Big Daikon wrote: ↑Tue Apr 04, 2023 11:04 am

Pseudonomdeplume wrote: ↑Tue Apr 04, 2023 6:24 am

Random Dude wrote: ↑Tue Apr 04, 2023 6:17 am

crob wrote: ↑Tue Apr 04, 2023 5:23 am is it bad that I don't understand why it's illegal to pay 'hush money' to your former hookers, isn't that just a cost of business?

From what I understand the payment itself isn't the problem, the issue is that he did it in a way that ripped off the taxman, making it tax fraud, which will bring heat on you anywhere in the world.

Yep. They're gonna pull a 'Capone' on him.

For a rather minor, if sleazy, infraction.

Still, this should be fun to watch.

Tax fraud is a “minor infraction”? LOL

I don’t think so.

Big Daikon wrote: ↑Tue Apr 04, 2023 11:04 am

Pseudonomdeplume wrote: ↑Tue Apr 04, 2023 6:24 am

Random Dude wrote: ↑Tue Apr 04, 2023 6:17 am

crob wrote: ↑Tue Apr 04, 2023 5:23 am is it bad that I don't understand why it's illegal to pay 'hush money' to your former hookers, isn't that just a cost of business?

From what I understand the payment itself isn't the problem, the issue is that he did it in a way that ripped off the taxman, making it tax fraud, which will bring heat on you anywhere in the world.

Yep. They're gonna pull a 'Capone' on him.

For a rather minor, if sleazy, infraction.

Still, this should be fun to watch.

It sort of makes me think of a tow truck driver watching car loads of cops getting ready to raid the house of a drug lord. He knows the guy's illegally parked car isn't a huge deal compared to everything else the guy has done, but dammit, the fucker has been getting away with blatantly flouting the parking rules for too long, and he's going to do his job and tow the bastard's car before the cops swoop in and deal some real justice to him.

And yeah, it's going to be a show for sure. Put the beers in the fridge and let the shenanigans begin.

A lot was learned during the Weisselberg testimony on how the Trump Organization avoided paying taxes.

What’s funny about it is that the Trump attorneys who represented Weisselberg negotiated a plea deal for him, but they are now appealing the guilty verdict against the Trump Organization because of his testimony.

From his associates to the January 6th debacle, all these individuals are doing time in prison because they wanted to please an individual who doesn’t give a shit about them, only about himself.

Trump is going to be having a busy month. I just saw an article saying he's in court again next week regarding his company's fraud charges, then again later in the month regarding the rape thing.

And then there's still all the other cases to come... trying to overthrow the election, Jan 6, stealing documents, and whatever else I've forgotten about.

Not sure about these charges. While he’s ultimately responsible for the tax returns, I’d guess he just signs papers placed in front of him as opposed to instructing his accountant how to record things.

I’d also wonder the actual tax impact of the amount written off. Was it excess losses carried to future years and did he ever use the loss for actual tax savings? Or was it carried forward and not yet used?

To me this doesn’t seem significant enough to be a “gotcha” type charge. Not that it’s all roses, but rather something that’s resolved with a tax bill and some penalties instead of all this.