Current Events > Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father

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Muffinz0rz
10/02/18 3:30:35 PM
#1:


https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html

The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in todays dollars from his fathers real estate empire, much of it through tax dodges in the 1990s.

Holy fuck the article is long so I'm not quoting the whole thing

Otherwise

This time
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eston
10/02/18 3:31:16 PM
#2:


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CM_Ponch
10/02/18 3:31:17 PM
#3:


Lol
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Antifar
10/02/18 3:31:57 PM
#4:


The law and order president
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cmiller4642
10/02/18 3:32:02 PM
#5:


He could molest a child on camera and his supporters would still say he's the greatest human being to ever grace the Earth
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ImTheMacheteGuy
10/02/18 3:33:37 PM
#6:


Tc why are you a trump supporter?
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Chad-Henne
10/02/18 3:43:24 PM
#7:


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littlebro07
10/02/18 5:31:26 PM
#8:


I thought we already knew he was a tax dodger
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Metua
10/02/18 5:35:35 PM
#9:


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Smashingpmkns
10/02/18 5:38:01 PM
#10:


God damn. That's a almost a 6th of his supposed net worth lol
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Howl
10/02/18 5:38:07 PM
#11:


Muffinz0rz posted...

This time


Just wait guize that impeachment is coming!!!
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Bio1590
10/02/18 5:39:22 PM
#12:


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#13
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Coffeebeanz
10/02/18 5:47:51 PM
#14:


fenderbender321 posted...
Aren't we way past the statute of limitations to charge somebody for tax evasion?


IRS don't give a shit
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Yazarogi
10/02/18 5:49:49 PM
#15:


fenderbender321 posted...
Aren't we way past the statute of limitations to charge somebody for tax evasion?


There is no such thing as a statute of limitations when it comes to money.

The IRS doesn't give a fuck who you are, and -most- of the time, the looming threat of the IRS is cause enough for most people to shit themselves.

Trump should be afraid right now.
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WhyGiveUp
10/02/18 5:51:24 PM
#16:


Yazarogi posted...
Trump should be afraid right now.

Why do you think he's pushing so hard to get Blackout Brett on SCOTUS?
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#17
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butthole666
10/02/18 5:51:55 PM
#18:



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Bio1590
10/02/18 5:52:53 PM
#19:


I don't think that's gonna save him from the IRS >_>
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SK8T3R215
10/02/18 5:55:06 PM
#20:


fenderbender321 posted...
Pretty sure it's like 6 years in most cases, up to 10 years for the IRS to audit or press charges.


Yeah unless it's fraudulent then they have forever basically. But they have to prove they filed a fraudulent return first.
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Bio1590
10/02/18 5:55:30 PM
#21:


fenderbender321 posted...
Pretty sure it's like 6 years in most cases, up to 10 years for the IRS to audit or press charges.

It is also important to note that no deadline applies where the IRS can establish that a taxpayer has: 1) filed a false or fraudulent return; 2) willfully attempted to evade tax; or 3) failed to file a return. Unlike the circumstances above where tax returns are filed (even with errors), these are cases in which a taxpayer is willfully or intentionally not filing taxes or is filing fraudulent return(s). Not only will there be no time limit on IRS action against such taxpayers, but heightened interest fees and penalties will apply.

Worse yet, tax fraud and evasion are criminal violations and offenders face the prospect of fines and jail time if the government seeks to prosecute them for the offenses. Nevertheless, every year thousands of individuals fail to pay their taxes, but the IRS usually prefers to resolve tax problems outside of the judicial system in most cases. Coming forward voluntarily and cooperating with the IRS to determine any taxes that are due and establishing a payment plan is sometimes a good way of both avoiding criminal liability and getting back in the relative good graces of the IRS.

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#22
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Yazarogi
10/02/18 5:57:34 PM
#23:


Bio, that last point is for people who didn't game the system for "millions" of dollars, but the average Joe America.
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darkjedilink
10/02/18 6:05:23 PM
#24:


Muffinz0rz posted...
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html

The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in todays dollars from his fathers real estate empire, much of it through tax dodges in the 1990s.

Holy fuck the article is long so I'm not quoting the whole thing

Otherwise

This time

I wonder why they adjusted it to today's dollars, instead of just printing what they actually found?
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Letron_James
10/02/18 6:06:44 PM
#25:


Whoda thunk Donny bitch is a law breaking trust fund babyback bitch

i did
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loafy013
10/02/18 6:11:43 PM
#26:


I want to say Chicago has been trying to call him out on this bullshit for awhile. Argues that he is eligible for certain programs for his properties due to their value, city comes back and points out how his taxes showed a much lower assessment for the same property that makes them ineligible.
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#27
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DepreceV2
10/02/18 7:41:57 PM
#28:


Why am I not suprised...
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Southernfatman
10/02/18 7:45:06 PM
#29:


To the right, tax cheating is an intelligent and noble thing to do to show that evil, tyrannical, big government...unless you're poor. Then you're a moocher.
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billcom6
10/02/18 7:48:48 PM
#30:


It's okay guys. He's going to release his tax returns. He said he would!
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PrettyBoyFloyd
10/02/18 7:51:13 PM
#31:


Coffeebeanz posted...
fenderbender321 posted...
Aren't we way past the statute of limitations to charge somebody for tax evasion?


IRS don't give a shit

Yazarogi posted...
fenderbender321 posted...
Aren't we way past the statute of limitations to charge somebody for tax evasion?


There is no such thing as a statute of limitations when it comes to money.

The IRS doesn't give a fuck who you are, and -most- of the time, the looming threat of the IRS is cause enough for most people to shit themselves.

Trump should be afraid right now.

Hell folks like Attila the Hun, Genghis Khan, Adolf Hitler and Joseph Stalin would fear the IRS.

When people owe... people pay.
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iPhone_7
10/02/18 7:53:59 PM
#32:


A small loan of a million dollars
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ledbowman
10/02/18 8:03:52 PM
#33:


The White House responds:

https://twitter.com/kaitlancollins/status/1047275281701068800?s=19
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Bio1590
10/02/18 8:08:01 PM
#34:


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ssj3vegeta_
10/02/18 9:04:39 PM
#35:


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WhyGiveUp
10/02/18 9:05:57 PM
#36:


ledbowman posted...
The White House responds:

https://twitter.com/kaitlancollins/status/1047275281701068800?s=19

Insanity
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Muffinz0rz
10/03/18 12:52:50 PM
#37:


Bio1590 posted...
ledbowman posted...
The White House responds:

https://twitter.com/kaitlancollins/status/1047275281701068800?s=19

Jesus fucking Christ

Literally sounds like he wrote it and someone changed his first-person pronouns to "the president"
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