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of benefits.” Abrams sent out a press release saying the practice cheats workers out of “unemployment benefits, workers’ compensation, Social Security.” However, the gubernatorial candidate is skilled in crafting loopholes to exempt her own non-profits from paying tax revenues. As it turns out, Abrams’ own nonprofits have been penalized for not paying unemployment contributions to their own workers.
According to the Atlanta Journal Constitution, Third Sector Development was expanded to oversee her New Georgia Project voter-registration effort and reportedly incurred penalties for that very practice. “A nonprofit created by Abrams tallied four liens worth $13,000 from the Georgia Department of Labor for unpaid unemployment contributions between 2014 and 2016, according to state tax records. Abrams earned about $180,000 in 2014 as the part-time chief executive of the New Georgia Project, which set out to register hundreds of thousands of new voters in time for the midterm election.”
In 2018 Stacey Abrams owed $54,000 to the IRS, $96,000 in student loans and $83,000 in credit card debt. In 2019 she paid off all those. Now she is worth more than $3 million including $725,000 in stocks and bonds, a $975,000 property outside of Atlanta, a $370,000 house in Atlanta for her parents, and assets of $560,000 set aside in a “tax account, along with her income from various organizations, cowriting books and making speeches.
In the private sector, candidate Abrams created self-serving organizations structured to deprive the state and federal governments of tax revenues. These contrived projects showed no results from the millions of dollars contributed to them other than taking advantage of the people who were employed as workers on her projects. Stacy Abrams has repeatedly exhibited less than stellar character traits by cheating the state out of tax revenues and is not fiscally fit to be governor of Georgia.
In the 2020 presidential election, Stacey Abrams bragged about requesting 1.2 million absentee ballots for her newly registered voters, most of whom didn’t even know who was running. Abrams said, “85,000 of those applications are from voters who did not vote in the general election, and they are disproportionately between the ages of 18 and 29 and disproportionately people of color.” Many Georgians still have “serious concerns” about the state’s elections and must have confidence in the progress for future elections. They want Raffensperger to implement a more “robust verification process” for reviewing signatures on absentee ballot applications and mail-in ballot envelopes that will include independent observers so that Stacey Abrams and her ilk will not take advantage of people.