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Reply to "Blockbuster NY Times Investigation - Trump's Tax Schemes To Gain Riches From His Father"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, from this paragraph alone, it seems Trump and his family owe the nation 497.8 million dollars plus penalty fees and decades of interest. Think of how many homeless vets that could house and feed. [quote]These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show.[/quote][/quote] What's the likelihood IRS, NY State, etc. will ACTUALLY going to go after them? Rich run the world, they do whatever they want. I wish an agency would prove me wrong but I'm not holding my breath.[/quote] NYS and NYC tax regulators have opened investigations: https://www.nytimes.com/2018/10/04/us/politics/donald-trump-fred-trump-tax-schemes.html[/quote]
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