Posted on 01/28/2024 2:53:23 PM PST by lowbridge
Tucked into a footnote in a letter written by former federal judge Barbara Jones, the court-appointed special monitor overseeing Donald Trump's New York business fraud case is a bombshell that appears to indicate the former president may have engaged in massive tax evasion, according to a new report released by The Daily Beast.
The letter, first reported by The Messenger, was delivered Friday to update Manhattan Supreme Court Justice Arthur Engoron on Jones' findings while reviewing the former president's business dealings through his company, the Trump Organization.
In it, Jones writes that the financial information filed to her by Trump's team has contained "incomplete" or "inconsistent" disclosures containing multiple "errors." However, she describes Trump and his businesses as "cooperative" with her investigation.
But buried in the sixth footnote of the 12-page letter is what the Daily Beast indicated is a clue that Trump may have evaded taxes on $48 million in income, with Jones writing that the massive sum — which Trump has claimed for years that he owes as a debt to one of his companies — never existed.
"When I inquired about this loan, I was informed that there are no loan agreements that memorialize the loan, but that it was a loan that was believed to be between Donald J. Trump, individually, and Chicago Unit Acquisition for $48 million," Jones wrote.
She added: "However, in recent discussions with the Trump Organization, it indicated that it has determined that this loan never existed — and thus that it would be removed from any upcoming forms submitted to the Office of Government Ethics (OGE) and would also be removed from subsequent versions of MAML," Jones wrote, referring to corporate financial statements filed by the company.
(Excerpt) Read more at businessinsider.com ...
Or, it could not be.
Not this crap again? Or is it still going on?
More made up leftist crap.
I don’t know how Trump deals with all this. It doesn’t directly involve me, but I am still stressed by all these lawsuits.
And I’m sure the IRS which has audited him every year wouldn’t have noticed it.
Right, so if Trumps pays the loan, its okay.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance....
Tucker suggested that if all else fails the deep state will give DJT the MLK and JFK treatment, if you get my drift.
Uh-huh. ISGAS.
I Scarcely Give A .......
Even if Trump’s complete list of supposed crimes were true, they don’t equal treason by selling out to our greatest enemy.
Period.
But it doesn’t matter. If Biden wins - CW-II.
If Trump wins - CW-II. May as well suck it up and get ‘er done.
To misquote Einstein: The definition of insanity is doing the same thing over and over and getting the same insane answer! These people are Nuts!
But we won't enquire about loan agreements for any Biden 'loans' that were 'repaid' by Hunter and James Biden to Joe.
The loan was described in a 2019 article.
If the left bankrupts Trump, he won’t have funds to repay the loan and the IRS will be the loser.
Fake “loan” repayments to Joe Biden are a popular way to transfer money to the big guy in that syndicate.
“Suggests” = Horse$hit
There is a difference between tax evasion vs tax avoidance. Trump pays big money for CPAs. We shall see.
Well, Remember how the DOJ deeply dissected Nominee/Candidate Hillary Clinton’s Finances, Taxes to ensure no laws or statutes were broken or “worked around”?
Me neither.
Rather than selling stocks at a loss it would make sense to borrow money from one of your businesses.
do they really think Mr. Trump spends his nights at his kitchen table entering his income and loan data into Turbotax ?
he hires some of USA’s most expert and prestigious tax attorneys and CPA’s. because it is necessary. his business affairs being so complex, no one individual could possibly file his taxes solo. “It takes a village...” meaning an entire tax accountancy firm. This is because our tax law is so voluminous, confusing, and arcane. A very serious drag on the productive capacity of America, as well as a damned nuisance for everybody (except of course the many people who get rich or make good livings figuring out tax filings for the rest of us poor working stiffs)
now, should it eventually be determined that more taxes are owned, Trump will simply have his accountants pay them (with any interest and penalties, if required). the chances of Trump being in any way criminally responsible are about as remote as the chances of my cow jumping over the moon.
no big deal. sounds like just more harassment, actually
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