That Bombshell Report on Trump's Taxes May Spark an Investigation by New York

Posted by: NW Ponderer

That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/03/18 11:58 AM

Finally we're getting somewhere... That Bombshell Report on Trump's Taxes May Spark an Investigation by New York Tax Authorities - Fortune. "Fruit, meet tree."

Quote:
On Tuesday the New York Times dropped an investigative bombshell: President Donald Trump got at least $413 million from his father’s real estate empire, much of it through “dubious tax schemes…including instances of outright fraud.”
If true, the allegations not only belie Trump’s assertion that his father, Fred Trump, provided only minimal assistance in his rise to billionaire-dom—they also raise legal questions. And those questions have caught the attention of the New York State Tax Department.

“The Tax Department is reviewing the allegations in the New York Times article and is vigorously pursuing all appropriate avenues of investigation,” department spokesman James Gazzale told Bloomberg.
Posted by: rporter314

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/03/18 05:25 PM

fines

so what

Republicans will do nothing

Democrats take House and Senate ... not enough Republicans to convict

the only things left are to vote him out and let historians write the history
Posted by: pdx rick

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/03/18 06:47 PM

Originally Posted By: rporter314
fines

so what

Republicans will do nothing

Democrats take House and Senate ... not enough Republicans to convict

the only things left are to vote him out and let historians write the history

All very true. However, the NY State AG and Tax Department is not going to let this slide. There may not be Federal prosecutions, but there will be certainly state prosecutions. smile
Posted by: rporter314

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/03/18 09:13 PM

kinda anti-climatic if it happens (assuming the main allegations are true and valid) after he is voted out of office (by a rigged election) or if he wins (and folks let that sink in as it may be a possibility) in 2020 we would have another 4 years of the WH Reality Show or Chaos is Good for the Trump's Bank Account before anyone touches him (and let this sink in - if they can prove anything)
Posted by: pondering_it_all

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 12:16 AM

The courts have said that a sitting President can be sued for stuff he did outside of his official duties in federal court. He could also be sued in state court.

Also, the state tax authorities can file both civil and criminal charges. They could confiscate all of his dirty money plus fines and interest. I think they could probably bankrupt him.
Posted by: NW Ponderer

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 01:18 PM

Originally Posted By: pondering_it_all
The courts have said that a sitting President can be sued for stuff he did outside of his official duties in federal court. He could also be sued in state court.
Interestingly, the "emoluments" suit can go forward on this basis, and criminal inquiries should be able to as well. As is legally well-established, if a government official is doing something "in violation of their office", they have no immunity, and can be sued in their individual capacity. There is no established exception for the President (as Judge Kavanaugh has opined).
Posted by: NW Ponderer

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 01:24 PM

By the way, I agree that nothing will happen to Trump this term. There is no way Democrats will have the votes, Republicans will be even more obstructive in the minority, and financial cases take years to put together (See Mueller investigation). But once he's out of office, all those protections go away. Business for the Trump organization will dry up without him in office, and the costs could be staggering.

My interest remains in getting at the truth and preventing Trump from happening again.
Posted by: logtroll

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 02:13 PM

Quote:
The unrestricted competition so commonly advocated does not leave us the survival of the fittest. The unscrupulous succeed best in accumulating wealth. -Rutherford B. Hayes, 19th US president (4 Oct 1822-1893)
Posted by: rporter314

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 03:37 PM

Quote:
preventing Trump from happening again

I believe there is no chance of that ever happening. A large chunk of the electorate is stupid. How do you keep stupid people from voting?

Perhaps you think a constitutional convention wold do the job? Well ... take a look around ... we are a divided nation ... you could not present the original Constitution to a convention and get it ratified.

baby steps
Posted by: rporter314

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 03:40 PM

after J Kavanaugh gets confirmed your concerns will be addressed .... but don't expect them to go your way.

Mr Trump is above the law. He says it. Republicans in Congress say it. And now the SC will say it.

reality
Posted by: Greger

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 04:08 PM

Quote:
Mr Trump is above the law. He says it. Republicans in Congress say it. And now the SC will say it.

And yet...and yet...They will become staunch protectors against presidential overreach once they are eventually forced out of power.

A democratic president would be impeached for jaywalking with raucus calls for his(or her) imprisonment at the slightest breach of protocol.
The hypocrisy is mind boggling.
Posted by: jgw

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/04/18 07:34 PM

My fond hope is that there are more of us than them and that we get off our butts and actually vote. This is a hard thing to get done but it has happened in the past. The problem is that, regardless of party in power, the party in power usually simply goes to far. The reaction is always the same - get rid of the ones in power and vote in the the other side. The problem, demonstrated with the jackass, is that nobody seems to actually care who, or what the other side is - just get rid of the offending group of idiots.

I am not sure what the answer is but just getting rid of, and replacing with maybe better doesn't seem to be a really better solution to the problem?
Posted by: Greger

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/05/18 12:17 AM

Quote:
The problem is that, regardless of party in power, the party in power usually simply goes to far.

Just for the sake of conversation...where did Obama go too far? First off, I guess by being Black. And a Muslim Kenyan if you believe the majority of Republicans. A gay Muslim Kenyan married to a drag queen.

I think that's when the Republican Party turned into a cult. Remember all the lynched effigies and chimpanzee memes...boy those were the days! Good Times! For eight years they went on a gun buying frenzy and planning for a muslim race war. Hundreds have died for their fantasy of an armed and deadly society of John Birchers and more will die before they come to their senses.

Now it's socialists they're gunning for, bless their hearts! At least they're consistent. Violence is the answer to every problem.
Posted by: Jeffery J. Haas

Re: That Bombshell Report on Trump's Taxes May Spark an Investigation by New York - 10/05/18 05:03 AM

Originally Posted By: rporter314
Quote:
preventing Trump from happening again

I believe there is no chance of that ever happening. A large chunk of the electorate is stupid. How do you keep stupid people from voting?

Perhaps you think a constitutional convention wold do the job? Well ... take a look around ... we are a divided nation ... you could not present the original Constitution to a convention and get it ratified.

baby steps


Give you three guesses as to who will be writing the "new" version of the Constitution...first two guesses don't count.

HINT: The American Legislative Exchange Council has a keen interest!
A keen interest in making sure none of us low life types get a chance to meddle with ideas like "democracy".

A Constitutional Convention is something which should give every thinking citizen need to pause.