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Trump's tax returns have been handed over to Manhattan prosecutors: Supreme Court declined to block a New York grand jury from getting Trump's personal and corporate tax returns.
NBC News ^ | 02/25/2021 | Tom Winter and Adam Edelman

Posted on 02/25/2021 11:20:54 AM PST by SeekAndFind

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To: SeekAndFind

This is harassment. A person of Trumps wealth and income is pretty much under constant audit. There is nothing to see here.


61 posted on 02/25/2021 1:27:47 PM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: SeekAndFind

Is there a criminal charge (”be quiet” money was determined to be perfectly legal) or are they going to have to analyze everything to come up with something appropriate?


62 posted on 02/25/2021 1:31:23 PM PST by jughandle (Big words anger me, keep talking. )
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To: Bubba Ho-Tep; All

We don’t pay income tax on properties, we pay property tax and those taxes are assessed.

That leaves valuation for collateral purposes which are subjective and that’s why lenders have 3rd party appraisers.

So I agree with Trump, this is a fishing expedition and as I posted more than a year ago, this is NOT about real estate. This is about doxxing Trump partners who will be revealed in the returns and who will then be targeted.

These people need to be stopped and made an example of.


63 posted on 02/25/2021 1:46:23 PM PST by Hostage (Article V)
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To: SeekAndFind

So we don’t have a crime that we are investigating . We need the returns to see if he committed a crime.

America as we knew it is gone


64 posted on 02/25/2021 1:50:44 PM PST by dirtymac (Now is the time for all good men to come to the aid of their country.(DT4POTUS))
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To: SeekAndFind

So now, they can get anyone’s tax records.


65 posted on 02/25/2021 1:54:14 PM PST by Doche2X2
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To: Alberta's Child
I can’t imagine that any accountant would sign off on a return with even a small discrepancy between what was reported to the IRS and what was reported to the State.

IF they did, even quite by accident, would that liability fall on the Firm or the Client?

66 posted on 02/25/2021 2:03:07 PM PST by BlackbirdSST (If your home doesn't reek of Hoppe's, you ain't paying attention.)
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To: Slyfox

Can we demand the the Biden family hand over their tax returns, please?

They're right here, apparently. Now I am not an accountant, so I don't know if they show any funny business going on or not, but maybe there are some Freeper accountants on here who could make sense of it.

https://joebiden.com/financial-disclosure/

67 posted on 02/25/2021 2:19:37 PM PST by FormerFRLurker
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To: Shady

The precident is there...

Damn right the precedent is there. Every president from Nixon onwards has released his tax returns. If I were in Trump's shoes I would release the tax returns, then sit back and watch the leftist media howl with outrage when they find nothing there. The more he resists releasing them the more it looks like he has something to hide, even though I'm sure he doesn't.

68 posted on 02/25/2021 2:24:56 PM PST by FormerFRLurker
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To: forgotten man

They don’t care what the tax returns mean. All they need is an indication that he is doing business in Russia, China, etc. and they can and will claim anything they want.

They lie all the time. they do not need the truth.


69 posted on 02/25/2021 2:25:58 PM PST by dirtymac (Now is the time for all good men to come to the aid of their country.(DT4POTUS))
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To: SeekAndFind

“A million pages” tells you they have no crime and they are trying hard to find one.


70 posted on 02/25/2021 2:46:17 PM PST by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: SeekAndFind

They will find nothing illegal..They will infer everything could be illegal/immoral/antisocial etc.


71 posted on 02/25/2021 2:47:53 PM PST by pfflier
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i understand there are literally miliions of pages for the years involved...i would mixed them up throughly and completely,,,then say “there ya go”.....


72 posted on 02/25/2021 2:56:44 PM PST by basalt
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To: SeekAndFind

Enough talk, it is time for action.


73 posted on 02/25/2021 3:06:34 PM PST by semaj (Death to Traitors)
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To: SeekAndFind

80 million plus know who the criminals are and we are just sitting back and watching them do it


74 posted on 02/25/2021 3:10:52 PM PST by ronnie raygun
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To: SeekAndFind

Likely some combination of bank/tax/insurance fraud. Any or all of those.


75 posted on 02/25/2021 6:09:37 PM PST by Coronal
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To: Meatspace

If they don’t comply in a prompt manner they risk losing their accounting licenses in multiple states. They’re required to comply with the law.


76 posted on 02/25/2021 6:11:15 PM PST by Coronal
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To: Bubba Ho-Tep

Again, I find this a bit difficult to believe too. No bank is going to loan money of that magnitude without having the property appraised. My wife worked for Citibank years ago when they go screwed on the Trump Shuttle. It was the bank’s fault, not Trumps.

Valuation for tax purposes is tied to GAAP accounting rules. Depreciation differs between book and tax but the “value” of an asset for tax purposes is its cost. There are very few ways left to maneuver the tax code. That’s why it’s as friggin large as it is. And why I have a job!


77 posted on 02/26/2021 5:45:48 AM PST by TangledUpInBlue
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To: SeekAndFind

What was the probable cause used to obtain the tax data?


78 posted on 02/26/2021 6:25:05 AM PST by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: SeekAndFind

UNLESS the Grand Jury is composed of CPA’s, it will all be a mystery to normal people.


79 posted on 02/26/2021 10:24:18 AM PST by ridesthemiles ( )
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To: SeekAndFind
Cohen also alleged to Congress that the Trump Organization sometimes lied about its financial condition to evade taxes or obtain favorable loan terms.

Well which is it? Do these guys not realize that those two are opposites?

If I lie about having crappy company revenue, so I can cheat my taxes, I'm not gonna get good loans.
If I lie about having overly good cash stream and value in order to get a good loan, I'm gonna be paying extra taxes!
80 posted on 02/28/2021 10:54:09 AM PST by Svartalfiar
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