Mertex
Cat Lady =^..^=
- Apr 27, 2013
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No wonder Chris Christie and Donald Trump are such good buddies....and Trump has most likely promised him a cabinet position. Chris Christie forgave Trump $25 million on a $30 million tax debt. I bet the people of New Jersey will be elated to hear that, especially when they were experiencing problems and delays getting help on their flood situation.
Other casino owners in New Jersey didn't fare as well....they got a little reprieve, but nothing compared to what The Donald got.
Expect more of the same if the sleaze bag Trump is elected. His buddies (millionaires) will do quite well, his tax plan already benefits the very rich. The middle class and below, well, if they think they have it bad now...can't imagine how bad it would be under Trump.
Trump Casinos’ Tax Debt Was $30 Million. Then Christie Took Office.
By the time Chris Christie became governor of New Jersey, the state’s auditors and lawyers had been battling for several years to collect long-overdue taxes owed by the casinos founded by his friend Donald J. Trump.
The total, with interest, had grown to almost $30 million. The state had doggedly pursued the matter through two of the casinos’ bankruptcy cases and even accused the company led by Mr. Trump of filing false reports with state casino regulators about the amount of taxes it had paid.
But the year after Governor Christie, a Republican, took office, the tone of the litigation shifted. The state entertained settlement offers. And in December 2011, after six years in court, the state agreed to accept just $5 million, roughly 17 cents on the dollar of what auditors said the casinos owed.
Public records do not create a clear picture of how the agreement was reached. A spokeswoman for Mr. Trump said she would be in touch regarding questions sent to her. But she did not reply further or respond to subsequent messages.
http://www.nytimes.com/2016/08/17/us/politics/trump-chris-christie-casinos.html?_r=0
Other casino owners in New Jersey didn't fare as well....they got a little reprieve, but nothing compared to what The Donald got.
Expect more of the same if the sleaze bag Trump is elected. His buddies (millionaires) will do quite well, his tax plan already benefits the very rich. The middle class and below, well, if they think they have it bad now...can't imagine how bad it would be under Trump.
Trump Casinos’ Tax Debt Was $30 Million. Then Christie Took Office.
By the time Chris Christie became governor of New Jersey, the state’s auditors and lawyers had been battling for several years to collect long-overdue taxes owed by the casinos founded by his friend Donald J. Trump.
The total, with interest, had grown to almost $30 million. The state had doggedly pursued the matter through two of the casinos’ bankruptcy cases and even accused the company led by Mr. Trump of filing false reports with state casino regulators about the amount of taxes it had paid.
But the year after Governor Christie, a Republican, took office, the tone of the litigation shifted. The state entertained settlement offers. And in December 2011, after six years in court, the state agreed to accept just $5 million, roughly 17 cents on the dollar of what auditors said the casinos owed.
Public records do not create a clear picture of how the agreement was reached. A spokeswoman for Mr. Trump said she would be in touch regarding questions sent to her. But she did not reply further or respond to subsequent messages.
http://www.nytimes.com/2016/08/17/us/politics/trump-chris-christie-casinos.html?_r=0