Clarence Thomas’ huge RV loan was forgiven by wealthy businessman, Senate investigation finds

Brian Niemietz | New York Daily News

Supreme Court Justice Clarence Thomas was essentially given a luxury motorhome worth more than a quarter of a million dollars by a wealthy businessman, according to the U.S. Senate Committee on Finance.

The committee released a report Wednesday claiming Anthony Welters lent $267,230 to Thomas for a luxury Prevost Marathon motor coach in 1999 at a 7.5% interest rate, then called it even in 2008 with the loan’s principal still intact. The Senate committee found Thomas paid interest on the loan for a short time, but “never repaid a substantial portion of the loan.”

A handwritten note from Thomas to Welters — written on Supreme Court stationery and dated Dec. 6, 1999 — referenced the agreement between the pair, the committee said.

“Regular Americans don’t get wealthy friends to forgive huge amounts of debt so they can buy a second home,” the committee wrote in its findings. “Justice Thomas should inform the committee exactly how much debt was forgiven and whether he properly reported the loan forgiveness on his tax returns and paid all taxes owed.”

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