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[NYT] Trump Empire Built on Gifts & Tax Fraud

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Oct 2, 2018.

  1. CometsWin

    CometsWin Breaker Breaker One Nine

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    If the world's wealth is built on lies, fraud, and deceit then that's sort of a problem.
     
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  2. biina

    biina Member

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    You are just making up BS.

    Amazon is no more a monopoly than Walmart or Costco is.

    Amazon raised wages cos they were having difficulty staffing their warehouse. No matter how delusional you are, Trump does not get any credit for this.
     
    Invisible Fan likes this.
  3. dobro1229

    dobro1229 Member

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    If anything, his policies are just making our products and services as consumers much more expensive. You cut the workforce by stifling visas and green cards so retailers have to pay more for low level jobs then pass the cost along to the consumer.

    Now Amazon can afford it and not need to raise prices. Walmart can afford it, and not need to raise prices. But for the most part, this is basic economics, and has been the Republican economic philosophy for decades.

    More than likely Amazon was going to have to raise wages regardless if it was Trump or Hillary. Hillary would probably push to raise the min wage to keep the Bernie wing happy (although she would govern more like a traditional republican), and Trump is gutting our low wage labor force forcing some wage increases I’m sure.

    Trumps policies are surely causing the cost to affect consumers. Hillary’s policies ... not sure but with a more stable implementation of a min wage hike, companies at least have time to be proactive and not be reactive. My company has had two quarters with an unexpected head count shortage and it’s been devastating given what we forecasted at the beginning of the year, and not being able to account for loss of head count.
     
  4. SamFisher

    SamFisher Member

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    Just to recap the levels on top of levels of fraud here - In just one of the many scams:

    1. Fred Trump founded a fake building management company for his kids , used it to provide fraudulent/vastly inflated invoices to his actual company,

    2. funneled the profits to his kids as owners of the company to avoid estate tax

    3. took tax deductions for the whole thing for his actual company.

    4. And for the cherry on top, he used to fraudulent charges to evade NYC rent regulation laws by exaggerating his cost.

    That's like a quadruple play level of absurd cartoonish corruption, you probably have to pay somebody off to get away with that. It's like 1800's Boss Tweed era type stuff.

    Things I'd thought I'd never say - it's now up to the New York State Department of Taxation to do its part to help save the Republic.
     
  5. ROXTXIA

    ROXTXIA Member

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    And yet his supporters remain. Making excuses.

    Go talk about this with Joe Trumper, the first thing out of his mouth might be, "Well, Hillary---" Cut him off with, "Isn't one-tenth the scumbag."
     
  6. WNBA

    WNBA Member

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    There is no evidence. Trump does not know about it. Fake news plus Hilary was worse.
     
  7. adoo

    adoo Member

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    The state Finance Department said Tuesday that it would open an investigation into the allegations.
    The department had previously begun investigating the president’s charity, the Trump Foundation.

    Mayor De Blasio said the city and state would work together on the new probe. Under NY and federal
    law, there’s no statute of limitations to pursue civil tax cases if authorities suspect an intent to evade taxes.
    Generally, the activities described by the paper would be too old to lead to a criminal inquiry.​

    https://www.bloomberg.com/news/arti...g-to-recoup-any-unpaid-trump-taxes-mayor-says
     
  8. edwardc

    edwardc Member

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    Once again this is not about Hilary it about 45 and his tax dodging ways stay on subject please.
     
  9. Invisible Fan

    Invisible Fan Member

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    Leaks like the Panama Papers indicate it's common.

    Trump just banks on the fact that the IRS relies heavily on the honor system to the point where he games it on all levels... Privately, his business and his charity.
     
  10. SamFisher

    SamFisher Member

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    This isn't Panama papers level of sophistication though.

    It's old fashioned fraud, primarily by Fred Trump.

    Don was just kind of an actor who was playing a part. Which really makes more sense now. His reality tv career started about 30 years prior to when we thought.
     
  11. Invisible Fan

    Invisible Fan Member

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    ^Definitely. Trump has made a life exploiting trust of other people and the system. Weakening the IRS is just opening the door to dumb wealthy to cheat the system like the clever wealthy.

    This is no surprise for those who read about the Trump Foundation that surfaced months ago.
     
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  12. adoo

    adoo Member

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  13. KingCheetah

    KingCheetah Atomic Playboy
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    I don't think the Times could have possibly released this story at a worse time - why didn't they sit on it until the BK nomination was complete?
     
  14. pgabriel

    pgabriel Educated Negro

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    You're better than accusing someone of fraud their dad may have comitted

    Shame on you Eagle
     
  15. bobrek

    bobrek Politics belong in the D & D

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    If one knowingly participates in fraud instigated by another, aren’t they guilty of fraud as well?
     
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  16. pgabriel

    pgabriel Educated Negro

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    Participate at age 3. Did you read the article
     
  17. FranchiseBlade

    Supporting Member

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    Did you? Do you think the fraud was relegated to one time when Donny boy Trump was 3 years old? It was ongoing, and Trump was a knowing participant.
     
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  18. adoo

    adoo Member

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    ur just playing dumb

    Donald J has participated since birth and, most probably, still getting income from the trust funds



    when Fred Trump passed away in the early 2000s,
    the most valuable asset in his estate was ads IOU from Donald J for > $10 Million
    that was transacted in the previous year​
     
    #118 adoo, Oct 10, 2018
    Last edited: Oct 10, 2018
  19. pgabriel

    pgabriel Educated Negro

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    I know the Times got the info from tax returns so how is that fraud
     
  20. bobrek

    bobrek Politics belong in the D & D

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    Do you think it stopped there?
     

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