Only the sappiest and ignorant people (add greedy ones like him) would give credence to the Trump success story in wake of three bankruptcies in which he screwed many people and took off with the money.
Now, The New York Times devoted one and a half years investigating Trump's success story and found fraud and tax evasion. If they could do it, why didn't the IRS and FBI when these things happened twenty years ago. The criminal statute of limitations has run out. However, the civil litigation may ensue and Trump and his businesses may be fined.
If the story holds, it shines a light on the necessity for the IRS and FBI to investigate Trump's tax and business records. It is incredible to me that the IRS and FBI have not done so.
Trump has allegedly violated the Emolument Clause of the US Constitution. He has lied incessantly to the American people. These things are unlawful.
Today, we Americans are watching the US Senate participate in obstruction of justice and in a sham and shameful manipulation of an investigation into Judge Brett Kavanaugh who has lied repeatedly before millions of American while on television.
The FBI is still able to corroborate some of the accusers' stories.
We citizens have witnessed Kavanaugh's inappropriate bias and temperament sufficient to remove him as a viable candidate for the Supreme Court.
The overarching story is that crooked and unfit President Trump is nominating a justice who may be equally unfit. Both should be impeached along with all who have gone along with the criminal in office.
Image: The New York Times
"THE BIG DEAL: Bombshell NYT report accuses Trump of tax fraud: President Trump participated in "dubious" tax strategies in the 1990s that allowed him to accrue millions of dollars in additional wealth from his father's real estate empire, The New York Times reported Tuesday.
ReplyDeleteThe newspaper reported that Trump and his siblings set up a "sham" corporation to help disguise otherwise taxable income that came from gifts from their parents.
Trump's parents left more than $1 billion to their children, which would have resulted in a roughly $550 million tax bill at the time, The Times reported. However, the Trumps paid a total of $52.2 million on that source of income. The newspaper cited records that showed Trump helped undervalue his father's real estate holdings, which led to a lower tax bill when he and his siblings inherited the properties.
In total, The New York Times found that Trump received the equivalent of at least $413 million from his father's real-estate empire.
The Times interviewed former employees and advisers to Trump's father, and reviewed more than 100,000 pages of documents related to the Trump family business, including bank statements, financial audits and invoices."
The Hill