Quote:A congressional New York Democrat, who declared wealthier Americans must pay more taxes, shielded $32 million of his family’s wealth overseas.

Richard W. Goldman Family Foundation Treasurer Rep. Dan Goldman (D-NY) oversees the family’s investments in the Cayman Islands tax haven.

Fox News further reported:

Rep. Daniel Goldman’s, D-N.Y., non-profit organization has reported investments worth upwards of $32 million in private funds organized in the Cayman Islands, a popular tax haven for wealthy investors and hedge funds.

The Richard W. Goldman Family Foundation — which Goldman founded a decade ago with his two siblings in memory of their father to “promote equality” and eliminate barriers for the disadvantaged — had investments worth $6.1 million and $26.1 million, respectively, in two private funds based in the Cayman Islands by the U.S. firm BBR Partners LLC., as of December 2020, according to the group’s most recent tax filings reviewed by Fox News Digital.

Documents filed with the Securities and Exchange Commission show the two funds, BBR Equity Long/Short Ltd. and BBR Absolute Return Ltd., are organized in the Cayman Islands.

The Cayman Islands serve as a popular tax haven for wealthy Americans because the small island country has no personal income taxes, no capital gains taxes, no payroll taxes, no corporate taxes and doesn’t withhold taxes on foreign entities, according to a December report from the Corporate Finance Institute. The scheme, which has faced scrutiny from U.S. lawmakers for years, ultimately allows investments from groups like Goldman’s non-profit to avoid paying federal taxes that would otherwise be owed.

In addition to the $32.2 million invested overseas, Goldman’s foundation invested another $13 million in funds managed by BBR Partners, but organized in America. Overall, the non-profit reported assets worth $82.2 million in 2020.

According to the group’s 2020 tax filings, Goldman, who is a freshman congressman and member of the powerful House Oversight Committee, served as its secretary and treasurer of the foundation, giving him direct oversight of its finances. He had assumed the secretary position in 2012 and the treasurer position in 2018.

The New York lawmaker’s most recent financial disclosure filed with the House of Representatives Clerk showed that he has maintained his position on the foundation’s board of advisors as of July 2022.

But while his foundation reported investments in funds organized in the Cayman Islands, Goldman has repeatedly called on the government to hike taxes for the wealthiest Americans since taking office earlier this year.

“At a time of record wealth inequality, the wealthiest among us must help to provide more access for others to pursue the American dream that they have benefited so much from,” Goldman said in a statement last week.

“I’m proud to cosponsor the Billionaire Minimum Income Tax as a long-overdue piece of legislation that will level the playing field, incentivize investment in the economy, and expand opportunities for underserved communities,” he continued in the statement.

In January, he tweeted that he had voted against GOP legislation aimed at restricting the size of the Internal Revenue Service, a bill he said would gut the agency’s ability to stop tax cheats, and “protect large corporations and wealthy Americans.”

“While everyday Americans are struggling to make ends meet, we need to ensure that everybody — especially the wealthy — pays their fair share,” Goldman tweeted.

In addition, Goldman is an heir to the Levi Strauss jean company fortune and has an estimated net worth of between $64 million and $253 million, Bloomberg reported last year. His high net worth makes him one of the wealthiest members of Congress and firmly in the top 1% of all Americans.

The Richard W. Goldman Family Foundation and Goldman’s congressional office didn’t respond to requests for comment.

Quote:For those who watched Thursday’s Select Subcommittee on the Weaponization of the Federal Government hearing regarding the Twitter Files, the arrogant, dismissive, (and hilariously ignorant) attitude on display by the subcommittee’s Democrat members was hard to stomach. While most hearings are dog and pony shows to some degree, the Dems’ seek-and-destroy mission aimed at undermining the credibility of witnesses Matt Taibbi and Michael Shellenberger and muddying the waters was blatant.

As a former Democrat (of the “classical liberal” variety) the disdain for journalistic ethics and best practices and utter indifference to the gross governmental overreach revealed by the Twitter Files demonstrated by the Democrats who questioned (or, rather, bellowed at and over) Taibbi and Shellenberger made my blood boil. There were no liberal ideals on display Thursday — at least not by the Democrats. And the irony that their ire was directed at two decidedly-non-Republican witnesses simply because they’ve dared question the authoritarian methodology embraced by the “progressive” ruling class was thick.

None of the Democrat committee members covered themselves in glory at Thursday’s hearing, but Rep. Dan Goldman (NY) went on a smarm-offensive with his questioning, first, during time yielded to him by fellow Democrat committee member Linda Sánchez (CA). (Video is cued up to Goldman’s initial questioning.)





Though he started out with an awkward compliment to Shellenberger on his tie (presumably because it was similar to the one he was sporting), Goldman quickly pivoted to attempting to discredit the NY Post/laptop story. He asserted that the hard drive provided to the Post by Rudy Giuliani had been tampered with while Giuliani was “openly cavorting with agents of Russian intelligence,” though Shellenberger pushed back pointing to the fact that multiple news outlets, including CBS, had since authenticated the contents of the laptop.

Goldman also whipped out the “Trump Ukraine Impeachment Inquiry Report,” asking Shellenberger if he’d read the 300-page tome before asserting in Twitter Files #7 that “Every single fact in [the NY Post story on the laptop] was accurate.” Of course, Shellenberger had not, though he testified he was generally familiar with his contents. Goldman referred to the first paragraph of the Post’s story, which asserted that the prosecutor (Viktor Shokin) who was fired at the behest of Joe Biden was investigating Burisma:

Hunter Biden introduced his father, then-Vice President Joe Biden, to a top executive at a Ukrainian energy firm less than a year before the elder Biden pressured government officials in Ukraine into firing a prosecutor who was investigating the company, according to emails obtained by The Post.

This is where Goldman had his Matlock Moment, as he punctuated each word with the Report for emphasis, proclaiming that:

“Every single State Department and Trump administration expert on Ukraine said that Vice President Joe Biden, in concert with the European Union and the IMF, was executing official U.S. policy by encouraging Ukraine to fire the prosecutor general because he was not prosecuting corruption and was not prosecuting companies like Burisma, so that story — notwithstanding your allegations — was false.”

Of course, Goldman’s argument (and the “expert” testimony he holds in such vaunted esteem) conveniently dismisses the evidence to the contrary and executes a clever semantic two-step there. If that’s what he’s hanging his hat on to discredit Shellenberger, I’d submit he’s failed to make his case.

Goldman got another shot at questioning, which he snarkily reclaimed when Committee Chairman Jim Jordan (R-OH) seemingly forgot to return to him, using that segment to relitigate 2016 and the Mueller indictments. When Taibbi pushed back on the premise of his questioning, Goldman barked, “Let me move on. That’s how this works — you should know that by now!” He then quibbled with Shellenberger over what constituted “direction” from the FBI to Twitter to remove posts or accounts before detouring to complaining to Jordan about the committee not discussing Republican book banning and the horrific misdeeds of one Donald J. Trump.

For his grand finale, Goldman bemoaned the fact that the committee was there discussing Twitter — “Twitter!” — contending that “Even with Twitter, you cannot find actual evidence of any direct government censorship of any lawful speech.” When Jordan offered an example of a White House official contacting Twitter two days after Biden assumed office to request a tweet be taken down, they got into a back-and-forth about whether it involved “lawful speech.” When Jordan didn’t immediately have the tweet handy, Goldman snidely replied, “Oh, shocking.” The tweet in question, it turns out, was from Robert Kennedy, Jr. regarding Hank Aaron’s death after he received the vaccine. (Read: Lawful but contradicting the preferred narrative.)

It would appear that Mr. Goldman, after chiding the witnesses for not having committed the Ukraine Impeachment Report and Mueller indictments to memory, hadn’t bothered to do his own homework.

I knew Goldman seemed familiar, but it took me a few moments to place him. The way he revered the Impeachment Report should have tipped me off:





That he’s a partisan with an aim toward discrediting Republicans and running interference for the Biden administration is hardly surprising. What is interesting, however, is the connection Goldman has to a consulting firm overseeing the funds being marshaled to combat investigations into Biden, as reported by Fox News Digital.

Through his family foundation, Rep. Daniel Goldman, D.-N.Y, a member of the House Oversight Committee, has ties to Arabella Advisors, a Washington, D.C., consulting firm that overlooks the largest dark money network in the country. Arabella Advisors manages the Sixteen Thirty Fund, which has bankrolled the Congressional Integrity Project, a group of liberal operatives working behind the scenes with Democrats in attempts to smother the Biden investigations by Goldman’s GOP colleagues on the Oversight Committee.

…

Goldman’s ties to Arabella Advisors lie with his family foundation, the Richard W. Goldman Family Foundation, which works to “promote equality” and reduce “barriers to opportunity across generations for our nation’s most disadvantaged.” According to tax forms, Goldman held several roles at the foundation, which he typically operated alongside a few other family members. In 2012, he became its secretary; in 2018, he also took over its treasurer responsibilities.

The same year he became its treasurer, Goldman’s family foundation moved its books into the care of Arabella Advisors. But even before the influential firm took over its books, the foundation had paid Arabella Advisors hundreds of thousands of dollars in fees dating back to 2013, its tax forms show. The foundation has also doled out more than $1.2 million to the New Venture Fund, an Arabella Advisors-managed dark money nonprofit incubator, for endeavors.

Goldman’s 2022 financial disclosure shows that he had shifted his position to the sole family foundation board member reported on previous years’ tax forms.

Arabella Advisors, meanwhile, manages the Sixteen Thirty Fund, another dark money nonprofit incubator that pushes hundreds of millions of dollars into left-wing causes and initiatives each year. In 2020 and 2021, the Sixteen Thirty Fund funneled $1.5 million into the Congressional Integrity Project, the Washington Examiner first reported, which was nearly all of the Congressional Integrity Project’s cash during that time.

It’s all so…cozy. Almost like the relationship the FBI developed with Twitter.