Big Daikon wrote: ↑Wed Apr 05, 2023 5:10 am

Random Dude wrote: ↑Wed Apr 05, 2023 3:38 am 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.

The above charges seem more substantial to me than paying hush money to a porn star. They may be trickier to prosecute and so the authorities went for the easier win.

Reminds me of one of the variations of the Prisoner's Dilemma.

GMJS-CEO wrote: ↑Wed Apr 05, 2023 5:56 am 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.

GMJS-CEO wrote: ↑Wed Apr 05, 2023 5:56 am 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.