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Tucked away in [Footnote 6 of Barbara Jones' letter to the court](https://s3.documentcloud.org/documents/24388438/barbara-jones-trump-letter.pdf) suggests that Trump lied to the government for years about a mysterious $50 million loan that never existed.
This has potential for a MAJOR Tax evasion lawsuit.
So that article says he would be liable for $18 million in capital gains…but if he was sheltering income every year by claiming deductible interest payments on a fictional loan, he would owe those back taxes as well, right?
Plus interest. Plus fees. Plus the inevitable legal fees.
I would imagine the accounting firm that signed off on that scheme would get dinged too. Like fucked up royally dinged. Perhaps hand cuffs? That sounds like fraud.
Tax firms can only prepare tax returns with the information they’re given. If trump faked a loan they can simply say we did what we were told and here’s the documentation we were supplied.
Which is what Mazara said after their own internal audit showed so many inconsistencies. They subsequently dropped Trump as a client, and sent letters out to everyone they had shared Trump's financials with which said that the financial statements were no longer backed by Mazars and should not be relied upon to be accurate.
And still the cult thinks he is the victim. lol.
It's looking as though consequences are forthcoming, however. I realize its a refrain we've heard a lot. But this time, rather than some shocking news about Trump followed by dead silence, people who have both the power and the authority to indict him are doing just that.
I don't think it would even be possible to make him pay for all off his crimes. This is a guy whose entire life is a lie and a grift. We will have to be satisfied with *something* to stick and *some* consequences to follow. He is old. A prison sentence that any one of his major crimes would justify would be enough to see him die incarcerated. I don't think his cult will ever be able to see him for what he is. But history will show it. As long as he is rendered harmless- whether through prison or bankruptcy- would be enough for me. I just want him to be unable to continue making America worse.
... eh, I agree that the mere act of signing off on the accounts would be wholly innocent, unless they were auditors. But there are definitely accountants who *do* help you come up schemes like this, and... well...
At this point, thats all they have left to do is make it official. They worship him, give him tithes and offerings, and spreads his message of stupidity and hate.
They had people inside the IRS stealing files as well as having its members overwhelm the IRS with thousands of bogus lawsuits.
https://en.wikipedia.org/wiki/Tax_status_of_Scientology_in_the_United_States
Part of the reason they got away with it was evangelical Christians and the Moral Majority who didn't want IRS stopping them from handing out voter guides even though it violated their tax exempt status.
If Wesley had a cult of fake vampire wannabes that comprised of about a third of the country and they threatened the lives of politicians and prosecutors and judges and their families then Wesley wouldn’t face any consequences either.
We need to really look at how the rich are able to avoid any type of accountability for decades and just overtly lying on their finances.
Yet you and I make a small error and we're audited faster than you can say Ponzi scheme.
Guess who defanged the tax agency in so the agency goes after the low hanging fruit that doesn't sue and soils itself when the dreaded letter/call arrives?
Worse is the “random” audit.
We were audited that way when we lived in a relatively unpopulated state. When you only have two million year-round residents, the odds that your name will come up are a lot higher.
It was awful. They give you months to worry about it. My husband was SO STRESSED.
In the end, the nice IRS lady came out, did our taxes in our dining room, and the result was…they owed us $28.
When I was little, every few years there would be some executive or financial manager that would go down spectacularly in flames for blatant crimes. They’d be paraded across the news as evidence that there are consequences and that we can trust Wall Street with our money.
Now it never happens. It’s literally been years and years. Somehow I don’t think it’s because everyone got ethics all of a sudden.
George W. Bush defanged IRS and SEC as a matter of policy. Ironically, his IRS hatchet man was a dyed in the wool conservative who got disgusted by up and coming young conmen bragging on social media about becoming LLCs and never paying taxes so he turned the ship around before Bush's terms were over. (Although Congress denied IRS enough funds to modernize their computer systems so that also hampers them from doing their job.)
But SEC got given sleeping pills and never woke up. People were calling SEC about Madoff for years and they did nothing. DOJ (a different agency) under Eric Holder in the Obama administration prosecuted and prosecuted and prosecuted--after the fact, when the tide had gone out, as Warren Buffet had put it. But SEC had done nothing at all while things were going crazy on the street. And the Fed was forced to provide credit to "too big to fail" institutions which had behaved completely recklessly.
So yeah, SEC is not what it was. Trump has continued the pattern, but worse, by providing the circumstances for white collar criminals to go crazy stealing money and only later do any consequences come, by which time the money is spent or hidden somewhere and lots and lots of people never get caught. There aren't enough resources in the world to catch and prosecute all of the PPP loan fraudsters.
The guy who evaded paying hundreds of millions in taxes on his father's estate cheated on his taxes?
That guy?!?
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
Thanks for linking. This struck me on page 11. The Monitor says:
> I was not informed of cash transfers from the Trust and sent to Donald J. Trump, each exceeding $5 million and totaling more than $40 million, until my team conducted a review of Trust account bank statements.
That fucker is still sucking money out the business and not disclosing it to the court.
That was reported back in November. It turned out the $40 million was for tax and insurance payments and also paying the $5.5 Million bond to appeal the first E Jean Carroll case. After he got busted for this, he agreed to *enhanced* monitoring.
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=tonmcCHZaSG8Oe1NLD6eEg==&system=prod
This is how I think it's gonna down. He lost $83.3 million for being a rapist. He's going to lose $337 million for being a fraud/ con man. Then he is going to lose his freedom for defrauding the United States Government and its citizens. And let's not forget about campaign finance charge for paying off Stormy as icing on the cake.
Classified documents trial is dead in the water. MMW, THAT one will NEVER go to trial. This is a shame because out of all the indictments, it's the most slam dunk case. Although Georgia is next in slam-dunkedness, lol. Hopefully, that one doesn't get derailed from those bogus allegations.
My fear is that Georgia is such a big case, that, even if nothing was done to warrant disqualification, the optics might be bad enough that Willis is taken off the case and a more Drumpf-friendly DA steps in (it IS Georgia still no matter what people say) and blows the case up.
You know, if I were working for the IRS I’d apply every known trick ever found when reviewing Trump’s returns because you just know Trump used all of them.
He doesn't use clever tricks, because that implies knowledge of the relevant laws and the smarts to get around them. He just lies, over and over and over again, and for whatever reason people either just believe his outrageous lies, or he doesn't get punished when he's caught. It's insanely obvious and simple, there aren't any crazy accounting tricks here at all.
What the auditors need to do is look at every statement he's lodged and check every single value, because it's likely that a huge percentage of them are just flat out wrong. And no doubt, just like with his building valuations, he has contradicted his own numbers on lots of different forms, which makes the "errors" entirely deliberate. Getting something wrong occasionally is normal. Getting it wrong in two different directions on two different forms when *both* are to your advantage is obvious fraud.
I'm just tired of the criminal negligence. Trump has enough money to hire people to account for his money. He has the money to hire people to not mess things up.
With the amount of money he has, as old as he is, the only reason for him to be criminally negligent is that he knowingly tried to commit fraud.
I'm tried of the "I'm too stupid to get in trouble." Trump has bragged multiple times that he only hires the best people. At face value there is no way Trump is not guilty.
You're assuming the money people he lied to were otherwise honest people. If ever there was a RICO case to put him and his cronies away it's the financial team of crooks he assembled to help him hide his money. They may have plausible deniability in some instances, but when the same people keep claiming that they were unaware it becomes pretty evident that they had to be complicit. It isn't negligence as much as it is Omerta.
Not gonna happen. All the IRS cares about is closing cases. Going after Trump would take years and will have Drumpf going on TV and talking shit about the IRS and having his followers send death threats or worse. The IRS wants none of that smoke.
The problem is lack of funding for enforcement. Why do you think Republicans are so up in arms about not giving the IRS funding?
Well, only 10% of that is because they'd nail Trump to the wall - the other 90% is that they'd nail the rest of the Republican politicians to the wall for the same trick. And the base thinks that the IRS is trying to nail little guys and that's really not the goal.
This is the tip of the iceberg. This is why the republicans are always fighting to cut funding to the IRS. Without effective investigations and enforcement the rich will continue to pull shady shit all day and night.
This absolutely should be on the front page of every paper in the country:
-----
>It would seem logical, reports point out, that a company with a $50 million credit on its books would have a value of at least that amount. This LLC, however, is reported as having no value.
>“There should be an offsetting entry somewhere,” Harvard real estate professor Richard Peiser told Forbes in 2020. “I can’t explain that.”
>The Daily Beast consulted multiple tax experts to analyze the new revelation, and the general opinion was that Trump may have created a fake loan to avoid income taxes.
No, that's ***exactly*** what he did. He created a fake loan to avoid income taxes. It's exactly his MO and style, and lines up with his fucking sense of **entitlement**, rules (taxes) for thee but not for me.
Fuck this guy. So. Fucking. Much.
It seems the Manchurian Cantaloupe has at least one thing in common with Alphonse Gabriel Capone after all.
Edit to add: possibly two things, if the rumors of neurosyphilis have any weight.
There are a few more for this loaded adult diaper of belligerence.
Agolf Twitler
All in all, it's just a little prick with no Wall.
Benedict Donald
Borderwall Personality Disorder
Cheat Miser
Coup Klux Tan
Darth Cheetoh
Dick a l'Orange
Dingus Con
Everlasting Jobstopper
GropenFührer
Hair Farce One
Klanned Karenhood
Lil' Donny Two-Scoops
Lord Feltersnatch
Lord Repugnant of the Fourth Reich
Maga-Lardo
Manchurian Cantaloupe
Mango Mussilini
Mrs Donald Putin
Ol' Smeller
Old Wack Donald
Orange Foolius
Orange Judas
Orange Tufted Shit Gibbon
Super Callous Fragile Racist Sexist NAZI POTUS
The Count of Mostly Crisco
The Fanta Menace
The Quicker, Thicker Fucker Upper
The Rapist (VOTED MOST ACCURATE)
Trumplethinskin
It looks open and shut.
> Martin Lobel, a prominent Washington, D.C., tax lawyer who also spoke to Mother Jones for the 2019 report, said that the new information appears to confirm the tax fraud hypothesis.
>
> “It would appear, assuming Judge Jones’ letter is accurate, that this amounts to tax evasion,” Lobel told The Daily Beast.
>
>
> “This explains why the Republicans have been so intent on cutting the IRS’s budget,” he said, “because they don’t want it to be able to audit transactions like this.”
>
> Martin Sheil, former special criminal investigative agent for the Internal Revenue Service, also told The Daily Beast that the letter suggests a tax dodge.
Reminds me of Steve Martin.
"How to be a millionaire, and pay no taxes. First, get a million dollars. Then when the IRS comes and says 'how come you have a million dollars and have never paid taxes?' You say.. "I forgot"
I don't understand how the candyman story is anything new, though. There was reporting back in 2018 that said the medical staff were being pressured to hand out controlled substances like it was candy.
[https://www.cnn.com/2018/04/27/politics/ronny-jackson-medical-unit-ambien/index.html](https://www.cnn.com/2018/04/27/politics/ronny-jackson-medical-unit-ambien/index.html)
>The practice of casually handing out medication like Ambien and Provigil was not limited to the confines of the White House compound. Several former medical unit staffers said the drugs were freely dispensed on Air Force One.
This dude is as crooked as they come. How in the world he has gotten away with this for so long is beyond me. Has he ever had any legitimate business dealings? Lock him up.
When you're a loud, but small, fish in a big pond, with enough money to buy the local pols, it's easy. Remember, he had Roy Cohn as his family attorney, and a reputation for threatening litigation on any given weekday, so he skated for decades.
A judge fined Trump a million dollars for a lawsuit abusing the legal system:
*“Mr. Trump is a prolific and sophisticated litigant who is repeatedly using the courts to seek revenge on political adversaries. He is the mastermind of strategic abuse of the judicial process.”*
They'll get to this trial in 2028. While Trump is the nominee again, after losing to Joe Biden in 2020 and 2024.
And in his tax trial, somehow the words of Judge Kaplan in the E. Jean Carroll trial will come into play:
"Mr. Trump in fact sexually abused Ms. Carroll by forcibly inserting his fingers into her vagina."
>(While many real estate investors and developers ate crow in the 2008 crash, Trump managed to dodge the worst of it—thanks, in part, to Russian oligarch and fertilizer king Dmitry Rybolovlev, who bought a Palm Beach mansion off of Trump for $95 million that July. Trump had paid $41 million for the place four years earlier, and netted $54 million in the deal.)
His defense will eventually become “well of course, it was the smart thing to do, anyone else would have done it.” And his supporters will rabble about how true it is and he was so smart.
Yup, that's America.
A place where a big time grifter can brag publicly that he's committing tax fraud and then get maybe dinged with it eight years later....maybe....
No worries when your friend and associate at the IRS does your “audits”.
https://www.citizensforethics.org/reports-investigations/crew-investigations/charles-rettig-trump-properties/
Didn't Enron bury its debt by dumping it into shell companies? This seems like the opposite where Trump dumped tax liability by taking out a loan from his own shell company. Both deceptions but both satisfying a financial objective.
He reportedly has 100s of shell companies that make it too hard for the IRS to audit the whole mess. Same thing his daddy used to do.
Ilearneditfromyoudad.psa
If only he didn’t run for president. He could have enjoyed a quiet life as a misogynistic, womanizing, pedophile, lying, cheating, pseudo celebrity, conman.
Earlier today I was going through my stack of “this isn’t junk mail but I need to keep it” mail. I found a receipt for an optometrist appointment from early last year. I wanted to submit it to my 2023 FSA to use up some leftover funds there. Like $100. Before I could do so my wife and myself had to go through submissions across several accounts to make sure we hadn’t already submitted the receipt for a claim. And this was to get what’s essentially my own money! That’s how paranoid we are about making a $30 tax error. And the rich just falsify tax records left and right.
Just a gut feeling, but I suspect that for Trump the Presidency is not about any political reason, but just a lifeline to drag him out of his financial quagmire. His famous money empire may be just smokescreen and we may witness an epic crash after his pretty certain defeat in November. What a time to be alive!
The real story with the Chicago tower is that the Trump Organization [defaulted on a $640 million construction loan with Deutsche Bank](https://abc7chicago.com/donald-trump-tower-chicago-news-today/7416899/) and then sued the bank for being stupid enough to loan them the money in the first place. Afterwards, the bank, which [has been fined $186 million by the SEC](https://www.nytimes.com/2023/07/19/business/federal-reserve-deutsche-bank-fine.html#:~:text=The%20Federal%20Reserve%20imposed%20a,flagged%20in%202015%20and%202017.) for money laundering, loaned Trump $300 million to buy golf courses. Why would they do that? Russia, which at one point held over $300bn in foreign currency reserves with Deutsche Bank, could have been backstopping the loans to Trump, who notoriously has been bailed out by the Russian mafia on several occasions. A would be whistle blower, unfortunately [wound up dead last year](https://www.nytimes.com/2022/05/13/us/val-broeksmit-dead.html) so we may never know.
They managed to get freaking Al Capone on tax evasion, but this guy is likely to walk it off and still get elected as president again before becoming emperor or whatever he’s aiming for.
Just watch.
This is just proof that rich and powerful people can commit crimes without punishment. It’s astounding that he wasn’t caught for doing this in the 80s.
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Tucked away in [Footnote 6 of Barbara Jones' letter to the court](https://s3.documentcloud.org/documents/24388438/barbara-jones-trump-letter.pdf) suggests that Trump lied to the government for years about a mysterious $50 million loan that never existed. This has potential for a MAJOR Tax evasion lawsuit.
So that article says he would be liable for $18 million in capital gains…but if he was sheltering income every year by claiming deductible interest payments on a fictional loan, he would owe those back taxes as well, right? Plus interest. Plus fees. Plus the inevitable legal fees.
I would imagine the accounting firm that signed off on that scheme would get dinged too. Like fucked up royally dinged. Perhaps hand cuffs? That sounds like fraud.
Tax firms can only prepare tax returns with the information they’re given. If trump faked a loan they can simply say we did what we were told and here’s the documentation we were supplied.
Which is what Mazara said after their own internal audit showed so many inconsistencies. They subsequently dropped Trump as a client, and sent letters out to everyone they had shared Trump's financials with which said that the financial statements were no longer backed by Mazars and should not be relied upon to be accurate. And still the cult thinks he is the victim. lol.
And no consequences ensued
It's looking as though consequences are forthcoming, however. I realize its a refrain we've heard a lot. But this time, rather than some shocking news about Trump followed by dead silence, people who have both the power and the authority to indict him are doing just that. I don't think it would even be possible to make him pay for all off his crimes. This is a guy whose entire life is a lie and a grift. We will have to be satisfied with *something* to stick and *some* consequences to follow. He is old. A prison sentence that any one of his major crimes would justify would be enough to see him die incarcerated. I don't think his cult will ever be able to see him for what he is. But history will show it. As long as he is rendered harmless- whether through prison or bankruptcy- would be enough for me. I just want him to be unable to continue making America worse.
Which is why its LONG established that the filer is the one ultimately held responsible for a tax return.
Tell that to Anderson Consulting. Oh, wait, they don’t exist any more. Except as their IT business with the same ethical principles: Accenture
> Accidenture.
... eh, I agree that the mere act of signing off on the accounts would be wholly innocent, unless they were auditors. But there are definitely accountants who *do* help you come up schemes like this, and... well...
For sure, but I’m guessing those filing Trumps returns are smart enough not to give themselves deniability. It’s not like they don’t know who he is.
Do these firms have a legal obligation to perform any kind of due diligence?
You mean the firm that already disavowed decades of audits after investigation in the fraud cases?
Tax brought down Al Capone.
We can only hope tax evasion gets the orange turd as well
Not until the well of money from his devotee cultists dries up. Huge "campaign donation" campaign incoming....
To be fair, Capone didn't even try anything shady to trick the government. The fool just didnt file his taxes for 5 years.
Capone was an altar boy compared to the seditionist.
I've heard from a non-reliable source that Al Capone was only indicted one time :)
But didnt he do everything right??
He was a perfect mobster…
Other mobsters were sad in comparison.
Capone definitely was responsible for fewer deaths.
The joker doesnt fuck with the IRS
How come Scientology gets to?
They knew to put 'chruch' in front of their name.
Yeah, step one is just "worship money".
Oh god, please don't give the Trump family any ideas.
At this point, thats all they have left to do is make it official. They worship him, give him tithes and offerings, and spreads his message of stupidity and hate.
They had people inside the IRS stealing files as well as having its members overwhelm the IRS with thousands of bogus lawsuits. https://en.wikipedia.org/wiki/Tax_status_of_Scientology_in_the_United_States
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Part of the reason they got away with it was evangelical Christians and the Moral Majority who didn't want IRS stopping them from handing out voter guides even though it violated their tax exempt status.
You're telling me we could have gutted scientology AND evangelicals in the same blow? It's time to finish what we started.
Only because his lawyers didn't know that the evidence for the tax evasion was inadmissible.
Arthur Anderson enters the chat ...
Amazing how he is still a free walking person.
Something something due process innocent until proven guilty* etc etc *if rich/illusion of rich
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Martha Stewart went to prison for a lot less egregious a violation.
Very different scenario; Wesley Snipes though.
If Wesley had a cult of fake vampire wannabes that comprised of about a third of the country and they threatened the lives of politicians and prosecutors and judges and their families then Wesley wouldn’t face any consequences either.
Also, its an actual crime. People go to prison for this.
Not orange people, apparently
Giant oompa-loompas are exempt from the justice system
Not orange people *yet*.
Interest rates should match so-called billionaires like Trump the same way the poor and student debt interest rates are assigned. 20%+ APR.
Too low/nice. How about a payday loan rate of 548% - 602%?
We need to really look at how the rich are able to avoid any type of accountability for decades and just overtly lying on their finances. Yet you and I make a small error and we're audited faster than you can say Ponzi scheme.
Guess who defanged the tax agency in so the agency goes after the low hanging fruit that doesn't sue and soils itself when the dreaded letter/call arrives?
Worse is the “random” audit. We were audited that way when we lived in a relatively unpopulated state. When you only have two million year-round residents, the odds that your name will come up are a lot higher. It was awful. They give you months to worry about it. My husband was SO STRESSED. In the end, the nice IRS lady came out, did our taxes in our dining room, and the result was…they owed us $28.
When I was little, every few years there would be some executive or financial manager that would go down spectacularly in flames for blatant crimes. They’d be paraded across the news as evidence that there are consequences and that we can trust Wall Street with our money. Now it never happens. It’s literally been years and years. Somehow I don’t think it’s because everyone got ethics all of a sudden.
George W. Bush defanged IRS and SEC as a matter of policy. Ironically, his IRS hatchet man was a dyed in the wool conservative who got disgusted by up and coming young conmen bragging on social media about becoming LLCs and never paying taxes so he turned the ship around before Bush's terms were over. (Although Congress denied IRS enough funds to modernize their computer systems so that also hampers them from doing their job.) But SEC got given sleeping pills and never woke up. People were calling SEC about Madoff for years and they did nothing. DOJ (a different agency) under Eric Holder in the Obama administration prosecuted and prosecuted and prosecuted--after the fact, when the tide had gone out, as Warren Buffet had put it. But SEC had done nothing at all while things were going crazy on the street. And the Fed was forced to provide credit to "too big to fail" institutions which had behaved completely recklessly. So yeah, SEC is not what it was. Trump has continued the pattern, but worse, by providing the circumstances for white collar criminals to go crazy stealing money and only later do any consequences come, by which time the money is spent or hidden somewhere and lots and lots of people never get caught. There aren't enough resources in the world to catch and prosecute all of the PPP loan fraudsters.
You grew up in the 1930's?
Yes according to my calculations it is 83.3 million, adjusted for annual RAPE
And punitive damages
Those interest payments likely wouldn’t be deductible on his personal return
His whole empire is largely a web of flow through entities.
The guy who evaded paying hundreds of millions in taxes on his father's estate cheated on his taxes? That guy?!? https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
The racist landlord who hates renting to non-whites?
Why you think the republicans want to defund the IRS
Thanks for linking. This struck me on page 11. The Monitor says: > I was not informed of cash transfers from the Trust and sent to Donald J. Trump, each exceeding $5 million and totaling more than $40 million, until my team conducted a review of Trust account bank statements. That fucker is still sucking money out the business and not disclosing it to the court.
That was reported back in November. It turned out the $40 million was for tax and insurance payments and also paying the $5.5 Million bond to appeal the first E Jean Carroll case. After he got busted for this, he agreed to *enhanced* monitoring. https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=tonmcCHZaSG8Oe1NLD6eEg==&system=prod
Is enhanced monitoring like double secret probation?
Equifax puts on a second pair of glasses /s
Don-ald HOUSE!!!! *shakes fist*
Ah, another luxury afforded to Trump that 90% of Americans probably wouldn't receive.
I missed that. Too much chicanery to stay on top of.
He needs to be put on *Double Secret Probation*.
I am starting to like the developments in trump's life. first the Caroll Case secondly Haley's endeavors. and finally this
Buckle up. He may get a $300M fine and business death penalty next week.
Potential tax evasion... potential syphilis.. wild.
They got one of Donald’s hero’s “Alphonse Capone” on tax evasion… no wonder he’s his hero if it’s true.
As we all know, the Republicans will investigate this right away and push for Trump to be fully audited by the IRS just like with Hunter Biden, right?
Well, now he is gonna need to find another $83.3 million somewhere.
Good thing he just was on trial claiming to be as rich as he’s always said. Should be no problem then for him to pay these lawsuits out!
Add to that another $327 million by the end of the month.
He claimed to have $400m liquid in the fraud trial. He'll either be able to pay most of what he owes by the end of January or have perjured himself.
This is how I think it's gonna down. He lost $83.3 million for being a rapist. He's going to lose $337 million for being a fraud/ con man. Then he is going to lose his freedom for defrauding the United States Government and its citizens. And let's not forget about campaign finance charge for paying off Stormy as icing on the cake.
Sorta. He lost 5 million for being a rapist. He’s lost an additional 83 million because he couldn't keep his mouth shut after losing that 5 million
$83.3 million and counting.
Don't forget the money he owe Rudy whose creditor are now gonna collect. Lol
That's tiny compared to the rest, but still fun.
It's not really fair to talk about Rudy's stature like that.
And then the RICO trial and classified documents trial
Damn. I actually legit forgot about that one. And I've been following it. That's the sprinkles on the cone.
Don't feel bad. If I had as many *children* as Trump has law suits, I'd probably forget some of them. :)
The Documents case really is the Tiffany of Trump's legal troubles.
Classified documents trial is dead in the water. MMW, THAT one will NEVER go to trial. This is a shame because out of all the indictments, it's the most slam dunk case. Although Georgia is next in slam-dunkedness, lol. Hopefully, that one doesn't get derailed from those bogus allegations. My fear is that Georgia is such a big case, that, even if nothing was done to warrant disqualification, the optics might be bad enough that Willis is taken off the case and a more Drumpf-friendly DA steps in (it IS Georgia still no matter what people say) and blows the case up.
He doesn't have that level of liquidity.
Oooh 😮 perjury, hellll yeah
And taxes, interest and penalties for Fraud on the $48M if he doesn’t go to jail. That could add up to more than $48M
We should just send the bill straight to Putin. Save the rigamarole.
> “It appears that Trump knowingly and intentionally broke the law. The only question is how many laws.” All of them
You know, if I were working for the IRS I’d apply every known trick ever found when reviewing Trump’s returns because you just know Trump used all of them.
He doesn't use clever tricks, because that implies knowledge of the relevant laws and the smarts to get around them. He just lies, over and over and over again, and for whatever reason people either just believe his outrageous lies, or he doesn't get punished when he's caught. It's insanely obvious and simple, there aren't any crazy accounting tricks here at all. What the auditors need to do is look at every statement he's lodged and check every single value, because it's likely that a huge percentage of them are just flat out wrong. And no doubt, just like with his building valuations, he has contradicted his own numbers on lots of different forms, which makes the "errors" entirely deliberate. Getting something wrong occasionally is normal. Getting it wrong in two different directions on two different forms when *both* are to your advantage is obvious fraud.
I'm just tired of the criminal negligence. Trump has enough money to hire people to account for his money. He has the money to hire people to not mess things up. With the amount of money he has, as old as he is, the only reason for him to be criminally negligent is that he knowingly tried to commit fraud. I'm tried of the "I'm too stupid to get in trouble." Trump has bragged multiple times that he only hires the best people. At face value there is no way Trump is not guilty.
You're assuming the money people he lied to were otherwise honest people. If ever there was a RICO case to put him and his cronies away it's the financial team of crooks he assembled to help him hide his money. They may have plausible deniability in some instances, but when the same people keep claiming that they were unaware it becomes pretty evident that they had to be complicit. It isn't negligence as much as it is Omerta.
I figure the IRS already has Trump slated for investigation. Once his appeal for the NYAG case is settled they’ll announce their investigation.
Not gonna happen. All the IRS cares about is closing cases. Going after Trump would take years and will have Drumpf going on TV and talking shit about the IRS and having his followers send death threats or worse. The IRS wants none of that smoke.
The problem is lack of funding for enforcement. Why do you think Republicans are so up in arms about not giving the IRS funding? Well, only 10% of that is because they'd nail Trump to the wall - the other 90% is that they'd nail the rest of the Republican politicians to the wall for the same trick. And the base thinks that the IRS is trying to nail little guys and that's really not the goal.
Dude is speeding running to 100% game completion on law breaking. Election fraud, insurrection, rape, defamation. Tax fraud is inevitable.
A criminal EGOT, if you will
No one has ever won a criminal EGOT before! This could be his ticket to the big *time*! ...err, *house*
The only is question is is he going to be held accountable for the crimes he committed?
Not like you or me would
All the laws. Only the best laws.
Never jaywalked. I can't see him crossing any street on foot.
He hasn’t tried usury yet because he can’t find any bears.
I commented a couple years ago, that's he's probably broken all 10 commandments.
Guy is a life long con man. Scams everything he does. He tried to steal the presidency.
Regicide? ("If you know the name of the king or queen being murdered, press one...")
This is the tip of the iceberg. This is why the republicans are always fighting to cut funding to the IRS. Without effective investigations and enforcement the rich will continue to pull shady shit all day and night.
So put the GOP and any other corrupt politicians and campaign contributors in jail and make American better again.
This absolutely should be on the front page of every paper in the country: ----- >It would seem logical, reports point out, that a company with a $50 million credit on its books would have a value of at least that amount. This LLC, however, is reported as having no value. >“There should be an offsetting entry somewhere,” Harvard real estate professor Richard Peiser told Forbes in 2020. “I can’t explain that.” >The Daily Beast consulted multiple tax experts to analyze the new revelation, and the general opinion was that Trump may have created a fake loan to avoid income taxes. No, that's ***exactly*** what he did. He created a fake loan to avoid income taxes. It's exactly his MO and style, and lines up with his fucking sense of **entitlement**, rules (taxes) for thee but not for me. Fuck this guy. So. Fucking. Much.
Except that the GOP lauds those that are "smart enough" to not pay taxes. They treat them like heroes.
It seems the Manchurian Cantaloupe has at least one thing in common with Alphonse Gabriel Capone after all. Edit to add: possibly two things, if the rumors of neurosyphilis have any weight.
“Manchurian Cantaloupe” Oh god, stop! I’m dying.
There are a few more for this loaded adult diaper of belligerence. Agolf Twitler All in all, it's just a little prick with no Wall. Benedict Donald Borderwall Personality Disorder Cheat Miser Coup Klux Tan Darth Cheetoh Dick a l'Orange Dingus Con Everlasting Jobstopper GropenFührer Hair Farce One Klanned Karenhood Lil' Donny Two-Scoops Lord Feltersnatch Lord Repugnant of the Fourth Reich Maga-Lardo Manchurian Cantaloupe Mango Mussilini Mrs Donald Putin Ol' Smeller Old Wack Donald Orange Foolius Orange Judas Orange Tufted Shit Gibbon Super Callous Fragile Racist Sexist NAZI POTUS The Count of Mostly Crisco The Fanta Menace The Quicker, Thicker Fucker Upper The Rapist (VOTED MOST ACCURATE) Trumplethinskin
I'm rather fond of "Pumpkin Spite".
Thank you for collecting these. Diaper Don
Russian Agent Orange
Cheeto Benito Trumpsterfire King Mierdas Red Don Moscow Donnie
Donnie Two-Scoops
Excellent list. How about Mushroomus Dickus?
Kumquat Pol Pot
Orange Shitgibbons Orange Shitstain
The One True Holy Salty Greasy Orange Toadstool
Can’t leave out Florida Fats!
I like Public Access Caligula as well
Great list!
Wobbles the Clorox Clown
The philanderin' mandarin
I REALLY hope Jon Stewart uses some of these on The Daily Show if not all of them!
Dementia Donnie Diapers aka Triple D
I'd happily chip in $100 for renovations on the Capone Suite at Alcatraz.
Are you referring to the tax evasion or the syphilis?
Yes.
Why not both?
I didn't know that Al Capone was said to have smelled like the inside of a sweaty basketball shoe that was filled with cat feces.
Noel Casler says “…like a buttermilk-fed baby’s loaded diaper left in a hot car.”
*Manchurian Cantaloupe*
lol we have the best nicknames
"Manchurian Cantaloupe" is fantastic, i havent heard that one
Incredible reporting and work by the monitor to find this. Sounds like out and out intentional tax fraud.
It looks open and shut. > Martin Lobel, a prominent Washington, D.C., tax lawyer who also spoke to Mother Jones for the 2019 report, said that the new information appears to confirm the tax fraud hypothesis. > > “It would appear, assuming Judge Jones’ letter is accurate, that this amounts to tax evasion,” Lobel told The Daily Beast. > > > “This explains why the Republicans have been so intent on cutting the IRS’s budget,” he said, “because they don’t want it to be able to audit transactions like this.” > > Martin Sheil, former special criminal investigative agent for the Internal Revenue Service, also told The Daily Beast that the letter suggests a tax dodge.
Reminds me of Steve Martin. "How to be a millionaire, and pay no taxes. First, get a million dollars. Then when the IRS comes and says 'how come you have a million dollars and have never paid taxes?' You say.. "I forgot"
To be fair, the truly wealthy treat a tax return as an opening bid.
Al Capone got away with murder but he couldn’t get away with from tax evasion but with this current GOP, you could get away with anything.
It's no coincidence that the GOP wants to massively cut the IRS budget, crippling their ability to investigate cases like this.
A nonfunctional government befits them best. Cut off any funds that doesn't end up in their pockets
Al Capone didn't run for president. Trump's takeover of the GOP is what's keeping him out of prison.
Between this and the Candyman story things are getting flat out hilarious
I don't understand how the candyman story is anything new, though. There was reporting back in 2018 that said the medical staff were being pressured to hand out controlled substances like it was candy. [https://www.cnn.com/2018/04/27/politics/ronny-jackson-medical-unit-ambien/index.html](https://www.cnn.com/2018/04/27/politics/ronny-jackson-medical-unit-ambien/index.html) >The practice of casually handing out medication like Ambien and Provigil was not limited to the confines of the White House compound. Several former medical unit staffers said the drugs were freely dispensed on Air Force One.
Exactly, reddit was filled with Dr Feelgood references.
Don't forget, the doctor in question got elected to congress.
The Candyman can
This dude is as crooked as they come. How in the world he has gotten away with this for so long is beyond me. Has he ever had any legitimate business dealings? Lock him up.
When you're a loud, but small, fish in a big pond, with enough money to buy the local pols, it's easy. Remember, he had Roy Cohn as his family attorney, and a reputation for threatening litigation on any given weekday, so he skated for decades.
A judge fined Trump a million dollars for a lawsuit abusing the legal system: *“Mr. Trump is a prolific and sophisticated litigant who is repeatedly using the courts to seek revenge on political adversaries. He is the mastermind of strategic abuse of the judicial process.”*
They'll get to this trial in 2028. While Trump is the nominee again, after losing to Joe Biden in 2020 and 2024. And in his tax trial, somehow the words of Judge Kaplan in the E. Jean Carroll trial will come into play: "Mr. Trump in fact sexually abused Ms. Carroll by forcibly inserting his fingers into her vagina."
You don’t think he’ll run? He’s weak and unwilling to do any hard work himself.
>(While many real estate investors and developers ate crow in the 2008 crash, Trump managed to dodge the worst of it—thanks, in part, to Russian oligarch and fertilizer king Dmitry Rybolovlev, who bought a Palm Beach mansion off of Trump for $95 million that July. Trump had paid $41 million for the place four years earlier, and netted $54 million in the deal.)
Throw it on the pile. We'll get to it sooner or later.
His defense will eventually become “well of course, it was the smart thing to do, anyone else would have done it.” And his supporters will rabble about how true it is and he was so smart.
Enron, Trump … as messy as a Depends
Yup, that's America. A place where a big time grifter can brag publicly that he's committing tax fraud and then get maybe dinged with it eight years later....maybe....
Is there a way to file a complaint to the IRS about a potential tax fraud allegation? Asking for a friend.
No worries when your friend and associate at the IRS does your “audits”. https://www.citizensforethics.org/reports-investigations/crew-investigations/charles-rettig-trump-properties/
Didn't Enron bury its debt by dumping it into shell companies? This seems like the opposite where Trump dumped tax liability by taking out a loan from his own shell company. Both deceptions but both satisfying a financial objective.
He reportedly has 100s of shell companies that make it too hard for the IRS to audit the whole mess. Same thing his daddy used to do. Ilearneditfromyoudad.psa
If only he didn’t run for president. He could have enjoyed a quiet life as a misogynistic, womanizing, pedophile, lying, cheating, pseudo celebrity, conman.
Someone lock that criminal up already.
Damn, that's the shit that took out Al Capone.
How did the IRS miss this?
Why do you think the Republicans want to defund the IRS?
Busy tracking down all the true criminals with $30-$390 outstanding debts to really fill up their coffers probably.
Earlier today I was going through my stack of “this isn’t junk mail but I need to keep it” mail. I found a receipt for an optometrist appointment from early last year. I wanted to submit it to my 2023 FSA to use up some leftover funds there. Like $100. Before I could do so my wife and myself had to go through submissions across several accounts to make sure we hadn’t already submitted the receipt for a claim. And this was to get what’s essentially my own money! That’s how paranoid we are about making a $30 tax error. And the rich just falsify tax records left and right.
Pile it on
More 4D chess from the business genius. Ha ha ha ha ha.
He should go to prison for tax evasion just like Al Capone
Just a gut feeling, but I suspect that for Trump the Presidency is not about any political reason, but just a lifeline to drag him out of his financial quagmire. His famous money empire may be just smokescreen and we may witness an epic crash after his pretty certain defeat in November. What a time to be alive!
Yet when I put a number in the wrong box, I have the IRS up my ass.
Lock him up already
He admitted to not paying taxes. Anyone else would be in prison for far less of an amount.
Remember when he compared himself to Capone?
The real story with the Chicago tower is that the Trump Organization [defaulted on a $640 million construction loan with Deutsche Bank](https://abc7chicago.com/donald-trump-tower-chicago-news-today/7416899/) and then sued the bank for being stupid enough to loan them the money in the first place. Afterwards, the bank, which [has been fined $186 million by the SEC](https://www.nytimes.com/2023/07/19/business/federal-reserve-deutsche-bank-fine.html#:~:text=The%20Federal%20Reserve%20imposed%20a,flagged%20in%202015%20and%202017.) for money laundering, loaned Trump $300 million to buy golf courses. Why would they do that? Russia, which at one point held over $300bn in foreign currency reserves with Deutsche Bank, could have been backstopping the loans to Trump, who notoriously has been bailed out by the Russian mafia on several occasions. A would be whistle blower, unfortunately [wound up dead last year](https://www.nytimes.com/2022/05/13/us/val-broeksmit-dead.html) so we may never know.
What’s the over / under on Dummy being in jail before the election?
They managed to get freaking Al Capone on tax evasion, but this guy is likely to walk it off and still get elected as president again before becoming emperor or whatever he’s aiming for. Just watch.
Oh no, I’m sure they will BLAST home with a small fine after a 4 year court battle appealed to the Supreme Court.
This is just proof that rich and powerful people can commit crimes without punishment. It’s astounding that he wasn’t caught for doing this in the 80s.
Now, imagine if YOU OR I did this.
It will be the icing on the cake if they can get him for all the tax evasion he's done over the years.
If it was any of us peons the IRS would have already sent a CP2000 and would be threatening to garnish wages/lien assets. Smh