Is anyone watching this breaking news on allegation of Trump committing tax evasion and fraud?

[BULLDOG]

Fake News. Just like Piece of Shit Dirty Harry Reid Knowingly and Falsely accused Romney of not paying his taxes and forced him to prove he did.

In other words, they want to see his tax returns again so they can use it as a Campaign Hammer against him.

They are going bat shit crazy right before The Midterms.

In that case, Trump should release his taxes, and prove them wrong. That would shut them up, wouldn't it?

 

[ABikerSailor]

Fake News. Just like Piece of Shit Dirty Harry Reid Knowingly and Falsely accused Romney of not paying his taxes and forced him to prove he did.

In other words, they want to see his tax returns again so they can use it as a Campaign Hammer against him.

They are going bat shit crazy right before The Midterms.

How would they use Trump's tax returns as a campaign hammer against him this election? He's not up for a vote.

 

[Oddball]

 

[my2¢]

Here is what Reuters is reporting: Trump helped parents shield millions from taxes: New York Times | Reuters

Seems to me just creative tax avoidance. When I was younger I must have had more scruples as this probably would have bothered me.

 

[WaitingFor2020]

So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.

The truth shall lock him up.


By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.

The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.

Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father

It's a stunning article.
Trump's lawyer has already blasted back with threats against the NYT.
The Times editors must be fairly sure of their information since they know Trump is a sue-aholic.

This piece distills the info down well:
11 Takeaways From The Times’s Investigation Into Trump’s Wealth

.
.

 

[WaitingFor2020]

View attachment 219921

I don't believe in fairies.
Do you?
.
.
.

 

[Stormy Daniels]

View attachment 219921

And no matter how much you cry like a little bitch, he will still be a shitty president. But you should really think twice about defending a President who has a lifelong history of tax evasion.

 

[Oddball]

Tax evasion is filing fraudulent returns and declarations....Tax avoidance is using the rules to minimize your liabilities...The former is illegal, while the latter is not.

This is a story about avoidance, not evasion.

 

[WaitingFor2020]

This article certainly explains why Trump seems so damn stupid.
And also explains his neurotic need to be admired and respected
And his incredibly thin skin when criticized.
He's NOT a self-made man, it was all his father's doing.
.
.
..

 

[chops_]

Trump committed 'outright fraud' in 'dubious tax schemes,' according to a big, new NYT investigation

Let's hope Trump sues.

He would have to release his tax returns.

No statute of limitations for tax fraud and evasion when it comes to the federal government.

Well, of course it's coming from the liberal news source: The New York Times. Go figure! Lol

 

[Hossfly]

So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.

The truth shall lock him up.


By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.

The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.

Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father

It's a stunning article.
Trump's lawyer has already blasted back with threats against the NYT.
The Times editors must be fairly sure of their information since they know Trump is a sue-aholic.

This piece distills the info down well:
11 Takeaways From The Times’s Investigation Into Trump’s Wealth

.
.

It would be interesting to know how many of the 535 Congress Critters became multi-millionaires while in office. Start by questioning The K Street Clique.

 

[Oddball]

And no matter how much you cry like a little bitch, he will still be a shitty president.

I'm neither making the case that ne's a great prez, nor sniveling like a little bitch that he is the prez.

But the continued sniveling of snivelers like you does provide a certain entertainment value, in a certain Wile E. Coyote vein.

 

[CrusaderFrank]

But these 6 EXACT SAME FUCKING TRUMP TAX THREADS DON'T GET MERGED????????????????????

 

[CrusaderFrank]

I wonder if this tax thing will have any legs?

Maybe after Flynn flips?

 

[beautress]

Another eleventh hour Demmie attempt to assassinate and annihilate the character of a Republican President?

No wonder the Democrats get grief on election day.

 

[CrusaderFrank]

I guess they gave up on Mueller and hid Conspiracy to collude to obstruct Hillary from the White House

 

[DOTR]

They are saying Trump wasn't self made.

But actually got hundreds of millions of dollars from his dad and who had to bail him out of bankruptcy again and again.

Way more than we were ever told.

Links to follow.

Short answer...no.

 

[deanrd]

Tax evasion is filing fraudulent returns and declarations....Tax avoidance is using the rules to minimize your liabilities...The former is illegal, while the latter is not.

This is a story about avoidance, not evasion.

View attachment 219922

You are trying to parse:

Tax Evasion, Fraud and the Statute of Limitations

You can read all about it here:
The Statute of Limitation
Fraud vs Evasion
How far back you can go

No wonder Trump said looking at his financials is "crossing a line". We get it.

 

[ABikerSailor]

I wonder if this tax thing will have any legs?

Maybe after Flynn flips?

Dunno. I don't think that the tax issue will require others to flip.

BTW Frank, I know who threw the party that the girl in your avi was at. His nickname is Boomer, and he's a Harley rider who's here in Amarillo. He threw the party, took a whole bunch of pictures, and posted them.

I think I might even know the person in the picture btw.

 

[DOTR]

They are saying Trump wasn't self made.

But actually got hundreds of millions of dollars from his dad and who had to bail him out of bankruptcy again and again.

Way more than we were ever told.

Links to follow.

You got him now! Not only help from Russia but from his Dad!?