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

Discussion in 'Current Events' started by LafayetteBis, Feb 25, 2021.

  1. Collateral Damage

    Collateral Damage Well-Known Member

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    You do know that a Real Estate Transfer Tax is not exclusive to NY, right?

    That the Tax Assessor will come out and review a property for the appropriate valuation for tax purposes, and the millage is set for all properties in a particular classification?

    If Trump's accountants screwed something up, I am sure that we will hear about it, but someone in business as long as he has would have been found out if they were trying to slide something by, many years ago.
     
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  2. ButterBalls

    ButterBalls Well-Known Member

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    I doubt the IRS got it THAT wrong! And if they did, they would have it burred to save face knowing how the Democrats would all for the defunding of the IRS for decades of incompetence..

    Not that I wouldn't encourage the end of the Internal Revenue Service!!!
     
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  3. ButterBalls

    ButterBalls Well-Known Member

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    Actually jumping the gun would be starting an investigation in to something the IRS is already doing ;)
     
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  4. ButterBalls

    ButterBalls Well-Known Member

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    Oh stop, you're crushing a dream here bro!
     
  5. ChiCowboy

    ChiCowboy Well-Known Member

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    You're complicating the issue with baseless speculation. Grand jury investigations are secret. Neither one of us can say what's being looked at or what Vance's motives are. Until such a day these facts become public, if ever, I must stick with basic objectivity. Innocent people don't fight something that would be exculpatory. The entire judicial system up to and including the SCOTUS isn't conspiring to score political points against Trump.

    Again, until I see actual evidence, I have no reason to think anything other than what I've argued here.
     
  6. Collateral Damage

    Collateral Damage Well-Known Member

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    I'm sorry if you cannot see external factors that might drive something like this. But discussion, is just that, discussion. The entire Trump presidency has been rife with speculation since before he took office.

    Would the situation have even reached the SCOTUS if not initially instigated based on.... speculation?
     
  7. fullmetaljack

    fullmetaljack Well-Known Member

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    Then he has nothing to fear from a criminal probe of his financial records. I'm sure the public debt filings will match the valuations on his tax return to the penny.

    BTW, are you saying that Dirty Donnie has never been "found out" for trying to slide something by ?

    https://en.wikipedia.org/wiki/Legal_affairs_of_Donald_Trump
     
    Last edited: Feb 26, 2021
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  8. ChiCowboy

    ChiCowboy Well-Known Member

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    That's fine. I'm not criticizing your freedom to speculate. I'm just saying that I'm not going to be swayed by speculation until some basic questions are answered.

    Would you spend millions of dollars fighting a subpoena if honoring it would be exculpatory? Something every other president has done willingly?

    That the courts have ruled against Trump proves there's something there. No amount of speculation can change this simple truth.

    We don't know what it is, or whether it will amount to anything. What I know is that it can't be dismissed out of hand as being purely politically driven.
     
  9. fullmetaljack

    fullmetaljack Well-Known Member

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    I beg to differ on one point: The ruling is neutral with respect to what is or is not there. It merely states that the prosecutor is within his rights to review the records in question.
    No negative inference can be made from the ruling.

    The negative inference is created by, as you stated, fighting the subpoena tooth and nail and millions.
     
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  10. Collateral Damage

    Collateral Damage Well-Known Member

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    No, I did not say that. Personally, I think Trump is a twit, but that doesn't mean he's a criminal in the literal sense. Law suits do not necessarily mean the intention was to defraud.

    I am sure that he has done things that would be of questionable nature in business, but as to taxes, I would definitely question. He's been through multiple audits on several levels, so there is history - and most accountants know what lines they can push, and which they can't.
     
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  11. ButterBalls

    ButterBalls Well-Known Member

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    Good one bro :) Irony at it's grandest..
     
    Last edited: Feb 26, 2021
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  12. ChiCowboy

    ChiCowboy Well-Known Member

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    Correct and thank you. I worded that poorly.

    What I meant is that the legal standards for issuing the subpoena have been met, and the courts have held this. I don't know what those requirements are, but I do know they don't involve politics. Taking down a political opponent legally is a bonus. That doesn't change the fact that the predicate is valid.
     
  13. Daniel Light

    Daniel Light Well-Known Member

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    Sad dude. Just sad.

    The State of NY is looking into STATE TAX irregularities, not Federal. They want Donald's Federal taxes to look
    for differences between the Federal returns and state returns and to see if the Donald was giving different
    values of property he owns to lessen his STATE TAX DEBT. The IRS does NOT look into state tax issues.

    This ain't rocket science, and it ain't retribution. Donald's partners in Florida were under investigation for international
    money laundering and Donald's lawyer is in prison for questionable payments, not to mention Donald's charity and
    university have already run afoul of the NY DA even BEFORE he was President. Donald has
    been on the edge for years.

    So all you thinking this was an IRS issue are woefully under-informed.
     
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  14. ChiCowboy

    ChiCowboy Well-Known Member

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    Okay. That is certainly a possibility. But it raises the question why didn't Trump simply release his tax returns publically like everyone else? He's hiding something for some reason. Could it be illegality? Sure. Maybe he just doesn't want people to know he has a lot less money than he claims? Could be. Some other type of negative publicity? Yep. Who knows? What we know is Trump is hiding something. Your guess is as good as mine, but I'm going with illegality.
     
  15. ButterBalls

    ButterBalls Well-Known Member

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    And you really believe the FEDERAL IRS doesn't/didn't/hasn't thought of or done that LMAO..

    Come on Daniel, this is Trump and the IRS here, REALLY BRO ;)
     
  16. Collateral Damage

    Collateral Damage Well-Known Member

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    His taxes won't show anything about his personal worth. Zip zilch nil. You want that info, you'd need a compiled financial from the businesses with a Personal Financial Statement, and K-1s from each entity showing his portion of the Profit/Loss. For starters.

    I'm going to put weight on plain ego. 'Mine and you can't see it' Which is likely why the Democrats pushed so hard to see something that wasn't a requirement. And legally, they STILL can't see them, which is why I fully expect that at least a portion of them will get leaked, and taken out of context, there will be those who will have an orgasm over what they think they know.
     
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  17. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Just like Obama and the Clintons?

    Why does everything coming from the RW always have to start with:
    "But...Obama...But...Clinton"...?

    I guess it works both ways?

    Anyway, as to the OP, if Trump had nothing to hide then they should find nothing illegal.
     
    Last edited: Feb 26, 2021
  18. Daniel Light

    Daniel Light Well-Known Member

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    It's not a Federal case. It's a State case. The Feds don't check to see if the Donald has been fudging his State returns or
    property taxes. These are independent issues. Really bro.
     
  19. ChiCowboy

    ChiCowboy Well-Known Member

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    Yes, tax returns are limited to income, but that's irrelevant. Other filings are required that show wealth. I don't know if those are included, but if they become relevant, I'm sure Vance will be requesting those as well.

    Yeah, ego would be my second choice. A close second actually, which is even more insane. I still think he broke the law though. We'll see.
     
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  20. Kal'Stang

    Kal'Stang Well-Known Member

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    Love how you ignore the point. "If he had nothing to hide, he wouldn't have fought the subpoena." <--- That is what you said. Your statement assumes guilt because Trump dared to use his Right to challenge the subpoena. That he dared follow the rule of law btw.
     
  21. ChiCowboy

    ChiCowboy Well-Known Member

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    Guilty of what? Having something to hide? That's what I wrote. I didn't say it indicates a crime, though that's my guess.

    Trump spent millions just to exercise his rights. Is that your claim?
     
  22. Kal'Stang

    Kal'Stang Well-Known Member

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    Oh don't even try and deny that you weren't implying that he was guilty of a crime. That's the whole point in saying that phrase that has been all too often used to infringe on peoples rights.

    If I had millions I would. What's your point?
     
  23. James California

    James California Well-Known Member Past Donor

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    “ I’ve paid nearly 50% of my income in taxes, year after year, and any system that allows billionaires to pay ZERO is unspeakable corrupt. How about changing it, Democrats? ”

    ~ Ann Coulter
     

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