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I’m not trying to minimize the tax charges against Trump company executives. Weisselberg is alleged to have avoided taxes on $1.7 million in "indirect employee compensation"

To AVOID taxes isn’t to EVADE taxes. Big, big difference.

3 posted on 07/03/2021 10:26:46 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: JonPreston

Over in the amazing European Union, tax “avoidance” and tax “evasion” are one and the same.


11 posted on 07/03/2021 11:04:36 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: JonPreston

“To AVOID taxes isn’t to EVADE taxes. Big, big difference.”

Weren’t the alleged taxes due, for whatever number of years, for employee parking paid by Trump International, instead of being paid by the employees?

Cuffing a 75 year old CFO for this horse-crap! This clown show is going nowhere in the courts, trust me.


23 posted on 07/03/2021 12:33:20 PM PDT by Bshaw (A nefarious deceit is upon us all!)
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To: JonPreston

You’re correct. But, the author is using the wrong verb here. Tax avoidance is using the black letter of the law to minimize your tax liability.

Tax evasion is committing civil illegalities or crimes to not claim - and subsequently not pay - tax liabilities. If the allegations are accurate, then yes, this is tax evasion, not tax avoidance.

Having said that, not all tax evasion is criminally prosecuted, as the author also says. It’s frequently dealt with in civil court.


25 posted on 07/03/2021 12:36:33 PM PDT by ScubaDiver (Reddit refugee.)
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