Trump’s Fed pick owes un­paid taxes

The Buffalo News - - NATIONAL NEWS - – New York Times

WASH­ING­TON – Stephen Moore, the con­ser­va­tive econ­o­mist whom Pres­i­dent Trump plans to nom­i­nate for a seat on the Fed­eral Re­serve, owes $75,000 in un­paid fed­eral taxes, in­ter­est and penal­ties, ac­cord­ing to court doc­u­ments filed last year.

A lien for $75,328.80 from the 2014 tax year was en­tered against Moore at the re­quest of the fed­eral govern­ment in Jan­uary 2018 in Mont­gomery County, Mary­land, where he re­sides, the records show.

The Guardian and Bloomberg News first re­ported the tax lien. Ac­cord­ing to Bloomberg News, Moore re­ferred ques­tions about the tax lien to his wife, Anne Carey, who said Moore had in­ad­ver­tently de­ducted both al­imony and child sup­port pay­ments to his for­mer wife. Child sup­port is not de­ductible on fed­eral taxes. Al­imony had been de­ductible for di­vorces, such as Moore’s, that were com­pleted be­fore the start of this year. Trump’s 2017 tax cut elim­i­nated al­imony de­ductibil­ity for di­vorces go­ing for­ward.

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