Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

DonViejo

(60,536 posts)
Wed Oct 3, 2018, 09:14 AM Oct 2018

Trump Rips 'Failing' NY Times Over Tax Fraud Bombshell: 'Never Recovered from Bad Election Call!'

Source: Mediate




by Ken Meyer | Oct 3rd, 2018, 9:08 am

And now for something completely unexpected…just kidding, President Trump is swiping at The New York Times again.

The Times had a major scoop yesterday when they released an extensive review on the Trump family’s financial history. The report suggests the president has engaged in multiple dubious practices over the years to avoid paying taxes while inheriting a colossal part of his fortune from his father’s business empire.

The report goes a long way in disputing Trump’s self portrayal as a self-made multibillionaire, and as you can see, he has noticed this with obvious disapproval.




Never a dull moment.

###


Read more: https://www.mediaite.com/online/trump-rips-failing-ny-times-over-tax-fraud-report-never-recovered-from-bad-election-call/
13 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Achilleaze

(15,543 posts)
6. The republican misleader* is such a whiner
Wed Oct 3, 2018, 10:22 AM
Oct 2018

Whine Whine Whine. Sheesh. Just shut up, already. America knows you are a republican whiner.


* aka republican Draft-Dodger-in-Chief

Roy Rolling

(6,933 posts)
3. Love It
Wed Oct 3, 2018, 09:33 AM
Oct 2018

I'm embarrassed to say I am happy he is upset. Not because I revel in people's suffering like him, but because it's specifically HIM who is disturbed. That's what's supposed to happen to miscreants.

Cicada

(4,533 posts)
4. No statute of limitations for civil penalties, could be a billion owed or more
Wed Oct 3, 2018, 09:34 AM
Oct 2018

Interest from nineties on is a killer for old tax penalties. And I googled a bit. Somebcivil penalties were 75% of tax wrongly not paid. If the 55% estate and gift tax applied to 500 million was fraudulently low balled as 50 million then he may owe half a billion just for that. And it seems there was a lot more fraud on the income tax side.

SWBTATTReg

(22,166 posts)
7. This is not surprising. I kind of think (unfortunately) that most people w/ money don't truly ...
Wed Oct 3, 2018, 10:45 AM
Oct 2018

pay their fair share of taxes (and I'm sure that there are tons of such people who do pay their fair share) but look at all of the businesses (accountants, lawyers, bankers, etc.) who all sprung up out of thin air to push no tax or tax avoidance schemes everywhere. Look at the recent leaks of the stuff from the firms operating out of Panama, etc.

An entire industry setup solely just for the purpose of avoiding taxes. And the IRS continues to face personnel shortages through lack of funding (deliberate?).

I'd think that if we want to raise taxes to pay off the massive fed. debt being engineered by the Tax cut and jobs bill for the 1%ers of 2018, I'd be smart and hire myself tens of thousand tax accountants and go after these people and entities not just via filed tax forms, but means too, e.g., if they are being driven by limos, live in rather pricey areas, etc. and their tax form(s) show otherwise, what's going on? Better yet, put a commission on recovering tax monies owed to the government (there is one now).

turbinetree

(24,720 posts)
9. Hey TRAITOR.......................this coming January when we take back the house and possibly the
Wed Oct 3, 2018, 11:10 AM
Oct 2018

senate.........................I see a bill drafted and passed to get your tax returns.......................and by the way, remember the former CFO and accountant of your company of mafia crime, that is giving federal agents information of your crime..........................your FUCKED........................and you had investigative journalist that found that your a FUCKING FRAUD, you created FRAUD, and we the taxpayers paid for your FRAUD.....................................so FUCK YOU............................and we are going to change the law that assholes like your father and you and your crime ridden family and others will never be able to do this shit again..................ever................................you fucking libertarian piece of shit..........................your nothing more than criminal...........................


FRAUD..................................


November 2018 cannot get here fast enough................vote


https://www.timeanddate.com/countdown/election?p0=263&iso=20181106T12&msg=2018%20Midterm%20Elections


onenote

(42,759 posts)
12. The NY Times stock price is up more than twice as much as the dow jones as a whole
Wed Oct 3, 2018, 03:45 PM
Oct 2018

Trump likes to brag about the stock market, which is up 36 percent since inauguration day and over 45 percent since election day. The NY Times stock? Its up 72 percent since inauguration day and a whopping 110 percent since election day.

All of my investments should be failing like the NY Times....

Latest Discussions»Latest Breaking News»Trump Rips 'Failing' NY T...