New York prosecutors digging into Trump's tax, financial records

Bush had no intention whatsoever to cater to the poorest in America. The money for his reelection was most-certainly not coming from them.

Nonetheless, almost half of American-voters forgave him his mockery of fact and necessity, and vote for the SoaB.

Americans got really stoopid. Which shows to what point the rich are able to manipulate the American voter by means of the boob-tube.

That is a sad, sad tale regarding American voting - half the voters really wanted Jerko to continue into a second-term ... !

 

INCOME DISPARITY MAP

Blah, blah, blah.

Trump was an incompetent PotUS and as we shall learn (from the present ongoing investigation in NYC) quite possibly a thief. Let's give that investigation, which he smothered during his entire time in office, is quite likely to render pertinent information that will convict him of gross-fraud.

Time will tell - and time is on Biden's side. Trump is a political has-been and if the Replicants want him for presidential candidate next go-round, then so much the better. Biden will very likely swamp him. Trump is a rich man, and that seems to poison the better-judgement of most Trumpeteers on this forum.

What America needed the last presidential election is what it got. An intelligent and open PotUS who has an honest political background. Four years of Trumpism, and the fact that he reduced upper-income taxation in a nation that is one of the worst in terms of Income Disparity are the danger-signals that should be ringing in the ears of Trump-voters today ...

And because you may think I am barking a useless cause, see this international Income-Disparity Global Map and note that Uncle Sam in full-red is amongst the world's worst ...

 

God that is such a lame ass excuse. "If they have nothing to hide!!!" has been a great excuse to institute things like the Patriot Act. It's a great excuse to condemn people for no valid reason. And its being used in the Democrats push for making new legislation about "domestic terrorists" which just oozes a Patriot Act 2.0 smell.

 

The obsession the left has with Trump and his taxes is mentally unhealthy.

 

Perhaps the reason why several of Trump's tax returns are being audited is due to suspicious activities........DUH!

 

No obsession here, however, the above-average intelligent people know Trump desperately tried to hide something plainly scandalous.

 

First of all, he's not POTUS anymore, move on please. Stop the obsession with him.
Second, if there was something to be found that such the scandal as you imagine, wouldn't the IRS have found it?

 

The primary line of inquiry will be to compare Dirty Donnie's property evaluations to his loan applications. They will be looking for large differences in the declared value, for loan purposes, and the taxable value, for tax revenue purposes. Loans and Liens on property are a matter of public record, by law.

Declaring a property to be valued at $1,000,000 for tax purposes and then declaring it to be valued at $2,000,000 for loan purposes is a huge no-no.

I am hopeful that they find multiple occurrances of this. It should keep him in court for decades, effectively neutering him politically and financially.

 

Once again, perhaps the reason why several of Trump's tax returns are being audited is due to suspicious activities........DUH!

 

As previously posted, if there was something to find, the IRS would have found it. They likely have an entire division for large multi-facetted entities like Trump.

If you look back to 2016, you will see exactly what is in play here. Political games, the NY DA and company are rippingly pissed politically, and they have been demanding his financial documents for years. I highly doubt they are going to find anything of value, but a T or an I may have not been dotted or crossed. If his accountants played games, then their ass goes on the line, not Trump's depending on the their terms of engagement. Contrary to popular belief, Trump himself, didn't do his taxes, lol.

Now that Trump has officially 'left' NY, they have lost a source of revenue, and many others are doing the same thing. NY is going to be in a world of hurt when more wealthy people bail... as it is, one must 'prove' that they have 'severed ties' with NY before NY will let them go financially.

IMO, it's their last ditch effort to give Trump the ol' one finger salute....

 

Quote: ''wouldn't the IRS have found it?"

For your info, several of Trump's tax returrns are currently being audited/investigated by the IRS, thus, you're jumping the gun.

 

Do you understand how properties are appraised and evaluated? Real estate isn't a set number, it fluctuates depending on the purpose and environment at the time of appraisal.

As I've explained before, the loanning entity will conduct their own appraisal, to validate the collateral of the loan. If their appraisal satisfies the needs of the collateral, the committee will review other aspects including debt load etc of the applying party, and THEY will decide if the loan is granted.

Tax basis is found on similar properties with in a specific geographical range. By the tax assessor. Not by Trump's company, or Trump himself. One can argue with the Assessor, but there has to be a basis for evaluating a property for tax reporting purposes. The accountants usually value assets based on a existing formula.

 

And all the IRS audits were faked, DUH! Ya we got it

 

No one knows why Trump's IRS audit has dragged on for almost a decade, thus, questions such as; ''Wouldn't the IRS have found it?''........is ludicrous.

 

Good explanation in that it more fully explains the potential tax fraud charges in Dirty Donnie's case. You do know that real estate loans are taxed in NY state, right ?

 

We'll see, he's been through this before and remember the Maddow debacle?

 

It's a subpoena, not an act of Congress. Are you opposed to the rule of law?

 

I only need to examine two things here.

1) A judge signed off on the subpoena. Therefore, what Vance is seeking wasn't available to the IRS, or the judge felt the SDNY has a valid predicate for the investigation, regardless of IRS jurisdiction.

2) All other presidents have released their tax returns once the practice became routine.

Trump is hiding something.

 

He's been through this all his life. His grandfather made the first family fortune as a migrant in the far-west of the US. He moved to NYC, and continued investing in what had made his first fortune, real estate. His son continued in real-estate. (Ho hum.) And, his son (third in the line) has done the same thing. Why not? Realty has always made millions for the family.

His father left him close to $330M and guess what he did with it? Bought property.

It's in the family - they don't know how to do anything else. (Yeah, yeah, I'm just jealous ... ;^)

So now he thinks that being PotUS is his "heritage". Even though he lost BOTH popular-votes for the post.

But, that's America! If at first you don't succeed, try, try again - just make sure you know where the money is ...

 

I don't know, the IRS is pretty thorough, especially with folks like Trump.. But it's no stretch of the imagination that many on the left gosta be hate'n and Trump has clearly become a vessel for that, is that blessing for the rest of us, well I believe so!!

"A lion feeding is far less dangerous then a lion hunting"

 

So the proper entity is doing their job. It's the IRS.

 

If he can do that before a court in NYC, then he probably walks-on-water as well.

I would not count it, though ...

 

And the other proper entity is doing its job. The SDNY.

 

It is NOT a matter of obsession, but fairness and (far more importantly) "justice".

By his lack of action, he is already responsible for at least 80% of those who are dieing from Covid in the US. Had he adopted an anti-dote and put it into trial, he'd have seen that it works. But, NO! HE HAD TO DO IT HIS WAY!

And as a consequence, even more people died than need be. That is called, Professional Negligence in the Face of a Proven Threat to the nation - and he should go to court for it.

But he wont ...

 

What financial records aren't available to the IRS? If it involves anything to do with his taxes, then they are available. Judge Victor Marrero was a Clinton appointee. It would not be surprising if politics were involved.

How many POTUS' have had multiple corporations involved in their Tax Returns? Chances are, unless one deals with them on a regular basis, the tax returns would not provide any information to the average person. There isn't a line on their that says 'Bribes received'.