Posted on 05/24/2021 1:17:23 AM PDT by blueplum
Donald Trump has slammed the New York state's attorney general for launching a criminal probe of his family business.
New York officials have opened a criminal investigation into the Trump Organization to see if it falsely reported property values to help its finances.
...Separately, the New York Times reported late on Wednesday that the office of the New York Attorney General had been criminally investigating Allen Weisselberg, the CFO of the Trump Organization, for months over tax issues, and had notified the company about it in a January letter.
The investigators have examined whether taxes were paid on fringe benefits that Trump gave him, including cars and tens of thousands of dollars in private school tuition for at least one of his grandchildren...
(Excerpt) Read more at mirror.co.uk ...
But a question for accountants - if a child is gifted the limit of up to $14K/yr, are any taxes due? And who would do the filing? the parents of the child? The child?
This is a Ronnie Earle fishing trip gone nationwide.
This act is lawfare by the democrat party. This is what CWII looks like, folks, at least in part.
Can you imagine what Demoncrats would do if Trump actually Jaywalked or parked in a loading zone?
This is a Ronnie Earle fishing trip gone nationwide.
:
Ronald Dale Earle was an American politician and judge who was, from January 1977 to January 2009, the District Attorney for Travis County, Texas. He became nationally known for filing charges against House majority leader Tom DeLay in September 2005 for conspiring to violate Texas’ election law and/or to launder money
:
Forgot all about this character.
Yet, the world is running over us, since the Biden’s are so compromised!
The head of the NKVD, under Stalin, Lavrentiy Beria once famously announced, “Show me the man and I’ll show you the crime.”
Freely and unashamedly adopted by the Democrat Socialists of this country, home-grown all.
After Stalin’s death, Beria was hauled up before the Politburo and tried for treason and other offenses, sentenced to death, and executed on December 23, 1953. During his trial, and after his death, numerous allegations arose of Beria being a serial sexual predator.
That tale has a familiar ring to it already.
A gift of tuition is not taxable. It is not income to the recipient and it is exempt from lifetime gift tax to the estate of the donor.
Have they checked all his mattress tags yet?
This is typical stuff for Banana Republics.
It’s designed to create headlines and distraction. When the dust settles it’ll be much ado about nothing.
I listen to Ronnie Earl and the Broadcasters...decent blues music.
This includes both criminal charges and civil claims, for which the cause of action is essentially the same."
gift tax is paid by the donor
Just what do they think they’ll find?
The IRS has already had his taxes under audit for at least 10 years, and they have not found a thing. I promise, we’d know it if they had.
The New York Times sent out 20 reporters in 2015 to find anything even remotely negative about Donald Trump. Ipaid attention to what they DIDN’T find...
Not one shady business deal. Not one dusgruntled former employee with a hooror story about what an awful boss he was. Nothing in the two categories they would want to find the most.
Not. One. Thing.
Now these clowns want to waste more and more millions of taxpayer dollars trying to find crimes the IRS would have spotted 10 years ago if there were any???
Political hit squad.
Now, THAT’S funny right there!
Property values are based on what the buyer is willing to pay not what a departments best guess is.
thanks for the clarity, Brookwood .
I wonder why the reporter didn’t check that out. A tax exemption destroys the basis for the story and the accusation and calls into question a previous story that Weisselberg might ‘cooperate’ to keep his grandchildren from being drawn into the investigation. Sounds like rumors are just being made up for giggles. The Flynn template.
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