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Started By
Message
re: Latoya done got her taxes paid!
Posted on 8/26/21 at 12:04 am to beauxgy
Posted on 8/26/21 at 12:04 am to beauxgy
It’s all out in the open. You just have to believe what your eyes are seeing.
She’s had a 6+ year tax issue seemingly resolved overnight. That just happens to coincide with her acting like one of the most tyrannical city leaders in the country during the pandemic. Oh, she was just rewarded with a federal payoff for being a good little lamb.
Keep in a mind this is a city that turned in a fricking budget with no clue how to pay for it. To say they are senseless when it comes to money management is the understatement of the century. I’d put it easily at a 90%+ chance that money came from the federal government.
She’s had a 6+ year tax issue seemingly resolved overnight. That just happens to coincide with her acting like one of the most tyrannical city leaders in the country during the pandemic. Oh, she was just rewarded with a federal payoff for being a good little lamb.
Keep in a mind this is a city that turned in a fricking budget with no clue how to pay for it. To say they are senseless when it comes to money management is the understatement of the century. I’d put it easily at a 90%+ chance that money came from the federal government.
1
Posted on 8/26/21 at 5:07 am to fightin tigers
quote:Loosely translated, the [Democratically Controlled] IRS targetted some unsuspecting Republican to pay her tax burden.
Cantrell said she successfully appealed an IRS finding that she and her family owed roughly $95,000 in taxes over six years ending in 2018.
Posted on 8/26/21 at 6:15 am to fightin tigers
quote:
Heirs of Wisner trust who got an illegal trust extension for no consideration.
That story is probably the one that pisses me off the most and nothing is said about it. Whoever runs against her needs to have all their info and run commercial after commercial asking why she did it.
The State AG isn't doing shite either
Not to hijack…..but need the breakdown of this story. Please/thank you.
Posted on 8/26/21 at 6:33 am to fightin tigers
I pay my bills, by bills are paid!
Posted on 8/26/21 at 6:40 am to Haystack
LENS HEADLINE TO WISNER TRUST STORY: "In midst of ‘unprecedented’ budget crisis, city may be leaving millions on the table, and it’s not clear why" LINK
STORY: It appears that Cantrell may be leaving millions of dollars per year on the table. And it’s not clear why.
In March, days before the pandemic hit Louisiana, Cantrell signed an agreement to modify and continue a century-old trust agreement that, had it been allowed to terminate, could have given the city full ownership of over 50,000 acres of donated land that generates millions of dollars per year, primarily due to land and oil and gas leases on the property.
The land was donated in 1914 by Edward Wisner, a philanthropist, banker, and newspaper editor from Michigan. Wisner established a trust — administered by the mayor of New Orleans, as trustee, and an advisory board composed of representatives from the five groups of beneficiaries, including Wisner’s heirs.
The trust was supposed to terminate after 100 years, in 2014. And the city, under former Mayor Mitch Landrieu, even went to court to ensure that it would terminate as scheduled and come under the city’s control. But after winning that legal battle, city officials and advisory board members continued to approve short-term extensions, effectively keeping the trust alive well after its expiration date.
But the March agreement, signed by Cantrell, purportedly eliminates the need for any further extensions. It says the trust will be continued into perpetuity. If allowed to stand, that will mean the city will have to continue to share more than 60 percent of the proceeds from the land with the other signatories, including 40 percent to the heirs. Between 2015 and 2019 alone, the money that went to beneficiaries other than the city totalled nearly $21 million — $12.6 million of which went to the heirs — according to an analysis, obtained by The Lens, of Wisner Trust financial records.
Asked for comment, officials in the Cantrell administration didn’t explain their reasoning for approving the agreement. The Lens requested interviews with City Attorney Sunni LeBeouf, whose office signed off on the extension, and officials from Cantrell’s office. All declined
The modification agreement came as a shock to members of the City Council, who say they were not part of the decision. Cantrell signed it without the council’s approval, though the city’s charter requires modifications to trusts to go before council members.
STORY: It appears that Cantrell may be leaving millions of dollars per year on the table. And it’s not clear why.
In March, days before the pandemic hit Louisiana, Cantrell signed an agreement to modify and continue a century-old trust agreement that, had it been allowed to terminate, could have given the city full ownership of over 50,000 acres of donated land that generates millions of dollars per year, primarily due to land and oil and gas leases on the property.
The land was donated in 1914 by Edward Wisner, a philanthropist, banker, and newspaper editor from Michigan. Wisner established a trust — administered by the mayor of New Orleans, as trustee, and an advisory board composed of representatives from the five groups of beneficiaries, including Wisner’s heirs.
The trust was supposed to terminate after 100 years, in 2014. And the city, under former Mayor Mitch Landrieu, even went to court to ensure that it would terminate as scheduled and come under the city’s control. But after winning that legal battle, city officials and advisory board members continued to approve short-term extensions, effectively keeping the trust alive well after its expiration date.
But the March agreement, signed by Cantrell, purportedly eliminates the need for any further extensions. It says the trust will be continued into perpetuity. If allowed to stand, that will mean the city will have to continue to share more than 60 percent of the proceeds from the land with the other signatories, including 40 percent to the heirs. Between 2015 and 2019 alone, the money that went to beneficiaries other than the city totalled nearly $21 million — $12.6 million of which went to the heirs — according to an analysis, obtained by The Lens, of Wisner Trust financial records.
Asked for comment, officials in the Cantrell administration didn’t explain their reasoning for approving the agreement. The Lens requested interviews with City Attorney Sunni LeBeouf, whose office signed off on the extension, and officials from Cantrell’s office. All declined
The modification agreement came as a shock to members of the City Council, who say they were not part of the decision. Cantrell signed it without the council’s approval, though the city’s charter requires modifications to trusts to go before council members.
This post was edited on 8/26/21 at 6:42 am
Posted on 8/26/21 at 6:43 am to OogumBoogum
Where are these 50,000 acres?
Posted on 8/26/21 at 7:03 am to Y.A. Tittle
quote:
Where are these 50,000 acres?
Port Fourchon
Posted on 8/26/21 at 7:14 am to MightyYat
quote:
It’s all out in the open. You just have to believe what your eyes are seeing.
Dem voters don't care.
If they found out she stole the money from the tax payer (Democrat's enemy), they would cheer her on.
Posted on 8/26/21 at 7:18 am to danilo
quote:
Believe even councilman have a driver/security guy on call
Yet, Brossett still manages to drive around literally piss drunk
Posted on 8/26/21 at 7:27 am to fightin tigers
Her election and campaign was in 2017. She just wasn’t sworn in for months because of a weird change in the NOLA government. Good research Nola.com. It’s these basic factual errors that I see in what feels like every piece of journalism these days that makes me question what else they’re just totally making up or wrong about.
Posted on 8/26/21 at 8:18 am to danilo
quote:
And she is about to get 4 more years of an annual salary of $175k (plus benefits such as a driver and take home car).
And a city credit card
Posted on 8/26/21 at 8:30 am to fightin tigers
Campaign $$$ hard at work
Posted on 8/26/21 at 9:33 am to killer machine
quote:
Campaign $$$ hard at work
after reading the Lens story, this is the only possible explanation. Monies from the private heirs are making it to latoya personally.
this type of action is a perfect example of how "professional politicians" operate.
Posted on 8/26/21 at 10:07 am to Screaming Viking
You're definitely probably right about payoffs from the Wisner heirs -- I think the heirs of the original attorneys also stand to keep gaining. Tulane University also is a beneficiary of the Wisner Trust, and you have to wonder whether its recent announcement of the Louisiana Promise program -- the provide scholarships to underserved students from Louisiana -- is somehow tied to the continuation of getting these funds.
Posted on 8/26/21 at 10:24 am to OogumBoogum
quote:
Louisiana Promise program -- the provide scholarships to underserved students from Louisiana -- is somehow tied to the continuation of getting these funds.
i was not aware of this. the devil is always in the details.
Posted on 8/26/21 at 11:44 am to fightin tigers
quote:
"We are in a great position as it relates to the Internal Revenue Service," the mayor said. "I moved forward with (an appeal), and it worked out in our favor...
Translation: I called Joe and Kamala, and got my ticket fixed...
Posted on 8/26/21 at 11:48 am to fightin tigers
Where does an elected official "earn" the money for a legal team + any back taxes payment...?
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