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Former Trump Organization CFO Allen Weisselberg pleads guilty to tax violations
Fox News ^ | 8/18/22

Posted on 08/18/2022 10:00:07 AM PDT by EBH

NEW YORK CITY – Former Trump Organization CFO Allen Weisselberg pleaded guilty Thursday to tax violations spanning over a decade, agreeing to serve 100 days behind bars and testify about the Trump Organization's business practices.

Weisselberg, 75, was charged with evading taxes by receiving perks that were not counted as income. He pleaded not guilty to 15 counts, including grand larceny last year, which, in the state of New York, is the unlawful taking of funds or property valued at $50,000 or more.

"In one of the most difficult decisions of his life, Mr. Weisselberg decided to enter a plea of guilty today to put an end to this case and the years-long legal and personal nightmares it has caused for him and his family," Weisselberg's attorney, Nicholas Gravante Jr., said.

(Excerpt) Read more at foxnews.com ...


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: allenweisselberg; cyrusvance; taxes; trump; trumporg; weisselberg
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To: EBH
” "Thanks to the incredibly hard work and dedication of the team prosecuting this case, Weisselberg will spend time behind bars," Bragg said. "We look forward to proving our case in court against the Trump Organization."

As part of the plea agreements, Weisselberg cooperate with the prosecutors in the two criminal cases against the Trump Organizations.

21 posted on 08/18/2022 10:43:14 AM PDT by thegagline (Sic semper tyrannis )
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To: EBH

IRS code is arbitrary law so you can create criminality out of anything you want. The IRS code contains more pages than The Bible.


22 posted on 08/18/2022 10:43:59 AM PDT by SkiKnee
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To: EBH
Weisselberg, 75, was charged with evading taxes by receiving perks that were not counted as income. He pleaded not guilty to 15 counts, including grand larceny last year, which, in the state of New York, is the unlawful taking of funds or property valued at $50,000 or more.

Thought that benefits like a car, housing for the convenience of the employer as well as tuition for offspring are not uncommon benefits for corporate executives.

Maybe he felt he was innocent but concluded that 100 days at age 75 was better than he could get from a Trump hating jury in New York City.

23 posted on 08/18/2022 10:44:29 AM PDT by Sooth2222 (“Toute nation a le gouvernement qu’elle mérite.” ("Every nation has the government it deserves.”) )
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To: Leaning Right

It is just nitpicking.

He joins the company, and the company allows him use of a company car, even to take it home.

A tax-nazi says: HOLD ON! that is the same as if he was renting a car from the company, which at Hertz rates is $300 a day, so its the same as $9,000 a month or $108,000 a year!!! and he did not report it as income!!
Oh the horror! the corruption!

Come on, who in their right mind would do that (calculate the equivalent pay due to allowing him use of a car), but, as the laws are written it is a trap anyone could fall into.

This is just a personal attack using (armed) IRS agents.

Sad.


24 posted on 08/18/2022 10:49:56 AM PDT by Toughluck_freeper
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To: EBH; All
Given that the post-17th Amendment ratification Congress cannot reasonably justify much of the taxes that we pay under its constitutional Article I, Section 8-limited powers imo, there's a question if the feds actually owe Mr. Weisselberg, and a whole lot of other taxpayers, compensation for unconstitutional taxes.

Consider that since one of the very few powers that the states have actually given the feds to dictate domestic policy is to run the U.S. Mail Service, most federal domestic spending wrongly based on stolen state powers, and likewise stolen state revenues uniquely associated with those powers, one option for unconstitutional federal taxes is for the feds to give citizens free postage for the rest of their lives.

"Article I, Section 8, Clause 7: To establish Post Offices and post Roads;"

In fact, the congressional record shows that Rep. John Bingham, the main author of Section 1 of the 14th Amendment, had emphasized that the Founding States had left the care of the people to the states, not the federal government.

”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)

Insights welcome.

The remedy for unconstitutionally big federal government oppressing everybody under its boots...

The states desperately need to eliminate the unconstitutional middleman, the unconstitutionally big federal government, from “helping” the states to manage their revenues.

More specifically, Trump's red tsunami of patriot supporters need to start supporting their Trump-endorsed MAGA candidates for state lawmakers ASAP to put a stop to unconstitutional federal taxes, and likewise unconstitutional interference in state affairs, by doing the following.

MAGA candidate state lawmakers need to lead ALL the states to effectively "secede" from the unconstitutionally big federal government by repealing the 16th (direct taxes) and 17th (popular vote for federal senators) Amendments (16&17A).

Once 16&17A are gone, unconstitutional federal taxes permanently stopped, each state will ultimately find a tsunami of new revenues (imo) that can be used to increase teacher salaries, also salaries of police and fire departments for starters.

Let's also include new state funding for infrastructure maintenance in that list. Undoubtedly many other state social spending programs as well to replace former unconstitutional federal spending programs.

In fact, Justice Louis Brandeis had seemingly reflected on Bingham's words (above) when Brandeis volunteered his "laboratories of democracy" metaphor to emphasize the unique power of the states to serve the people, ultimately depending on the kind of state social spending programs that the legal majority citizen voters of a given state want.

"[...] a single courageous State may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country." —Justice Louis Brandeis, Laboratories of Democracy.

Corrections, insights welcome.

25 posted on 08/18/2022 10:53:12 AM PDT by Amendment10 ( )
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To: Nathan _in_Arkansas

That was my thought as well. We know they would keep the fishing expedition alive until he was dead.


26 posted on 08/18/2022 11:03:45 AM PDT by matt04 ( )
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To: newzjunkey
It's a matter of interpreting the tax law. Say an exec has a house in Connecticut but works in Manhattan. He needs to work late, so the company rents a nice apartment to stay in. Say he and the family occasionally use it on weekends when visiting New York.

Is the cash equivalent of the apartment rent "taxable income" or not? All of it, or only when the family stays over on non-work days? How about a driver and car to commute? Taxable non-deductible commute expenses or legitimate business cost?

There are a thousand ambiguities the authorities can use like this to nail execs at big companies. It's abuse of prosecutorial discretion. And there is no way this guy did his own taxes. So all of this got past trained tax accountants.

27 posted on 08/18/2022 11:09:30 AM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: EBH

He—gasp! woobwoobwooobwooobwooob! Nyuck. Nyuck.—inflated deductible expenses for parking! The walls are closing in on Trump./s


28 posted on 08/18/2022 11:17:55 AM PDT by ToxicMasculinity ("Free country"? Good morning, Rip.)
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To: pnut22

Horrible questions.
There are rules covering all of that stuff.
Is it deductible? Or is it taxable?
It is surprising to me what new wrinkles are found in the law. Emanations and penumbras are vague. And vacuous.
What might happen if a close look like they are giving Trump, was taken at Google? Facebook? Apple? Berkshire Hathaway?


29 posted on 08/18/2022 11:22:16 AM PDT by Honest Nigerian
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To: EQAndyBuzz

FBI arrests former Rep. T.J. Cox on dozens of fraud charges

https://www.politico.com/news/2022/08/16/t-j-cox-arrested-fbi-california-00052191

Retired Democrat. Thread to follow.


30 posted on 08/18/2022 11:22:37 AM PDT by ToxicMasculinity ("Free country"? Good morning, Rip.)
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To: EBH

IRS ‘violations’...

Every single American probably has ‘violations’.

The IRS regulations are so complicated that if you have 5 different IRS agents help you with your taxes you will probably get 5 different results.

And if only one is ‘correct’ then the other 4 contain ‘violations’


31 posted on 08/18/2022 11:35:14 AM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: EBH

wait, he got a “perk”? Thats it?


32 posted on 08/18/2022 11:43:06 AM PDT by Pxzftrnqfrn
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To: EBH

This is a good time to remind everyone (mrs. jimfree mentioned it this a.m.) that student loan forgiveness is a taxable event.


33 posted on 08/18/2022 11:47:07 AM PDT by jimfree (My 19 y/o granddaughter continues to have more quality exec experience than Joe Biden.)
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To: Leaning Right

That’s right, and to make matters worse, bureaucrats purposely design regulations to be blurry - so that they can use them as a way of playing favorites.

That way, they have the flexibility of enforcing them selectively on their political adversaries.


34 posted on 08/18/2022 12:20:43 PM PDT by enumerated ( )
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To: Leaning Right
But there are something like 100,000 federal laws and regulations.

If you printed them all out on paper, how many tons would that weigh?

35 posted on 08/18/2022 12:37:10 PM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: InterceptPoint
They go to one of their paid up free and clear vacation homes.

Or to Epstein's island.

36 posted on 08/18/2022 12:52:16 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: EBH

Guilt by association, plain and simple.


37 posted on 08/18/2022 2:43:50 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
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To: EBH

If it’s good enough for Biden it good enough for Allen Weisselberg.


38 posted on 08/19/2022 8:59:19 AM PDT by Vaduz ( )
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