Merry Fitzmas!!
It’s a flimsy case saying that some corporate officers received benefits of which they did not pay the proper taxes. So first up, they have to prove these benefits were, in fact, taxable income, and then that they intentionally didn’t pay taxes on them. Not an easy case to make at all since tax law is complicated and often open to interpretation of the tax preparer. Rest assured, Trump had top tax attorneys and accounting firms who were preparing the corporate taxes and they can explain exactly what they did and why they did it using the tax law.
Typically if these things come to loggerheads, the IRS and the Corp reaches some agreement, if anything is to be paid it’s less that what the IRS would have wanted, the fine is paid, and that’s it. No reason for the CEO to be concerned as he has no criminal record and, if anything is even found, it will be considered an error and settled. Chances are the charges won’t stick.
This is all to keep Trump under suspicion hoping his influence will fain. They still believe they can separate Trump from those who support him.
(That’s why you get posts like this — “It also exposes Trump's crimes without a direct assault. This will slowly shape MAGA cult's minds. As they see more and more criming, they will start to loose hope and might accept direct criminal charges later. They will see Trump for the scammer he is, and how he's built a system to dodge taxes and funnel money.)
It’s as if they don’t realize that attacking him only makes more people less trusting of gov’t.
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Thanks, sir.
Knew you would help out on this issue, and will opine further as we get closer to the weekend.
According to the clearly liberal Washington Post (requires a subscription so no link, but my property taxes grant me the ability to read their madness):
New York prosecutors officially charged former president Donald Trump’s business with defrauding the government, after securing indictments on 15 counts from a grand jury. Trump’s chief financial officer, Allen Weisselberg, was charged with filing false tax returns in addition to the same counts the company was charged with.
“To put it bluntly, this was a sweeping and audacious illegal payment scheme,” said Carey Dunne, a prosecutor with the Manhattan District Attorney’s office, at Weisselberg’s arraignment hearing on Thursday. “It’s not about politics.”
What Trump’s company was charged with: Trump’s business, including the Trump Organization and the Trump Payroll Corp., was charged with 11 crimes, including a scheme to defraud, conspiracy, grand larceny, three counts of criminal tax fraud in the first degree and one count of criminal tax fraud in the fourth degree, and four counts of falsifying business records.
What Trump’s chief financial officer was charged with: Weisselberg was charged in all 11 counts that applied to the Trump Organization, plus four additional counts of offering a false instrument for filing, which essentially means prosecutors say he lied on his taxes.
They say Weisselberg avoided paying more than $130,000 in taxes he should have paid........
In other terms, this is a parking ticket. However the Kleenex and Jergens libs think that this has toast and Trump is legs.
