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 Donald Trump helped his parents evade millions in taxes, the New York Times reports

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Neferti
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Neferti

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Donald Trump helped his parents evade millions in taxes, the New York Times reports Empty
PostSubject: Donald Trump helped his parents evade millions in taxes, the New York Times reports   Donald Trump helped his parents evade millions in taxes, the New York Times reports EmptyWed 03 Oct 2018, 3:41 pm

US President Donald Trump engaged in tax schemes that included cases of fraud in which he and his siblings helped their parents dodge millions in taxes, The New York Times reported.
Key points:

   Donald Trump's father used his children to hide money from the government, the New York Times reports
   The Times based its findings on more than 200 tax returns from Fred Trump
   It is unlikely that Mr Trump will face criminal charges due to statute of limitations

The Times investigation, which the White House said was "misleading", showed Mr Trump received the equivalent today of at least $575 million from his father's real estate business.

The Times, citing a "vast trove" of confidential tax return and financial records, reported that much of that fortune came to Mr Trump because he helped his parents evade taxes, setting up a fake corporation with his siblings to disguise millions of dollars in gifts from their parents.

During his presidential campaign, Mr Trump promoted himself as a self-made real estate mogul who started out with only a "very small" loan from his businessman father, Fred Trump.

In a statement, White House spokeswoman Sarah Sanders called the story "misleading" and said that "many decades ago the IRS reviewed and signed off on these transactions".

Mr Trump's lawyer Charles Harder told the Times: "President Trump had virtually no involvement whatsoever with these matters".

"The affairs were handled by other Trump family members who were not experts themselves and therefore relied entirely upon the aforementioned licensed professionals to ensure full compliance with the law," he said.

James Gazzale, a spokesman for the New York State Department of Taxation and Finance, said the department was "reviewing the allegations in the New York Times article and is vigorously pursuing all appropriate avenues of investigation".

The US Internal Revenue Service did not immediately reply to a request for comment.

Citing tax experts, the Times reported it was unlikely Mr Trump would face criminal prosecution because the acts were past the statute of limitations.

There is no time limit, however, on civil fines for tax fraud, according to the paper.

The Times reported that its findings were based on more than 200 tax returns from Fred Trump, his companies and various Trump partnerships and trusts.

The records did not include Donald Trump's personal tax returns. Unlike other White House candidates and presidents in recent decades, Mr Trump has declined to release his tax returns.

According to the newspaper, the report was also based on interviews with Fred Trump's former employees and advisers, and more than 100,000 pages of documents describing the inner workings of his business empire.

http://www.abc.net.au/news/2018-10-03/donald-trump-reportedly-helped-parents-evade-millions-in-taxes/10332648

Isn't the New York Times a leftie rag?
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Veritas

Veritas

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Donald Trump helped his parents evade millions in taxes, the New York Times reports Empty
PostSubject: Re: Donald Trump helped his parents evade millions in taxes, the New York Times reports   Donald Trump helped his parents evade millions in taxes, the New York Times reports EmptyWed 03 Oct 2018, 5:04 pm

I think so as is the Washington Post.
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Neferti
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Neferti

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Donald Trump helped his parents evade millions in taxes, the New York Times reports Empty
PostSubject: Re: Donald Trump helped his parents evade millions in taxes, the New York Times reports   Donald Trump helped his parents evade millions in taxes, the New York Times reports EmptyMon 08 Oct 2018, 5:37 pm

Got this from an American friend.

Quote :
In this crazy political season I decided a little religion might be appropriate so here is a short Bible study.


Origin of Left & Right
I have often wondered why it is that Conservatives are called the right" and Liberals are called the "left".

By chance I stumbled upon this verse in the Bible: Ecclesiastes 10:2 (NIV) - "The heart of the wise inclines to the right, but the heart of the fool to the left." Thus sayeth the Lord.  Amen.

Remember what Jesus said: 'Goats on the left, sheep on the right' (Matthew 25:33).

Jesus also told Peter that if he wanted to catch fish do it from the right side of the boat. They did and filled the boat with fish.

John  21:6 (NIV) .. He said, "Throw your net on the right side of the boat and you will find some" When they did, they were unable to haul the net in because of the large number of fish."

It surely can't get any simpler than that.

Spelling Lesson

The last four letters in American ......... I Can
The last four letters in Republican ....... I Can
The last four letters in Democrats ........ Rats

End of lesson! Test on 6th November 2018.




Remember, November 2018 is to be set aside as rodent removal month.

Please share this Bible Lesson with all your Friends and E-mail buddies to help Achieve that Goal.

Never grow a Wishbone where a Backbone ought to be.
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Donald Trump helped his parents evade millions in taxes, the New York Times reports Empty
PostSubject: Re: Donald Trump helped his parents evade millions in taxes, the New York Times reports   Donald Trump helped his parents evade millions in taxes, the New York Times reports Empty

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