Posted on 08/18/2022 10:00:07 AM PDT by EBH
As part of the plea agreements, Weisselberg cooperate with the prosecutors in the two criminal cases against the Trump Organizations.
IRS code is arbitrary law so you can create criminality out of anything you want. The IRS code contains more pages than The Bible.
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.
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.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
”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)
"From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]." —United States v. Butler, 1936.
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.
That was my thought as well. We know they would keep the fishing expedition alive until he was dead.
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.
He—gasp! woobwoobwooobwooobwooob! Nyuck. Nyuck.—inflated deductible expenses for parking! The walls are closing in on Trump./s
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?
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.
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’
wait, he got a “perk”? Thats it?
This is a good time to remind everyone (mrs. jimfree mentioned it this a.m.) that student loan forgiveness is a taxable event.
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.
If you printed them all out on paper, how many tons would that weigh?
Or to Epstein's island.
Guilt by association, plain and simple.
If it’s good enough for Biden it good enough for Allen Weisselberg.
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