Reply to 8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does anyone here actually think Trump is anywhere near a serious tax cheat? Dude’s too much of a putz! The returns prolly reveal two things:
1. He’s  much less rich than is hinted at
2. He’s still rich enough that our morally reprehensible tax code does his bidding

What powerful figure is going to get in front a parade where the big takeaway is that we’ve been treating the ultra-rich disturbingly well for decades???[/quote]
You haven’t been paying attention. Of course there are things in the tax code which favor rich real estate investors but yes, he’s a serious tax cheat. Did you read the New York Times bombshell? The family invented a whole company out of nothing to cheat on taxes. And there’s plenty of evidence out in the open that he’s been inflating the value of what he owns to apply for loans and then way devaluating it when contesting property taxes.[/quote]

I’m afraid it’s you who hasn’t been paying attention. Nothing out so far is all that exotic. And to reiterate: any serious look at how Trump has paid minimal taxes would be nuclear for the donor class. Which politico or appointee is going to go there???[/quote]
Tax fraud doesn’t need to be “exotic” to be illegal. And, not sure if this is what Vance is looking into or whether it’s too old at this point, but what the family did with All County Building Supply & Maintenance Corp. is both.[/quote]

[b]Getting hung up on 'exotic' has yet to convince me that there's something actionable[/b], especially if you consider the pressures the authorities have been responsive to in recent years.

And because someone had it deleted, I'll again remind people that Mitt Romney's taxes were full of very disturbing red flags and those were memory holed very, very quickly.  And if you're inside the beltway and you didn't understand that then you are very much part of a problem that dwarfs anything Trump and family have been up to these past decades.[/quote]

It's not actionable for you. But apparently it's actionable for the Manhattan DA.

I wasn't into politics in 2012, when Romney ran for President so I can't speak to the details. But he did release his taxes. Likely the holes *WERE* informally investigated and nothing came of it.

Let's just see what happens, shall we?[/quote]

It’s stuff that’s almost never gone after: it’s recent precedent (aka a highly captured legal system) that leaves me unimpressed.

Now if it were up to me, the entire donor class would be blown up by better tax law and enforcement. The rest of you can keep thinking Trump is some great aberration, but I’m as asymptotically close to as is possible he’s not.[/quote]

Trump set alot of new precedents.

I do think Trump is an aberration. He's a clown who drew too much attention. These people always get extra attention from law enforcement. Every other rich person on the planet knows this. Why doesn't he? People who flaunt their tax fraud will be taken down.[/quote]

I'm with you on his being a clown who drew too much attention. But I don't think he's half as savagely mercenary as the nasty rich pieces of work I know who really game the system.  Given how much money he inherited and the fact that he was largely focused on asset that went parabolic during his public ascent, i.e. NYC RE, he should be worth much , much more if he was at all competent with things like tax avoidance. I'm still very doubtful there's something juicy to be found here.[/quote]

Competence is not a word one would associate with Trump.  If he were half-way competent, he wouldn't have bankrupted a casino business.  I have ZERO doubts that he has committed lots of financial crimes.  Easiest to prove among them, would be tax fraud.[/quote]

Psst: the biggest tax cheats are very, very competent people.

Not only can many not quit Trump, they can't quit the contradiction between thinking of him as a fool and thinking of him as a uniquely maleviolent force. Pick one people![/quote]

I'm not sure what points you're trying to make.

That Trump is not the biggest tax evader?  That's likely true.  Doesn't mean that he is not a tax evader of some large scale, either.

And you don't know hateful idiots?  I do.  Hell, half the people that participated in the insurrection on January 6th fall into that category.  As does their Dear Leader.

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