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2020 Democratic Presidential Candidates
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(03-18-2019, 03:43 PM)StroudCrowd1 Wrote:(03-17-2019, 02:27 PM)mikesez Wrote: Yeah no.Still waiting for your Politico article about Don Sr. laundering hundreds of millions through his son. Send me a PM when you find it. The Trumps created a company that siphoned cash from the empire The first major component was creating a company called All County Building Supply & Maintenance. On paper, All County was Fred Trump’s purchasing agent, buying everything from boilers to cleaning supplies. But All County was, in fact, a company only on paper, records and interviews show — a vehicle to siphon cash from Fred Trump’s empire by simply marking up purchases already made by his employees. Those millions in markups, effectively untaxed gifts, then flowed to All County’s owners — Donald Trump, his siblings and a cousin. Lee-Ford Tritt, a leading expert in gift and estate tax law at the University of Florida, said the Trumps’ use of All County was “highly suspicious” and could constitute criminal tax fraud. “It certainly looks like a disguised gift,” he said. All County also had an insidious downside for Fred Trump’s tenants. He used the padded invoices to justify higher rent increases in rent-regulated buildings, records show. Mr. Harder, the president’s lawyer, disputed The Times’s reporting: “Should The Times state or imply that President Trump participated in fraud, tax evasion or any other crime, it will be exposing itself to substantial liability and damages for defamation.” https://www.nytimes.com/2018/10/02/us/po...trump.html
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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