Blockbuster NY Times Investigation - Trump's Tax Schemes To Gain Riches From His Father

[Anonymous]

It's a pretty astounding article. They pepper it throughout with quotes from Trump's lawyer threatening a defamation lawsuit if they run the story. That's such an empty threat -- because of the substance of the story, discovery in that lawsuit would be a colonoscopy of Trump's finances.

[Anonymous]

It's also a pretty vivid example that, contrary to the "taxation is theft" crowd, wealth acquired isn't wealth earned.

[Anonymous]

The fact that they use the word "fraud" in the article and it passed the attorney's review is telling.

[Anonymous]

If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

[Anonymous]

Anonymous wrote:What is the statute of limitations on tax fraud?

Do you seriously think they suddenly stopped doing it in more recent years?

[Anonymous]

Wow. Imagine if he had made his tax returns available before the election. There ought to be a law that candidates disclose...

[Anonymous]

The Times’s findings raise new questions about Mr. Trump’s refusal to release his income tax returns, breaking with decades of practice by past presidents. According to tax experts, it is unlikely that Mr. Trump would be vulnerable to criminal prosecution for helping his parents evade taxes, because the acts happened too long ago and are past the statute of limitations. There is no time limit, however, on civil fines for tax fraud.

The findings are based on interviews with Fred Trump’s former employees and advisers and more than 100,000 pages of documents describing the inner workings and immense profitability of his empire. They include documents culled from public sources — mortgages and deeds, probate records, financial disclosure reports, regulatory records and civil court files.

The investigation also draws on tens of thousands of pages of confidential records — bank statements, financial audits, accounting ledgers, cash disbursement reports, invoices and canceled checks. Most notably, the documents include more than 200 tax returns from Fred Trump, his companies and various Trump partnerships and trusts. While the records do not include the president’s personal tax returns and reveal little about his recent business dealings at home and abroad, dozens of corporate, partnership and trust tax returns offer the first public accounting of the income he received for decades from various family enterprises.

[Anonymous]

Anonymous wrote: If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

Impeachment if it’s proven, I would guess.

[Anonymous]

Anonymous wrote:

Anonymous wrote: If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

Impeachment if it’s proven, I would guess.

Who is going to impeach her? Not McConnell. Not Pelosi either.

[Anonymous]

Anonymous wrote:

Anonymous wrote: If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

Impeachment if it’s proven, I would guess.

Too bad. He has said she would make a great SCJ!!!

[Anonymous]

I read this whole story, and it is comprehensive. Trump ran his businesses this way in the 1990s, so I seriously doubt he changed his colors today. We can expect this to be a preview into Mueller's investigation of Trump's current finances and also the SD of NY's investigation. Plus all the suits filled against Trump's various business dealings including the Trump Foundation. This is going to explode for sure.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

Impeachment if it’s proven, I would guess.

Who is going to impeach her? Not McConnell. Not Pelosi either.

They have bigger fish to fry than Trump's sister.

[Anonymous]

Anonymous wrote:It's also a pretty vivid example that, contrary to the "taxation is theft" crowd, wealth acquired isn't wealth earned.

Dunno. I've read posters on this very website saying that inherited wealth was earned.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's also a pretty vivid example that, contrary to the "taxation is theft" crowd, wealth acquired isn't wealth earned.

Dunno. I've read posters on this very website saying that inherited wealth was earned.

Trump lies about everything. In his mind, he's a self made man, graduated valedictorian from Wharton (he didn't even graduate with honors) and has been a success his whole life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: If Trump and his siblings are implicated, what does that mean for his sister who is a federal judge?

Impeachment if it’s proven, I would guess.

Who is going to impeach her? Not McConnell. Not Pelosi either.

Trump critic here. Likely not the dems either. She is a good judge and generally has nothing to do with her family.