n<p>As The Daily Wire\u2019s Emily Zanotti previously\u00a0<a href=\"https:\/\/www.dailywire.com\/news\/former-campaign-workers-sue-michael-bloomberg-claim-they-were-defrauded\">reported<\/a>, former Bloomberg campaign staffers filed a lawsuit against the former mayor for reneging on that promise. The staffers claim Bloomberg defrauded them by promising them jobs through November and then firing them after he suspended his campaign.<\/p>\n<p>\u201cWhile we considered creating our own independent entity to support the nominee and hold the President accountable, this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution,\u201d the campaign said in a statement at the time. \u201cThe dynamics of the race have also fundamentally changed, and it is critically important that we all do everything we can to support our eventual nominee and scale the Democratic Party\u2019s general election efforts.\u201d<\/p>\n<p><em><a href=\"https:\/\/www.dailywire.com\/subscribe\">The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<\/a> <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former staffers for Mike Bloomberg\u2019s short-lived presidential campaign have been shocked to find out that their tax bills are much higher than they anticipated, with their income listed tens of &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2274012,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/GettyImages-1210412506.jpg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"Former Bloomberg Presidential Campaign Staffers Hit With Tax Bills On Income Higher Than Their Salaries","footnotes":""},"categories":[],"tags":[],"class_list":["post-163808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/02\/GettyImages-1210412506.jpg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"Former Bloomberg Presidential Campaign Staffers Hit With Tax Bills On Income Higher Than Their Salaries","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/163808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=163808"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/163808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2274012"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=163808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=163808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=163808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}