Ivanka Trump Implicated in NY Times Published Tax Scandal

[JollyGood]

Guardian: https://www.theguardian.com/us-news/2020/oct/02/ivanka-trump-donald-trump-tax-affairs


Rick Wilson, co-founder of the Lincoln Project, a group led by anti-Trump Republican consultants, dismissed the idea of Ivanka running for president in 2024 or beyond. “She and her bizarre android husband are planning great things for their future, but it doesn’t mean they’re gonna be viable in terms of winning and holding higher office,” he said.

Other commentators suggest that, while Ivanka will follow her father’s example by shrugging off this latest political controversy, the legal implications could be more damaging.

Michael D’Antonio, a political analyst and author of The Truth About Trump, said: “I think that she has ambition, period, so there’s no doubt that she imagines herself to be a prominent figure indefinitely. I don’t know Trumps believe that anything that comes out about them is significantly troublesome; they feel that they can talk their way out of anything where their base is concerned.

“But this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”


-----------------


The word going round in Washington seems that both Donald and Ivanka might be in trouble. It seems to be brewing....

By the way that bizarre android husband line mentioned above by Rick Wilson is just pure gold  

[Spendulus]

....
“...this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”[/color]
...
(big yawn)

This is over the border into the idiotic realm.

She apparently received “consulting fees” paid by the Trump Organization, helping reduce the Trump family’s tax bill, while she was simultaneously an employee of the organization.

Trump’s private records show that his company once paid $747,622 in fees

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

These people are all in the highest tax bracket, so there would be no net gain in moving money from one to the other.

[TwitchySeal]

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

Yeah, in this case there is. If there were nothing wrong with it then there would be no reason for any company to pay any taxes ever.

You're only saying that because it was Trump who did it.

....
“...this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”[/color]
...
(big yawn)

This is over the border into the idiotic realm.

She apparently received “consulting fees” paid by the Trump Organization, helping reduce the Trump family’s tax bill, while she was simultaneously an employee of the organization.

Trump’s private records show that his company once paid $747,622 in fees

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

These people are all in the highest tax bracket, so there would be no net gain in moving money from one to the other.

The fact that they make more than ~$550k/year (which puts them in the highest tax bracket) doesn't mean the tax laws don't apply to them.  What a silly idea.

[Spendulus]

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

Yeah, in this case there is. If there were nothing wrong with it then there would be no reason for any company to pay any taxes ever.

You're only saying that because it was Trump who did it.

....
“...this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”[/color]
...
(big yawn)

This is over the border into the idiotic realm.

She apparently received “consulting fees” paid by the Trump Organization, helping reduce the Trump family’s tax bill, while she was simultaneously an employee of the organization.

Trump’s private records show that his company once paid $747,622 in fees

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

These people are all in the highest tax bracket, so there would be no net gain in moving money from one to the other.

The fact that they make more than ~$550k/year (which puts them in the highest tax bracket) doesn't mean the tax laws don't apply to them.  What a silly idea.

I did not say that. But another aspect of this is inconsistent with the narrative, and you might just find it amusing.

Trump, paying 750$ only, gives Ivanka a consulting job and she gets 3/4 a million, and almost certainly pays tax on it. (Unless she has some partial ownership of the hotel empire, that's where the big tax deductions from depreciation and section 179 come which can easily shelter high income....but I have never heard that to be so.)

So tax is paid... that's the way the system works...

[Spendulus]

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

Yeah, in this case there is. If there were nothing wrong with it then there would be no reason for any company to pay any taxes ever.

You're only saying that because it was Trump who did it....

Would you please look up some facts before posting obligatory left think?

The corporate tax rate is way, WAY lower than the personal tax rate, so the US gets more income from taxing Ivanka than the corporate entity.

[TwitchySeal]

There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.

Yeah, in this case there is. If there were nothing wrong with it then there would be no reason for any company to pay any taxes ever.

You're only saying that because it was Trump who did it....

Would you please look up some facts before posting obligatory left think?

The corporate tax rate is way, WAY lower than the personal tax rate, so the US gets more income from taxing Ivanka than the corporate entity.

The payment went to a company owned by Ivanka dummy.

Read the NY Times report so you don't need to invent things in your head that don't make sense in the real world anymore.

[JollyGood]

~snip~

The fact that they make more than ~$550k/year (which puts them in the highest tax bracket) doesn't mean the tax laws don't apply to them.  What a silly idea.

It just goes to show even an alleged billionaire tries his best to avoid paying taxes which would otherwise help the very country which he was then not President of. How could Ivanka be listed as an employee with a salary then also be paid a sum of $750,000 for no reason other than to avoid paying taxes? This is completely undignified conduct by both of them.

[Juggy777]

Guardian: https://www.theguardian.com/us-news/2020/oct/02/ivanka-trump-donald-trump-tax-affairs


Rick Wilson, co-founder of the Lincoln Project, a group led by anti-Trump Republican consultants, dismissed the idea of Ivanka running for president in 2024 or beyond. “She and her bizarre android husband are planning great things for their future, but it doesn’t mean they’re gonna be viable in terms of winning and holding higher office,” he said.

Other commentators suggest that, while Ivanka will follow her father’s example by shrugging off this latest political controversy, the legal implications could be more damaging.

Michael D’Antonio, a political analyst and author of The Truth About Trump, said: “I think that she has ambition, period, so there’s no doubt that she imagines herself to be a prominent figure indefinitely. I don’t know Trumps believe that anything that comes out about them is significantly troublesome; they feel that they can talk their way out of anything where their base is concerned.

“But this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”


-----------------


The word going round in Washington seems that both Donald and Ivanka might be in trouble. It seems to be brewing....

By the way that bizarre android husband line mentioned above by Rick Wilson is just pure gold  

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. Also I’ll second that line Android husband is actually good, but coming back to the topic now Trumps will claim that it’s a witch-hunt against them, and they’ll escape like they usually don’t you’ll think so?.

Eg: https://www.theguardian.com/world/2020/apr/02/trump-coronavirus-briefing-jared-kushner-witch-hunt something like this is going to come soon.

[TwitchySeal]

Guardian: https://www.theguardian.com/us-news/2020/oct/02/ivanka-trump-donald-trump-tax-affairs


Rick Wilson, co-founder of the Lincoln Project, a group led by anti-Trump Republican consultants, dismissed the idea of Ivanka running for president in 2024 or beyond. “She and her bizarre android husband are planning great things for their future, but it doesn’t mean they’re gonna be viable in terms of winning and holding higher office,” he said.

Other commentators suggest that, while Ivanka will follow her father’s example by shrugging off this latest political controversy, the legal implications could be more damaging.

Michael D’Antonio, a political analyst and author of The Truth About Trump, said: “I think that she has ambition, period, so there’s no doubt that she imagines herself to be a prominent figure indefinitely. I don’t know Trumps believe that anything that comes out about them is significantly troublesome; they feel that they can talk their way out of anything where their base is concerned.

“But this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”


-----------------


The word going round in Washington seems that both Donald and Ivanka might be in trouble. It seems to be brewing....

By the way that bizarre android husband line mentioned above by Rick Wilson is just pure gold  

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. Also I’ll second that line Android husband is actually good, but coming back to the topic now Trumps will claim that it’s a witch-hunt against them, and they’ll escape like they usually don’t you’ll think so?.

Eg: https://www.theguardian.com/world/2020/apr/02/trump-coronavirus-briefing-jared-kushner-witch-hunt something like this is going to come soon.

Such news has been coming out pretty steadily since Trump was elected.  The reason is he is the president.

In 2018 the NY Times won a Pulitzer for their massive report (basically a book) on how the Trump family fraudulently avoided tens of millions in taxes when, and how after receiving a massive salary from the age of two years old, Donald Trump basically just helped himself to his fathers fortune and proceeded to lose more money than any other American during the 80s.

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html

[squatz1]

Even disregarding whatever tax scheme was happening here (if there was one) I truly don't think that the rest of the Trumps are going to have a career in politics. Some people may joke about how there is going to be a Trump dynasty for the next 10 years or whatever, but no.

I don't think the rest of the Trumps have it in them to be as likable as Donald Trump is for one of the parties. Plus they're got all the power and access for these 4 years (maybe another 4) highly doubt it's really needed to go for another 4.

Don't know why that'll be the case, but I just see them going back into real estate stuff and other ventures - nothing else IMO.

[JollyGood]

I understand what you mean but even if the timing of these informations being released by the media bit by bit is questionable, the fact remains the incidents did take place and nothing can negate that. Even if there is a conspiracy theory which relates to these stories being released in the run up to the election to cause maximum damage to the incumbent they deserve for their taxation details to be scrutinised by citizens so the average general voter can decide on whether candidates are worthy of their votes.

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. Also I’ll second that line Android husband is actually good, but coming back to the topic now Trumps will claim that it’s a witch-hunt against them, and they’ll escape like they usually don’t you’ll think so?.

Eg: https://www.theguardian.com/world/2020/apr/02/trump-coronavirus-briefing-jared-kushner-witch-hunt something like this is going to come soon.

[Spendulus]

I understand what you mean but even if the timing of these informations being released by the media bit by bit is questionable, the fact remains the incidents did take place.....

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. ...

Perhaps you should propose a new law, that capitalists cannot run for the job of POTUS?

[TwitchySeal]

I understand what you mean but even if the timing of these informations being released by the media bit by bit is questionable, the fact remains the incidents did take place.....

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. ...

Perhaps you should propose a new law, that capitalists cannot run for the job of POTUS?

I'd be fine with a law that requires a full, public financial disclosure in order to be considered for POTUS.

All the evidence pointing to Trump being a criminal is not that big of a deal when you consider we don't know who owns his debt worth hundreds of millions (which he may not be able to repay) that will be due about 4 years from now.  It could very easily be Turkey, Saudi Arabia, Russia or some other foreign actor - and he's already proven he sees nothing wrong with abusing his power as president for personal gain.  

[squatz1]

I understand what you mean but even if the timing of these informations being released by the media bit by bit is questionable, the fact remains the incidents did take place and nothing can negate that. Even if there is a conspiracy theory which relates to these stories being released in the run up to the election to cause maximum damage to the incumbent they deserve for their taxation details to be scrutinised by citizens so the average general voter can decide on whether candidates are worthy of their votes.

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. Also I’ll second that line Android husband is actually good, but coming back to the topic now Trumps will claim that it’s a witch-hunt against them, and they’ll escape like they usually don’t you’ll think so?.

Eg: https://www.theguardian.com/world/2020/apr/02/trump-coronavirus-briefing-jared-kushner-witch-hunt something like this is going to come soon.

I mean obviously these things are coming out in October.

By the way people, this whole Ivanka Trump SCANDAL is the same one that the NYTIMES released relating to Trump, nothing new is there. This post in particular is just talking about how the Trump scandal (the one where he only paid $750 in taxes) relates to his children, who are receiving consulting fees for (maybe nothing) some reason.

[Spendulus]

....
Perhaps you should propose a new law, that capitalists cannot run for the job of POTUS?

I'd be fine with a law that requires a full, public financial disclosure in order to be considered for POTUS.

All the evidence pointing to Trump being a criminal...

we don't know who owns his debt...

It could very easily be ....

 - and he's already proven he sees nothing wrong with abusing his power...

Okay, nice that you get to vent a bit I guess.

But what I'm seeing is lots of Trump signs, and where there's a Demo sign in a yard? 4/5 times it's some local or state candidate. The 5th time it's a Biden/C sign.

Why would that be, do you think? You're a Sanders advocate, Biden can't be that interesting to you. You weren't a Sanders advocate from Trump hate, I'm sure.

[TwitchySeal]

But what I'm seeing is lots of Trump signs, and where there's a Demo sign in a yard? 4/5 times it's some local or state candidate. The 5th time it's a Biden/C sign.

Why would that be, do you think?

You mean like yard signs and Trump flags?  That means there are a lot of Trump supporters in the area that want other people to know who they support.

You're a Sanders advocate, Biden can't be that interesting to you. You weren't a Sanders advocate from Trump hate, I'm sure.

I'm not a Bernie bro, I just have TDS.  If it were up to me I would've gone with Buttigieg.  

[Spendulus]

But what I'm seeing is lots of Trump signs, and where there's a Demo sign in a yard? 4/5 times it's some local or state candidate. The 5th time it's a Biden/C sign.

Why would that be, do you think?

You mean like yard signs and Trump flags?  That means there are a lot of Trump supporters in the area that want other people to know who they support.

You're a Sanders advocate, Biden can't be that interesting to you. You weren't a Sanders advocate from Trump hate, I'm sure.

I'm not a Bernie bro, I just have TDS.  If it were up to me I would've gone with Buttigieg.  

Buttigieg was about the only sane voice in that primary. I didn't study him in depth, knowing he'd be kicked out early. So I don't even know his inclinations re issues, just my impression from watching a couple of those stupid debates.

No, I wasn't referring to the Trump signs, but the Demo ones. It's curious that there are a lot for local and state candidates, but not very many at all for Biden.

RE TDS Trump's never been the "likable" candidate. In the business world that's the way it is, but in politics there's a lot of pretty faces and resonating, captivating voices. Often completely empty upstairs behind the voice and face.

[Gyfts]

If Trump's taxes are under audit, wouldn't Ivanka Trump receiving a consulting fee from a company that she is an employee of turn up (if it's even against the law)?

All this tax loophole bullshit just outlines the case for a flat tax. Billionaires will pay the best accountants and tax attorney's in the world to take advantage of all the loopholes while some waiter is stuck paying 20 percent of their paycheck away.

[Spendulus]

If Trump's taxes are under audit, wouldn't Ivanka Trump receiving a consulting fee from a company that she is an employee of turn up (if it's even against the law)?

Yes, that's quite obvious, and she would likely be paying tax on the consulting fee. It's laughable to suggest such a thing is somehow illegal.

All this tax loophole bullshit just outlines the case for a flat tax. Billionaires will pay the best accountants and tax attorney's in the world to take advantage of all the loopholes while some waiter is stuck paying 20 percent of their paycheck away.

Be that as it may, the little guy has the best deal ever under the recent Trump tax reforms.

[JollyGood]

When it becomes known who Trump is in personal debt to the tune of $400 million, a connection will be made between him and his creditors to some action he took which might have benefited his benefactors. The whole thing looks like it will be published before the election.

Anyway, what would happen to the Trump family if Trump dies before repaying his debt? His kids would inherit nothing because everything would be sold off to pay his debts and we all know he is not worth anywhere near what he claims.

I understand what you mean but even if the timing of these informations being released by the media bit by bit is questionable, the fact remains the incidents did take place.....

@JollyGood whether Ivanka is guilty or not, how come such news comes out only during the election year, and most notably just a month before the elections are supposed to take place. ...

Perhaps you should propose a new law, that capitalists cannot run for the job of POTUS?

I'd be fine with a law that requires a full, public financial disclosure in order to be considered for POTUS.

All the evidence pointing to Trump being a criminal is not that big of a deal when you consider we don't know who owns his debt worth hundreds of millions (which he may not be able to repay) that will be due about 4 years from now.  It could very easily be Turkey, Saudi Arabia, Russia or some other foreign actor - and he's already proven he sees nothing wrong with abusing his power as president for personal gain.