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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Org kept 2 sets of Books
Justin Miller (@justinjm1) Tweeted:
The Trump Organization kept two sets of books! https://t.co/TZFbrU3RZa
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I am so not suprised
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Trump Org kept 2 sets of Books (Original Post)
irisblue
Oct 2019
OP
rurallib
(62,411 posts)1. wouldn't be surprised if there were more than 2
I wonder if NY state of the IRS is auditing Ivanka and Jared or Junior or Eric.
If they are not, they surely should be.
hatrack
(59,584 posts)2. Unsurprising, but delicious, nonetheless . . .
fleur-de-lisa
(14,624 posts)3. So bank fraud and tax fraud.
Baitball Blogger
(46,703 posts)4. Gross cheating pigs.
Perfect Republican values.
Gothmog
(145,176 posts)5. trump gave out 2 sets of numbers for the same buildings in NYC
Gothmog
(145,176 posts)6. Opinion: A new report suggests Trump may have committed financial crimes
Link to tweet
Not only is it not okay, if Trump was lying on both ends, to the bank and to tax authorities and does anyone doubt he would? it also could mean that he committed both bank fraud and tax fraud.
If this sounds familiar, its because Trumps former lawyer Michael Cohen testified to Congress that this is a pattern with Trump. It was my experience that Mr. Trump inflated his total assets when it served his purposes, Cohen said, and deflated his assets to reduce his real estate taxes. We have lots of evidence of Trump buying a property, then contesting his tax assessment by having his lawyers argue that, in fact, it is worth next to nothing.
Its one thing if Trump just brags that some property is worth much more than it is, or even if he makes questionable claims to local governments when he contests his tax bill. But loan applications and tax filings are legal documents, and knowingly lying on them is against the law.
ProPublica found multiple instances in which Trump told banks and tax agencies radically different things about the same properties, the same income streams and the same expenses.
If this sounds familiar, its because Trumps former lawyer Michael Cohen testified to Congress that this is a pattern with Trump. It was my experience that Mr. Trump inflated his total assets when it served his purposes, Cohen said, and deflated his assets to reduce his real estate taxes. We have lots of evidence of Trump buying a property, then contesting his tax assessment by having his lawyers argue that, in fact, it is worth next to nothing.
Its one thing if Trump just brags that some property is worth much more than it is, or even if he makes questionable claims to local governments when he contests his tax bill. But loan applications and tax filings are legal documents, and knowingly lying on them is against the law.
ProPublica found multiple instances in which Trump told banks and tax agencies radically different things about the same properties, the same income streams and the same expenses.