NY Tax Department Investigating Trump Tax Fraud

Fantine

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New York tax department investigating fraud allegations against Trump

This follows a more than one year investigation by the NY Times which included 100,000 pages of documents from the Trump Organization in the 1980's and 1990's.

Through a series of sham corporations, the Trumps transferred approximately $1 billion to their children. The result of this was that instead of taxes of $550 million being due, the heirs only paid $52.5 million.

Trump was not a self-made man. His father bailed him out many times to a cost of about $60 million. DJT conspired to have his father leave the entire estate to him. He was influential in setting up the sham corporations to evade taxes.

Hopefully this will dispel the illusions many of you have about Donald J. Trump.
 

Speedwell

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His followers won't believe a word of it--just more evidence of the Soros/Clinton conspiracy to destroy all that is good about America and turn it into an atheistic socialistic dictatorship under the iron rule of Hillary.
 
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Saucy

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New York tax department investigating fraud allegations against Trump

This follows a more than one year investigation by the NY Times which included 100,000 pages of documents from the Trump Organization in the 1980's and 1990's.

Through a series of sham corporations, the Trumps transferred approximately $1 billion to their children. The result of this was that instead of taxes of $550 million being due, the heirs only paid $52.5 million.

Trump was not a self-made man. His father bailed him out many times to a cost of about $60 million. DJT conspired to have his father leave the entire estate to him. He was influential in setting up the sham corporations to evade taxes.

Hopefully this will dispel the illusions many of you have about Donald J. Trump.
Is this the best you guys have? Hey, lets put some garbage out from under out hats from the 80s and 90s and pretend like it has any bearing on 2018!
 
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evoeth

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Is this the best you guys have? Hey, lets put some garbage out from under out hats from the 80s and 90s and pretend like it has any bearing on 2018!

This is what sticking one's head in the sand looks like.

Yes Virginia. 440 million in tax evasion by a guy presently worth approximately that + market return, definitely had an effect on present day.
 
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wing2000

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Trump Sr. earned his money...
Before he turned 20, Fred Trump had already built and sold his first home. At age 35, he was building hundreds of houses a year in Brooklyn and Queens. By 45, he was building some of the biggest apartment complexes in the country.

No wonder DJ Trump feels so inadequate:
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8.

...


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

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This is what sticking one's head in the sand looks like.

Yes Virginia. 440 million in tax evasion by a guy presently worth approximately that + market return, definitely had an effect on present day.
How is it sticking my head in the sand when this doesn't matter? It doesn't. At all. It's old news. He hasn't even been convicted of anything, just investigated, but you already peg him as guilty.
 
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Go Braves

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New York tax department investigating fraud allegations against Trump

This follows a more than one year investigation by the NY Times which included 100,000 pages of documents from the Trump Organization in the 1980's and 1990's.

Through a series of sham corporations, the Trumps transferred approximately $1 billion to their children. The result of this was that instead of taxes of $550 million being due, the heirs only paid $52.5 million.

Trump was not a self-made man. His father bailed him out many times to a cost of about $60 million. DJT conspired to have his father leave the entire estate to him. He was influential in setting up the sham corporations to evade taxes.

Hopefully this will dispel the illusions many of you have about Donald J. Trump.

I don't see how on earth anybody reasonable could have ever thought Trump was a self-made man when he grew up with a silver spoon in hand, a gold toilet under his butt. Even by his own tales he got a "small" loan of a million dollars at a young age, when that of course money was an even huger amount than now. It's not surprising that claim that it was "only" that amount was false.

That's a good article, thanks for posting it
 
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Fantine

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The NY Times spent one year investigating the facts for this article. They have 100,000 pages of documents and numerous interviews. Doesn't sound like old news to me.

Shame on him for going to places like West Virginia, where people are worse off than they were in 2016, and pretending he was a self made man.
 
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Revealing Times

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Is this a FLAIMING THREAD also or is it just the Conservative threads that get Locked ? LOLOL. The reason I stopped coming to the political site before was the same reason, start a thread, if it is by a conservative who has made a good point....LOCK IT....LOL. Control the narrative. We get it.SMH.
 
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Kentonio

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Is this a FLAIMING THREAD also or is it just the Conservative threads that get Locked ? LOLOL. The reason I stopped coming to the political site before was the same reason, start a thread, if it is by a conservative who has made a good point....LOCK IT....LOL. Control the narrative. We get it.SMH.

This is breaking news by a highly respected media outlet that has substantial evidence that appears to show the President of the United States is a liar and fantasist and may have commited serious financial crimes that cost the American taxpayers hundreds of millions of dollars.

This is what people used to call 'news'.
 
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FenderTL5

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His followers won't believe a word of it--just more evidence of the Soros/Clinton conspiracy to destroy all that is good about America and turn it into an atheistic socialistic dictatorship under the iron rule of Hillary.
A significant portion of his disciples consider paying taxes as theft. They will likely see this as a virtue.
 
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Fantine

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A significant portion of his disciples consider paying taxes as theft. They will likely see this as a virtue.
But part of the Trump Family Scam involved rent-controled apartments. A 'dummy' company with the Trump children as stockholders served as purchasing agent for Trump, Sr.'s businesses. So a boiler would blow--replacement cost $10K. The dummy company would buy one for $10K, and charge Trump, Sr's company $50K. Trump Sr's company would pay them $50K---and $40K would go to the children, free of gift taxes....

But that's only part of it. He would then tell the Rent Control Board, "I paid $50K for this boiler, so I need to raise rents by $100 a month to recoup the cost...." So not only was he not paying taxes, he was dishonestly raising the rents of working class New Yorkers who were probably busting their buns to afford the rents they were paying. So would the "disciples" call that "honest?"

It's just like how he's ripping off us taxpayers today with his expensive and excessively frequent trips to his country clubs, for which the Secret Service and other agencies are paying full price.
 
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