robosmith Posted May 11, 2024 Report Posted May 11, 2024 Trump's tax cheats on Chicago tower may cost him $100 million Quote Trump, who dodged taxes for a decade, double-dipped while claiming losses on his Chicago tower Donald Trump double-dipped on tax breaks stemming from losses on his Chicago skyscraper, an ill-conceived move now sending him further into the hole. Per ProPublica and New York Times reporting on an Internal Revenue Service inquiry, Trump International Hotel and Tower, completed in 2009, opened amidst economic downturn and led to massive losses for Trump. But he engaged in accounting maneuvers to effectively double the tax benefits stemming from those losses, the report says. Trump allegedly wrote off the losses once, then transferred the building’s holding company into a new entity, declaring $168 million more in losses through the new company. The move sparked IRS interest, with a legal probe into the move beginning during his presidency. Per ProPublica and the New York Times, Trump could owe more than $100 million to the IRS for the evasive move, though they note that IRS actions in investigating and collecting on the sum have been unclear since 2022. Par for Trump's course..... 🤮 Trump has been a financial fraud for decades The Hill https://thehill.com · 4 months ago ... tax evasion in addition to the gift tax scheme. While reaping the proceeds of tax fraud, Trump raised funds through highly questionable sources. Quote
Legato Posted May 11, 2024 Report Posted May 11, 2024 Par is a good score on any golf course. Biden couldn't get past the first hole on a mini-put. Quote
robosmith Posted May 11, 2024 Author Report Posted May 11, 2024 30 minutes ago, Legato said: Par is a good score on any golf course. Biden couldn't get past the first hole on a mini-put. Trump is FAMOUS for cheating at golf. How Donald Trump Cheats at Golf, According to a ... People https://people.com · 1 month ago Sportswriter Rick Reilly broke down Donald Trump's golf game during an interview with Nicolle Wallace, alleging that he's known to cheat his ... Missing: famous | Show results with: famous Trump, Notorious Golf Cheat, Claims He Beat Phil ... Rolling Stone https://www.rollingstone.com · 8 months ago Donald Trump said he scored a 67 at his Bedminster course, eight strokes less than pro Phil Mickelson shot two weeks earlier at the same ... Missing: famous | Show results with: famous A look at Trump's long history of cheating at golf The Palm Beach Post https://www.palmbeachpost.com · 1 year ago 'Trump doesn't just cheat at golf,' Rick Reilly wrote in a tell-all book. 'He throws it, boots it, and moves it. He lies about his lies.' Commander in Cheat: How Golf Explains Trump ... Amazon.com https://www.amazon.com › Commander-Cheat-Golf-Ex... This book reveals that Donald Trump only respects himself and he lies and cheats at every opportunity. He is a pitiful individual who only has regard for ... Rating: 4.6 · 4,661 reviews · $16.90 · 30-day returns Quote
CdnFox Posted May 12, 2024 Report Posted May 12, 2024 So in other words he may have to pay the money that he would have had to pay had he done it correctly the first time Oh noes! And they're just noticing this now 14 years later? And just as an election is coming up - What a Cowinkydink completely unrelated I'm sure Quote "That which doesn't kill me... Had better start running."
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