The New York Times has obtained Trump’s taxes (2nd article now posted)
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If he wins...can his lenders take ownership of the white house? 🤔
Thanks for sharing. Article is a long read, not a lot of big reveals, but looks like they have done some work on some of the basics already. Really hope that he is voted out, IRS actually goes for looking at this and he goes completely broke forever.
Hipefully they also get Ivanka, looks like she was getting quite a bit possibly as a consultant and also being paid as an executive as a way to skip estate and gift taxes.
Hipefully they also get Ivanka, looks like she was getting quite a bit possibly as a consultant and also being paid as an executive as a way to skip estate and gift taxes.
In regards to his supporters, I wonder if this will embolden them to play less taxes?
IRS: "I see here you haven't paid your taxes for the last 3 years. Why is that?"
Trump supporter: "Well I thought since my president did it, it was okay for me to it as well."
IRS: "I see here you haven't paid your taxes for the last 3 years. Why is that?"
Trump supporter: "Well I thought since my president did it, it was okay for me to it as well."
He could have investments. My Dad has been retired for a long time but has saved up enough money that he just lives off the interest from his investments.
Keep it going full force make it your top and most published article every week until election time.
Two things: 1) there almost certainly is tax fraud involved in there, and 2) this is a man who claims to be a multi-billionaire and one of the most successful businessmen in the world. His income if he were actually the man he plays on television should necessitate paying significant amounts in taxes as an individual, even with copious deductions.
This has to be the result of that SC case stating NY grand juries could get access to his taxes, no?
As others have pointed out, this article also shows how f'd up all the LEGAL tax avoidance stuff is for the wealthy. Everything he did in the article is crooked, but there's still ambiguity over whether any of it is illegal.
Well earned by those stylists, whatever they are doing is magical.
Wealthy people do look everywhere they can to minimalize taxes by writing off ridiculous expenses but they still pay something relative to what they make.
$750 is some broke ass shit or he committed straight up tax fraud, which would be the big story here.
$750 is some broke ass shit or he committed straight up tax fraud, which would be the big story here.
Unbelievable how messed up our economic system is when the ultra rich like this pay that little federal tax. Disgusting
Do you have any idea how hard it is to catch a skunk and colour its fur?
The good old "were you lying then or are you lying now" line of inquiry. Surprise, he was lying both times!
i never want to hear that the majority of rich pay their fair share. Everyone making more than 400k should be in a progressive tax bracket.
lmaooooo
Doesn't matter what his base thinks or the polls.
What matters is now that there is an official record of his earnings, they can be compared against his loan applications with the big banks.
Banks don't give out big loans to people who are in big debt.
If Trump lied on his loan applications about how much his income was in order to get bigger loans, and then declared bankruptcy so he didn't have to remit payment, he could face millions in fines and at least 14 years in jail for loan fraud.
What matters is now that there is an official record of his earnings, they can be compared against his loan applications with the big banks.
Banks don't give out big loans to people who are in big debt.
If Trump lied on his loan applications about how much his income was in order to get bigger loans, and then declared bankruptcy so he didn't have to remit payment, he could face millions in fines and at least 14 years in jail for loan fraud.
This is the real story here, not that he paid 1500 USD in taxes in two decades.
America can end up with president who is 400+ million in a hole to who knows whom without means to pay them back.
Biden being Vice-President rather put him on the map, yes:
Joe and Jill Biden reported earning $16.5 million from book deals and speaking engagements since leaving the White House
The Bidens released their 2019 tax returns ahead of Biden's first presidential debate against Trump on Tuesday, September 29.
www.businessinsider.com
Honestly, if anything this will increase support from republicans, they think anyone who pays taxes is a sucker
I guess I just always hear about billionaires not paying federal income tax, and this just doesn't surprise me at all. I just assume this is a problem with our tax laws. But yes if other people who do the same business Trump does always are paying tons of fed tax then probably fraud.
Does the article point of particular specifics of actual fraud?
I am not saying Trump isn't a fraud. I am just curious if they for real found actual evidence of fraud they can charge him with and what are the specifics.
For the rich and powerful most debt, including tax debt, is negotiable.
Honestly I can't fathom how soul destroying it must be to be an American, especially during this election cycle. On the one hand you have a fascist, and on the other a neoliberal democrat chosen by a party that knows they can hold the American people hostage to their failed centrist policies because they made sure there were no viable alternatives.
There's a chance someone was annoyed at how long it was taking and decided to bypass the whole process, yes, but that's why I said "not directly".
I think the next round of stimulus payments should come from the Trump company.
Except for Mary.
Former Presidents and Vice Presidents can make a lot of money from speeches.
Holy shit, I'm reading through the article and so much stuff lines up with his public outbursts.
No wonder he went crazy on twitter when protestors sprayed BLM outside the building.
Honest question here... is anything stopping you from reading the article yourself?
Also, Biden doesn't strike me as the kind of guy to not give the government their due, or leverage a lot of creative accounting.
If you could detect fraud just by looking at the tax return for a few days or however long NYT has had them, the IRS would already have gotten him for it. You need evidence that he lied which would entail other sources such as bank statements, invoices, contracts, etc.
The NY AG is most likely looking to compare his reported earnings in his taxes against what he told banks he was making. Chances are, he was lying and inflating his earnings on his bank loan applications in order to get big loans for his businesses.
I posted above that he may have lied about his earnings to banks, and then used bankruptcy to get out of paying back the loans.
That's a double-dose of loan fraud.
Deutsche Bank is probably reviewing those tax records as we speak, among other banks, as well as prosecutors.
If Trump lied on any of those loan applications, he's fucked. Chances are, he used the same bullshit "my taxes are being audited" excuse to the banks when they requested docs, so he may have only provided them actual cash value of his business assets, without any mention of his debts.
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