Page 1 of 16 12311 ... LastLast
Results 1 to 10 of 151

Thread: Trump appears to have committedTax Fraud

  1. #1

    Trump appears to have committedTax Fraud

    It seems we now know why Trump didn't want to publish his tax returns.

    He sold two Condos to his son at a discounted rate without paying the gift tax.

    This is probably keeping Mueller very busy

    From Mediate instead of Wapos's pay wall.


    "Based on New York City property records, Trump paid $13,000 in taxes related to the two sales, which indicates that he didnít treat the transactions as a gift and likely didnít pay those taxes. And, as the attorneys further explained, this could lead to fines or even possible jail time.

    Willful failure to file a tax return, including a gift tax return, is a misdemeanor, punishable by a $25,000 fine, imprisonment of up to one year or both. Fraudulent failure to file ó meaning an overt act of evasion ó may elevate willful failure to a felony. That carries a fine of up to $100,000, imprisonment of up to five years or both, along with the costs of prosecution."

    https://www.mediaite.com/online/did-...yers-think-so/

  2. #2
    no more. Homesick's Avatar
    Member Since
    Apr 2005
    Location
    The Un - United States of America
    Posts
    4,771
    why not just do a colonoscopy and be done with. Your noses are already sniffing for anything and all drooling to find something.

  3. #3
    Talk Show Host hotbikermama40's Avatar
    Member Since
    Nov 2012
    Location
    The Dorf
    Posts
    950
    Sounds like a mistake Trump would make
    Some folks just need a high-five. Some just need a high-five to the face.

  4. #4
    I'll patiently wait for the indictment, conviction, and subsequent impeachment.

    Smoking gun!
    "Never let the old man in." - Clint Eastwood quoting an old friend

  5. #5
    Quote Originally Posted by Sapidus View Post
    "Based on New York City property records, Trump paid $13,000 in taxes related to the two sales, which indicates that he didn’t treat the transactions as a gift and likely didn’t pay those taxes.
    Wait! What? He paid the tax (according to records), but didn't pay the tax? How does that work exactly?

    Oh, there it is... that preponderance of evidence........... "he likely didn't pay those taxes" even though records who he did pay the taxes.
    "Never let the old man in." - Clint Eastwood quoting an old friend

  6. #6
    Quote Originally Posted by PsyOps View Post
    Wait! What? He paid the tax (according to records), but didn't pay the tax? How does that work exactly?

    Oh, there it is... that preponderance of evidence........... "he likely didn't pay those taxes" even though records who he did pay the taxes.
    A gift tax is a separate tax which requires a additional form. The taxes on the value of that real estate would be much more than $13,000 ( $350,000) hence the likehood that he didn't report it as a gift.

  7. #7
    Talk Show Host hotbikermama40's Avatar
    Member Since
    Nov 2012
    Location
    The Dorf
    Posts
    950
    Quote Originally Posted by Sapidus View Post
    A gift tax is a separate tax which requires a additional form. The taxes on the value of that real estate would be much more than $13,000 hence the likehood that he didn't report it as a gift.
    ...hence the likelihood of you being a fart smeller
    Some folks just need a high-five. Some just need a high-five to the face.

  8. #8
    Quote Originally Posted by hotbikermama40 View Post
    ...hence the likelihood of you being a fart smeller
    I keep learning more and more about you. Now I know you don't even have a job since you can't be more than 14 with that comment.

  9. #9
    Bird Dog Bird Dog's Avatar
    Member Since
    Aug 2006
    Location
    Chesapeake Bay
    Posts
    4,933
    Scandal du' jour.........can't wait until next week......I love the word appears....misdemeanors and high crimes...........
    The corrupt press are still looking.....11 months and counting
    When you lie down with dogs, you're going to get fleas....


    Quote Originally Posted by vraiblonde View Post
    How is it that you don't see how crazy you sound when you do this?

  10. #10
    Board Mommy vraiblonde's Avatar
    Member Since
    Mar 2001
    Location
    Off the grid
    Posts
    116,409
    Blog Entries
    2
    Quote Originally Posted by Sapidus View Post
    A gift tax is a separate tax which requires a additional form. The taxes on the value of that real estate would be much more than $13,000 ( $350,000) hence the likehood that he didn't report it as a gift.
    Except for the part where if he sold them, it wouldn't have been a gift.
    "Too much agreement kills a chat."
    ~Eldridge Cleaver

Members who have read this thread: 76

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Search:     Advanced Search
Search HELP

| Home | Help | Contact Us | About somd.com | Privacy | Advertising | Sponsors | Newsletter |

| What's New | What's Cool | Top Rated | Add A Link | Mod a Link |

| Announcements | Bookstore | Cafe | Calendar | Classifieds | Community |
| Culture | Dating | Dining | Education | Employment | Entertainment |
| Forums | Free E-Mail | Games | Gear! | Government | Guestbook | Health | Marketplace | Mortgage | News |
| Organizations | Photos | Real Estate | Relocation | Sports | Survey | Travel | Wiki | Weather | Worship |