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Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
New York Times ^ | October 2, 2018 | David Barstow, SSusanne Craig, and Russ Buettner

Posted on 10/02/2018 12:41:13 PM PDT by Reno89519

President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.

Snippets: "The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children." and "President Trump had virtually no involvement whatsoever with these matters".

Robert Trump, the president's brother: "Our dear father, Fred C. Trump, passed away in June 1999. Our beloved mother, Mary Anne Trump, passed away in August 2000. All appropriate gift and estate tax returns were filed, and the required taxes were paid. Our father’s estate was closed in 2001 by both the Internal Revenue Service and the New York State tax authorities, and our mother’s estate was closed in 2004. Our family has no other comment on these matters that happened some 20 years ago, and would appreciate your respecting the privacy of our deceased parents, may God rest their souls."

(Excerpt) Read more at nytimes.com ...


TOPICS: Breaking News; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: bias; braking; donaldtrump; fredtrump; marytrump; mediabias; schemes; taxes; trump
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To: Reno89519

Now that these investigative reporters are finished with this one they can find Obama’s birth certificate, why he had a foreign student ID in college, and why one can enter Congress with a modest income on retire as multi-millionaires.


61 posted on 10/02/2018 1:04:32 PM PDT by From The Deer Stand
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To: Reno89519
...including instances of outright fraud...

Name them.

I'll wait.

Waiting...

62 posted on 10/02/2018 1:05:32 PM PDT by Alas Babylon! (Vote GOP this November. Take two friends to vote with you!)
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To: Reno89519
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father

"Suspect."

In other words, perfectly legal.

63 posted on 10/02/2018 1:05:42 PM PDT by M. Thatcher
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To: Reno89519

“Tax scheme” probably means its legal.

Meanwhile, the NYT supports labeling local taxes as charitable contributions so they don’t get taxed. Talk about a tax scheme.


64 posted on 10/02/2018 1:06:56 PM PDT by Trumpisourlastchance
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To: Reno89519

What law was broken? None? Then STFU.


65 posted on 10/02/2018 1:07:14 PM PDT by Salvavida
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To: Reno89519
I suspect that all of that ( if it's even true/factual ) was put in trust band he never saw a penny of it, at those ages.

The SLIMES now need to investigate the Clintons, the Obamas, the Kennedys, Bezos, et al!

66 posted on 10/02/2018 1:08:28 PM PDT by nopardons
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To: Reno89519

I can’t wait to see NBC’s Katy Tur’s objective take on this since she exonerated Sen. Blumenthal from frequently lying about his Vietnam combat service yesterday. BTW, one of the funnier YouTube videos presents a debate between Ben Shapiro and six others on transgenderism. Of course, it is stacked 6-1 and Ben ain’t in the six. He is seated on stage next to Zoey Tur, formerly Bob Tur and once Katy Tur’s father, now sort of mother. Zoey Tur still looks primarily male, Ben notes this and Zoey loudly threatens him to shut his mouth or “you’re going home in an ambulance”.


67 posted on 10/02/2018 1:10:49 PM PDT by laconic
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To: Reno89519

I am sure that at some point during his long New York City real estate career, Trump did something illegal, evaded taxes and hung around with unsavory people. But I knew all that when I voted for him. He has been a known commodity for decades. This article probably exaggerates something that Trump’s family did that was close to the line of legality or perhaps illegal. But even if its true, there is nothing new in this article that we haven’t known for years. Next the NYT will have a breathtaking expose of Trump’s ties to the New York Mafia. And I won’t care about that either.


68 posted on 10/02/2018 1:11:50 PM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: JBW1949

That will be Mueller’s next job after the Russia hoax fails.


69 posted on 10/02/2018 1:18:57 PM PDT by Phillyred
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To: Opinionated Blowhard

Yes, always can find something but overall just a new shiny object for th media to chase since Mueller’s investigation is failing, the Kavanaugh smear is failing, and Democrats are realizing their hyped Blue Wave is petering out.


70 posted on 10/02/2018 1:21:44 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
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To: BenLurkin

Let me understand this, the IRS under Obama never said one word (or their media ‘friends’) when Trump was running against Hillary. But Obama used Five Eyes to illegally spy on Trump. Does this make any sense that Obama / Hillary / Deep State never used the alleged tax issue, they did everything in their power to stop Trump!


71 posted on 10/02/2018 1:21:58 PM PDT by Lockbox
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To: A_Former_Democrat

If these three dweebs knew anything significant about income, gift and estate taxes they’d be making 5X - 10X their current salaries as Tax CPAs, wouldn’t they?


72 posted on 10/02/2018 1:22:48 PM PDT by FreedomPoster (Islam delenda est)
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To: M. Thatcher

And was. Trump aware of this when he was three years old?!


73 posted on 10/02/2018 1:22:58 PM PDT by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
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To: Reno89519

             

74 posted on 10/02/2018 1:23:21 PM PDT by tomkat
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To: Reno89519
This sounds like normal course estate planning to me, including generational bypass trusts, etc.

Let's get everyone in a few stadiums that participated in this kind of "questionable scheme" and see how much of the top 0.1% we net. Guaranteed 100% of them as there was nothing illegal going on except good tax advising.

Next?

75 posted on 10/02/2018 1:26:14 PM PDT by Religion and Politics (It is time for more than one denomination of "Political Correctness".)
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To: Reno89519

I guess character assassination isnt helping democrats in the midterms. So it’s back to Trump attacks and class warfare.


76 posted on 10/02/2018 1:26:26 PM PDT by DannyTN
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To: Reno89519

And surprise surprise, no comment section.


77 posted on 10/02/2018 1:28:50 PM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: BenLurkin
FTA:

"President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found."

George Bush was elected in November of 2000 and inaugurated in 2001, meaning the rumps were audited during all the crucial time by the Carter IRS. New York state was run by Democrats all that time. If there was something wrong they'd have caught it.

78 posted on 10/02/2018 1:29:51 PM PDT by libstripper
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To: Reno89519

Certainly sounds like Mueller leaked the tax records to the NYT.


79 posted on 10/02/2018 1:30:53 PM PDT by Williams (Stop tolerating the intolerant.)
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To: just me

“If the IRS had something on President Trump he wouldn’t be president right now.”

So right. He got on Obola’s radar in 2012 with the birth certificate dispute. The Obola IRS would have nailed him if they had anything;.


80 posted on 10/02/2018 1:32:59 PM PDT by libstripper
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