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

[cytg111]

Yes, her or her team brought it up around ~2008.

And "everyone" is hardly represented by this very left leaning forum.

Who are you trying to distort facts for here? There is noone for you to turn so why keep up the act? Hillary didnt push birtherism.. someone on her team picked it up from someone else but it was never a thing.
You said, why did Hillary start that? ... Thats a damned up and down straight lie, misinformation, misdirection, distortion of facts.... AKA running interference in a game of war. WHO are you contracting for and WHO the hell here do you think you are targeting ? Its stupid. Stupid.

 

[fskimospy]

Yes, her or her team brought it up around ~2008.

And "everyone" is hardly represented by this very left leaning forum.

False.

https://www.snopes.com/fact-check/hillary-clinton-started-birther-movement/

https://www.factcheck.org/wp-conten...-clinton-the-original-birther/index.html_gzip

https://www.politifact.com/truth-o-...ump/hillary-clinton-obama-birther-fact-check/

 

[SteveGrabowski]

False.

https://www.snopes.com/fact-check/hillary-clinton-started-birther-movement/

https://www.factcheck.org/wp-conten...-clinton-the-original-birther/index.html_gzip

https://www.politifact.com/truth-o-...ump/hillary-clinton-obama-birther-fact-check/

Feelings don't care about your facts bro

 

[Starbuck1975]

I sincerely doubt I would be disappointed, haha. The only modern politician I have any meaningful amount of personal affinity for is Obama, simply because he is probably the smartest and most disciplined public figure I have ever seen.

I would be sad he he were ensnared in white collar crime but I doubt he would be as his administration was remarkably corruption free and, probably more importantly, I suspect he hasn’t been wealthy enough for long enough to get into that much shit.

Obama is the only President of my lifetime that I would expect his administration to emerge unscathed by an ethics probe.

I don’t get Trump. I grew up in NY. He’s always been one of many shady but well known names in the NY real estate world. I still remember his failures in Atlantic City.

I also remember the MBA crowd embracing Trump as some kind of visionary business mogul when the Apprentice came out.

 

[Commodus]

True, but those loopholes and tricks exist because no one seems to have the political will to close them, and they all feel like fraud to me because the little people never have access to those levers of wealth.

That much I agree on. I look at it this way: at the least, the people using loopholes have basic respect for the law. The Trump family (primarily Donald Sr.) doesn't.

 

[1sikbITCH]

Why did Hillary start that?

Cause she is just as much of an asshole as Thievin' Trump.

 

[zinfamous]

True, but those loopholes and tricks exist because no one seems to have the political will to close them, and they all feel like fraud to me because the little people never have access to those levers of wealth.

yeppers.

I just hope Congress has the stones and integrity to work with and pass Elizabeth Warren's comprehensive bill that aims to "fix" most of these anti-competitive, anti-market, classicist policies in place.


.....lol, who am I kidding?

 

[Greenman]

Remember that we're not talking Trump's government, but NY. All the records going back to Fred Trump will be on file. Unless the high stakes piece the NYT are completely false, lacking any documentation (which they seem to have) then prosecutors will have no problem. NY's forensic financial investigators are unrivaled and the con, which this is, isn't going to hold up.

Maybe, but the IRS has all the same information, and has had it for years.
My guess is that it isn't something the Trumps pulled off on their own, as I very much doubt they do their own taxes. There is certainly a couple of CPA's and tax attorneys involved as well. That doesn't mean they didn't commit fraud, but it might give them an out.

 

[Hayabusa Rider]

Maybe, but the IRS has all the same information, and has had it for years.
My guess is that it isn't something the Trumps pulled off on their own, as I very much doubt they do their own taxes. There is certainly a couple of CPA's and tax attorneys involved as well. That doesn't mean they didn't commit fraud, but it might give them an out.

There's knowing and be willing to prosecute. That others may be involved does not mean Trump is innocent or absolved. Remember Trump tried that recently with Stormy and has now been shown to be in on the coverup quite sometime before he supposedly knew, an as an active participant. The forensic accountants will tear apart all his dealings connected to NY and that is a distinctly uncomfortable position to be in.

 

[VRAMdemon]

I can't imagine a tax-evader of his magnitude suddenly saw the error of his ways and stopped his financial criminality between the 90s and now. Organized crime bosses don't just clean up their acts and go straight one day.

What he did a few decades ago really isn't the story; it's what he's been doing over the last 5-10 years. That Donald Trump sucked on the tit of his father's billions isn't the real story; it's that he sucked those boobs dry and went bankrupt.

Donald Trump not only never repaid his father (that's obvious) - but (also obvious) he has also almost certainly been sucking on someone else's tit to keep his financial shampire alive.

Now let's see...кто это может быть?

 

[Lanyap]

Apparently he is now ranting about how the NYT used the concept of 'time value of money' in its piece. First, that has no relevance to the fraud described and second, how the fuck can a supposedly successful businessman not understand the time value of money? Are you better off financially if your customers pay you today or five years from now?

Some snarky internet people raised the point that the fact that he doesn't understand this basic concept could explain his many business failures, haha.

He pays people to do the smart stuff since he isn't.

 

[VRAMdemon]

It is difficult to get long jail time over taxes. The government needs to absolutely prove your state of mind that you knew that you were filing false tax returns showing a lower liability than you actually knew you had, and not just that you used some shady methods recommended by some shady lawyers and accountants to help you pay less tax that you really don't know anything about. People that generally have those people in between can generally show some sort of ignorance, if only feigned, that what they were doing was not legal, and proving that they knew it was illegal generally requires an affirmative statement from them to that effect.

There is a statute of limitations for income taxes on misstatements not arising from fraud, at least federally, up to 6 years if the misstatement was over 25% of total income. There is no statute of limitations on fraudulent underreporting of income, but again, that fraud has to be proven in court. This is the civil standard, not criminal as in the above paragraph, so isn't quite as hard, but it's still hard, often due to lack of evidence.

https://www.forbes.com/sites/robert...n-or-fraud-timing-is-everything/#406a9f182c24

 

[hal2kilo]

I can't imagine a tax-evader of his magnitude suddenly saw the error of his ways and stopped his financial criminality between the 90s and now. Organized crime bosses don't just clean up their acts and go straight one day.

You didn't watch the godfather movies. He tried, oh how he tried. /s

 

[soundforbjt]

Hearing about this reminds me of the praise of the NK dictator, he earned more at age 3 than the average american professional, by 8, he was a millionaire...

 

[VRAMdemon]

I'm sure he's worried people are going to start figuring out that he's not some financial whiz, and that he's just good at generating revenue by being a circus freak and that whatever money he makes, he burns right through in a flash. He's a fake billionaire. People will eventually find out but they might not immediately care.

I'm sure the story from his lawyers is that Trump knew nothing, and his relatives and tax accountants are to blame. For someone who is very smart and only hires the best people, he sure does seem to end up employing hordes of fuckups and sleazeballs

 

[hal2kilo]

It is difficult to get long jail time over taxes. The government needs to absolutely prove your state of mind that you knew that you were filing false tax returns showing a lower liability than you actually knew you had, and not just that you used some shady methods recommended by some shady lawyers and accountants to help you pay less tax that you really don't know anything about. People that generally have those people in between can generally show some sort of ignorance, if only feigned, that what they were doing was not legal, and proving that they knew it was illegal generally requires an affirmative statement from them to that effect.

There is a statute of limitations for income taxes on misstatements not arising from fraud, at least federally, up to 6 years if the misstatement was over 25% of total income. There is no statute of limitations on fraudulent underreporting of income, but again, that fraud has to be proven in court. This is the civil standard, not criminal as in the above paragraph, so isn't quite as hard, but it's still hard, often due to lack of evidence.

https://www.forbes.com/sites/robert...n-or-fraud-timing-is-everything/#406a9f182c24

Reality is that the Republican party has been attacking the auditing budget of the IRS for quite awhile. They used the faux IRS going after conservative groups to slash some more. Who do you think benefits the most by slashing auditing budgets. Clue: not poor people.

 

[Hayabusa Rider]

This was amusing. Sanders goes live to spread outrageous bullshit and personally insult people. That didn't go as planned.

 

[hal2kilo]

This was amusing. Sanders goes live to spread outrageous bullshit and personally insult people. That didn't go as planned.

Unfortunately, I heard way too much of it while I was on the mail run. To quote Trump, Sad.

 

[Hayabusa Rider]

Unfortunately, I heard way too much of it while I was on the mail run. To quote Trump, Sad.

If there were justice she would be shunned from the world of humanity. As we only have law she can do whatever she likes no matter how reprehensible it is. I believe she calls herself a Christian. I couldn't tell from her words or actions if that's true, but if I were her I'd pray there was no hell. "I'm sorry" isn't going to work and it never has.

 

[Victorian Gray]

The NY Times put a hit piece out on Trump? LOL

And your rebuttal to the article is?

Oh, I see, "lol". Well argued.

 

[fskimospy]

What I wonder about is if there is this much incriminating activity by Trump in his DAD’S tax returns, how much criminal activity is in his own?

It seems more and more likely that if Trump’s tax returns are released he could genuinely end up in prison. (Or at least have to be pardoned to avoid prison)

 

[woolfe9998]

So far we've seen Trump respond to this by saying:

1. The "failing NYT"
2. No one trusts the NYT
3. The article is boring
4. 97% of their reporting on me is negative

While his water carriers on social media call this a "hit piece."

I'd like to see one Trump supporter actually read this article and address its contents directly, including the quality and sheer quantity of evidence it is based on.

Put up or shut up. No one cares about your opinion of the Times.

 

[woolfe9998]

What I wonder about is if there is this much incriminating activity by Trump in his DAD’S tax returns, how much criminal activity is in his own?

It seems more and more likely that if Trump’s tax returns are released he could genuinely end up in prison. (Or at least have to be pardoned to avoid prison)

If the dems retake either house of Congress, they can subpoena Trump's returns. It's yet another reason we all need to go out to the polls come November.

 

[darkswordsman17]

So far we've seen Trump respond to this by saying:

1. The "failing NYT"
2. No one trusts the NYT
3. The article is boring
4. 97% of their reporting on me is negative

While his water carriers on social media call this a "hit piece."

I'd like to see one Trump supporter actually read this article and address its contents directly, including the quality and sheer quantity of evidence it is based on.

Put up or shut up. No one cares about your opinion of the Times.

You're going to be sorely disappointed. For starters, I think you're giving them too much credit, as you assume they have the ability to read. Now, they almost certainly have some basic ability to, but considering how often they regularly misuse and/or don't understand even fairly basic words and phrases, that article is quickly going to be over their heads. Which, they also suffer with horrible reading comprehension ability. So they're starting out at a disadvantage. But that is also what fuels their puffed up self importance and lets them think that what they want to believe is more important than stuff like facts.

I think we can shorten that to "no one cares about your opinion". Republicans sure as hell don't. Most people don't. But, they often even admit and or reveal that they don't because of how hypocritical and full of shit they constantly show themselves to be. Hmm, well there is one person that cares. Turmp. But he only hears them cheering and supporting him, he doesn't actually care about their opinion beyond that.

 

[zinfamous]

I'm sure he's worried people are going to start figuring out that he's not some financial whiz, and that he's just good at generating revenue by being a circus freak and that whatever money he makes, he burns right through in a flash. He's a fake billionaire. People will eventually find out but they might not immediately care.

I'm sure the story from his lawyers is that Trump knew nothing, and his relatives and tax accountants are to blame. For someone who is very smart and only hires the best people, he sure does seem to end up employing hordes of fuckups and sleazeballs

Actually, NY billionaires figured this out long ago. That's literally why he was never invited to their billionaire charity parties. He was always a pompous ass that was 100% bravado, 0% class, and 0% value. He was smoked out of all the circles that he so desperately wanted to be accepted in, and he still isn't.

This angers him tremendously. He actually believed that "winning" the presidency would make people respect him. Now, even more people actually hate him, and he has exposed himself to never-ending scrutiny. Let's just hope he's wearing dress blues by the end of 2019, or 2020. whatever.

Or just fucking dead from an infarct. I don't give a fuck about useless, pompous pigs.