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

Page 7 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

HomerJS

Lifer
Feb 6, 2002
36,730
28,907
136
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
How did they manage to get Al Capone?
 

zinfamous

No Lifer
Jul 12, 2006
111,134
30,084
146
How did they manage to get Al Capone?

"Difficult" implies a rate.

Al Capone was one guy, out of tens of thousands. That's actually what "really difficult" means, I would say.

Also, Al Capone is a major target, that was actually responsible for murdering and ordering the murder of people in broad daylight. Everyone knew it, they just couldn't prove it. That's how fucked things are: You know a guy is responsible for murdering dozens and dozens of people, but you still need the hard evidence, of course. It seems that separating yourself from the actual trigger by an order of 1 or 2 people is a pretty easy way to get away with it for a long time. Funny, that.

So, as a known murderer and illegal alcohol importer--and I'd just like to see conservative idiots come here and claim that no one could have "known" that Al Capone was a murderer because it wasn't then "proven" and "never was!" proven in a court of law, I mean, just come in here and claim that with a straight face--he was already a unique target that would get unique attention anyway. That kind of sets him aside from the "regular" population of consistent tax fraudsters.
 
  • Like
Reactions: Meghan54

VRAMdemon

Diamond Member
Aug 16, 2012
7,017
8,545
136
Everything he has or ever had, he was handed to him by Daddy and/or the Russians. And he burned through a fair piece of all that because he is such a lousy incompetent "businessman". It doesn't seem he even tries to be a good businessman; he tries to buy assets (real estate) and tries to generate cash. But he burned through probably the vast majority of his family's fortune. He was just fortunate that banks saw enough value in the Trump brand to convince themselves not to completely liquidate. He generates cash because he knows how to draw attention to himself. He knows people love a good trainwreck/spectacle.

The Russians (and perhaps Deutsche Bank) have him now. DB was one of the few banks that would actually do business with him, and one can only speculate as to why they'd agree to do that. Again, Why would he suddenly decide to just stop all of a sudden one day. Like his phony "charities" and whatever money he raked/rakes off the political handouts he keeps getting and his Emoluments money.

Trump claims to have a world-class memory, but it certainly wasn't on display during his deposition for a lawsuit over Trump University. "I don't remember," Trump told lawyers 35 times during his December testimony,
 
  • Like
Reactions: darkswordsman17