The Post reports that Anthony Weiner’s “2010 tax return shows he took $40,521 in unspecified itemized deductions on an income of $156,117.”
It quotes “Manhattan CPA” Jonathan Medows as saying “It’s definitely a very large deduction,” and “[they] appeared to include more than the standard writeoffs for state and local taxes and Weiner’s mortgage.” If you were to guess to where the “unspecified itemized deductions” of $40k were located, they are probably included on line 28 of Schedule A for “Other Miscellaneous Deductions.” Of course what exactly the deductions are, is a mystery. But if you’ve got some ideas, we’d love to hear them. [NYP]
A chorus of angry politicians and a national coalition of Italian-Americans called on Gov. Chris Christie Thursday to veto a controversial $420,000 film tax credit awarded to the hit MTV television show “Jersey Shore.” “The governor needs to step up for decency and veto this. If the show wants to go somewhere else, let ‘em,” said state Sen. Joseph Vitale (D-Middlesex), who said it includes negative stereotypes of young Italian-Americans. “Let us just hope against hope that New Jersey taxpayers don’t end up paying for ‘Snooki’s’ bail the next time she is arrested. What a terrible, terrible and misguided waste.” said State Sen. Paul Sarlo (D-Bergen). [