So Terrence Wall is officially running for the U.S. Senate, and I thought today would be a great day to take a look at a few of T. Wall’s greatest hits from the past week.
- As Jim at Pretty Important Politics notes, Wall wants to run a really clean campaign:
“I want to talk about the issues. People are tired of the politics of personal destruction.”
Ironic, considering this statement was made by the same man who hasn’t shied away from attacking Sen. Russ Feingold at every opportunity.
- The illustrious illusory tenant can’t help but wonder why T. Wall is so ashamed of his home town, as Wall himself implied when he spoke at the Racine County tea party bonfire this past weekend:
“So lemme just tell ya for a minute about my background. I grew up in Dane County. I never say Madison … [big yuks]
T. Wall may not be proud to be from Madison, but before he was a Republican U.S. Senate candidate, his “official” biography noted, “Terrence Wall grew up in greater Madison having moved to the state with his family as a young child.”
- I’ve written about Terrence Wall’s proclivity for finding loopholes to enable him to avoid paying his fair share of property taxes and state income taxes, and when asked to explain why he hasn’t paid state income taxes in four of the past five years, Wall said he paid no state income taxes for several years for two main reasons – because he took advantage of investment tax credits and tax code provisions that permit offsetting income with depreciation of real estate.
I don’t presume to be a tax attorney or a Certified Public Accountant, but I can’t help but wonder if the depreciated real estate Terrence Wall used as an excuse to explain his not having paid taxes four of the past five years is the same real estate Wall had reclassified as “agricultural” in order to “depreciate” its worth down from $2 million to much less than that in order to avoid paying roughly $34,000 in property taxes.
- And finally, Forward Our Motto has a list of How many things Terrence Wall can get wrong in 1 minute and 11 seconds of a speech he gave recently. It’s definitely worth a read.