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.
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.