The New York Times Accuses President Trump of Tax Fraud

IWB ^ | Chris Black

[davikkm]

According to a Tuesday hit piece in the “newspaper of record” (just kidding), President Trump participated in, let me quote, questionable and dubious tax strategies, in order to increase his already huge fortune. The NYT article claims that America’s first billionaire president engaged in outright fraud, thus accruing millions upon millions of dollars, hence increasing the great fortune he received from his father, or something along these lines.  The massive front page story was taken seriously by the NY Spate Department of Taxation and Finance, whose spokesman told CNBC that they’re reviewing the fraud allegations:

“The New York State Tax officials are investigating allegations detailed in an exhaustive New York Times investigation into Donald Trump and his family's business dealings, CNBC has learned.

The Times reported on Tuesday that Trump and his family committed "instances of outright fraud" in order to transfer millions of dollars from the real estate of empire of the presidents father, Fred Trump to his children without paying the appropriate taxes.” -CNBC

[RoosterRedux]

It's not against the law to keep your inheritance taxes to a minimum.

IIRC, Fred Trump died in 1999 long after Donald had become a major focus of the IRC and DOJ. From what I have heard, President Trump's lawyers often went to the IRS to get advanced approval of various tax avoidance maneuvers. This is another tempest in a tea pot.

[Arthur Wildfire! March]

‘It’s not against the law to keep your inheritance taxes to a minimum.’

I agree, but don’t be surprised if the Flake calls for an impeachment hearing over this.

I’d give it 50/50.

[alamogal]

Just heard Judge Napolitano comment on this on Fox Business. When did Napolitano become such a Never Trumper? He slammed Sara Huckabee for her statement attacking NYT for this 20 year old story when IRS approved it all decades ago.

[Arthur Wildfire! March]

Napolitano might have a friend in NYT who tipped him off about something.

I hope this is just more hot air.

Time for a smear — close to the election.

[I hope and pray.]

[Liz]

I wonder how this compares with the appropriately-timed "just-before-midterm" hit jobs the NYT did on Obama and Bill Clinton's tax status?

How DARE you intimate that Saint Obama and Reverend Clinton would do something (gasp) illegal.

These two pols are the souls of rectitude and would NEVER, EVER, do anything that would reflect
poorly on the purity of the sainted Democrat Party...........especially before an important election.

The suggestion is abhorrent.

Let's hope Maxine Waters step ups and defends this insane character assassination.

[poconopundit]

... the purity of the sainted Democrat Party

* * *

So true, Liz. And their purity is proven in the remarkable temperance of their leaders in alcohol and sexual matters. As we’ve been recently educated, they were saints as way back as in high school and college.

Pure as the driven snow — no ice to throw around, mind you. Just millions of fragile, sensitive snowflakes!

[Liz]

Democrat purity is proven in the remarkable temperance of their sainted leaders, virtually untouched by alcohol and sexual matters
(that is to say, if you dont count in the Kennedy's and the Clinton's).

[GOPJ]

I’m still waiting for the big story on Rev. Al Sharpton AND the millions he owes the IRS.

MSNBC pays Sharpton - - why aren’t sending a portion to the IRS toward the 4.5 million Sharpton owes in back taxes?

Or

Has the IRS a corrupt partner of the Deep State - ‘wiped out Sharpton’s debt’ because he’s ‘one of them’... If so that would be a good story if the press wasn’t a corrupt arm of the thugs in ‘deep state’... In short they’ll go after Trump for things that happened when he was three years old...

[Jane Long]

LOLOL!! So true.

[WASCWatch]

I read that one of the alleged Illegal schemes to avoid inheritance taxes was to set up a distribution business to Trump projects in which products were marked up 20-50%. That is pretty typical in every distribution business.

[Liz]

I’m sure Sharpton tried like blazes to get his “bro” Obama to wipeout the IRS debt.

Probably told O it was owed him ....reparations, you know.

[Liz]

I’m sure Sharpton tried like blazes to get his “bro” Obama to wipeout the IRS debt.

Probably told O it was owed him ....reparations, you know.

[Liz]

Another tempest in the power-starved Democrats' teapot.
The truth is President Trump's lawyers often went to the IRS to get approval of various tax reduction maneuvers allowed by the IRS.

The NYT is being trolled.......Donald has ample proof that the IRS is OK with his taxes.

[Rum Tum Tugger]

Those jews really, really hate Trump.

[Dogbert41]

Thanks!