This is done by people who are all democrats. This stinks.
Jan 13, 2023 12:38:12 #
scooter1
Loc: Yacolt, Wa.
AP Photo/John Minchillo
NEW YORK (AP) — Donald Trump’s company was fined $1.6 million Friday for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets.
A fine was the only penalty a judge could impose on the Trump Organization after its conviction last month for 17 tax crimes, including conspiracy and falsifying business records. The amount was the maximum allowed by law. Judge Juan Manuel Merchan gave the company 14 days to pay. A person convicted of the same crimes would've faced years in prison.
Trump himself was not on trial and denied any knowledge that a small group of executives were evading taxes on extras including rent-free apartments, luxury cars and private school tuition. Prosecutors said such items were part of what they dubbed the Trump Organization’s “deluxe executive compensation package."
The company denied wrongdoing and said it would appeal.
“These politically motivated prosecutors will stop at nothing to get President Trump and continue the never ending witch-hunt which began the day he announced his presidency,” the company said in a statement after the fine was announced.
Neither the former president nor his children, who helped run the Trump Organization, were in the courtroom.
While the fines — less than the cost of a Trump Tower apartment — aren't big enough to impact the company’s operations or future, the conviction is a black mark on the Republican’s reputation as a savvy businessman as he mounts a campaign to regain the White House.
Outside the courtroom, Manhattan District Attorney Alvin Bragg, a Democrat, said he wished the law had allowed for a more serious penalty.
“I want to be very clear: we don’t think that is enough,” he said. “Our laws in this state need to change in order to capture this type of decade-plus systemic and egregious fraud.”
Besides the company, only one executive was charged in the case: former Trump Organization Chief Financial Officer Allen Weisselberg, who pleaded guilty last summer to evading taxes on $1.7 million in compensation. He was sentenced Tuesday to five months in jail.
The criminal case involved financial practices and pay arrangements that the company halted when Trump was elected president in 2016.
Over his years as the company's chief moneyman, Weisselberg received a rent-free apartment in a Trump-branded building in Manhattan with a view of the Hudson River. He and his wife drove Mercedes-Benz cars, leased by company. When his grandchildren went to an exclusive private school, Trump paid their tuition. A handful of other executives received similar perks.
When called to testify against the Trump Organization at trial, Weisselberg said that he didn't pay taxes on that compensation, and that he and a company vice president conspired to hide the perks by having the company issue falsified W-2 forms.
Assistant District Attorney Joshua Steinglass told jurors Trump had a role, showing them a lease that the Republican signed himself for Weisselberg’s apartment.
“Mr. Trump is explicitly sanctioning tax fraud,” Steinglass argued.
Weisselberg also attempted to take responsibility on the witness stand, saying nobody in the Trump family knew what he was doing. He choked up as he told jurors, “It was my own personal greed that led to this.”
At the trial, Trump Organization lawyers repeated the mantra, “Weisselberg did it for Weisselberg." In its statement Friday, the company took a different tone.
“Allen Weisselberg is a victim,” it said. “He was threatened, intimidated and terrorized. He was given a choice of pleading guilty and serving 90 days in prison or serving the rest of his life in jail -- all of this over a corporate car and standard employee benefits.”
A jury convicted the company of tax fraud on Dec. 6.
The Trump Organization was charged through two corporate entities: The Trump Corporation, which was fined $810,000; and Trump Payroll Corporation, which was fined $800,000.
Those fines “constitute a fraction of the revenue" generated by Trump’s real estate empire, Steinglass said in court. It could face more trouble outside of court from reputational damage, such as difficulty finding new deals and business partners.
“We all know that these corporations won’t go to jail, as Allen Weisselberg has," Steinglass said. “The only way to deter such conduct is to make it as expensive as possible."
The Trump Organization’s sentencing doesn't end Trump’s battle with Bragg, who said the sentencing “closes this important chapter of our ongoing investigation into the former president and his businesses. We now move onto the next chapter.”
Bragg, in office for little more than a year, inherited the Trump Organization case and the investigation into the former president from his predecessor, Cyrus Vance Jr.
At the same time, New York Attorney General Letitia James is suing Trump and the Trump Organization, alleging they misled banks and others about the value of its many assets, including golf courses and skyscrapers — a practice she dubbed the “art of the steal.”
James, a Democrat, is asking a court to ban Trump and his three eldest children from running any New York-based company and is seeking to fine them at least $250 million. A judge has set an October trial date and appointed a monitor for the company while the case is pending.
Trump faces several other legal challenges as he ramps up his p**********l campaign.
A special grand jury in Atlanta has investigated whether Trump and his allies committed any crimes while trying to overturn his 2020 e******n loss in Georgia.
Last month, the House J*** 6 c*******e v**ed to make a criminal referral to the Justice Department for Trump’s role in sparking the violent i**********n at the U.S. Capitol. The FBI is also investigating Trump’s storage of classified documents.
___
NEW YORK (AP) — Donald Trump’s company was fined $1.6 million Friday for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets.
A fine was the only penalty a judge could impose on the Trump Organization after its conviction last month for 17 tax crimes, including conspiracy and falsifying business records. The amount was the maximum allowed by law. Judge Juan Manuel Merchan gave the company 14 days to pay. A person convicted of the same crimes would've faced years in prison.
Trump himself was not on trial and denied any knowledge that a small group of executives were evading taxes on extras including rent-free apartments, luxury cars and private school tuition. Prosecutors said such items were part of what they dubbed the Trump Organization’s “deluxe executive compensation package."
The company denied wrongdoing and said it would appeal.
“These politically motivated prosecutors will stop at nothing to get President Trump and continue the never ending witch-hunt which began the day he announced his presidency,” the company said in a statement after the fine was announced.
Neither the former president nor his children, who helped run the Trump Organization, were in the courtroom.
While the fines — less than the cost of a Trump Tower apartment — aren't big enough to impact the company’s operations or future, the conviction is a black mark on the Republican’s reputation as a savvy businessman as he mounts a campaign to regain the White House.
Outside the courtroom, Manhattan District Attorney Alvin Bragg, a Democrat, said he wished the law had allowed for a more serious penalty.
“I want to be very clear: we don’t think that is enough,” he said. “Our laws in this state need to change in order to capture this type of decade-plus systemic and egregious fraud.”
Besides the company, only one executive was charged in the case: former Trump Organization Chief Financial Officer Allen Weisselberg, who pleaded guilty last summer to evading taxes on $1.7 million in compensation. He was sentenced Tuesday to five months in jail.
The criminal case involved financial practices and pay arrangements that the company halted when Trump was elected president in 2016.
Over his years as the company's chief moneyman, Weisselberg received a rent-free apartment in a Trump-branded building in Manhattan with a view of the Hudson River. He and his wife drove Mercedes-Benz cars, leased by company. When his grandchildren went to an exclusive private school, Trump paid their tuition. A handful of other executives received similar perks.
When called to testify against the Trump Organization at trial, Weisselberg said that he didn't pay taxes on that compensation, and that he and a company vice president conspired to hide the perks by having the company issue falsified W-2 forms.
Assistant District Attorney Joshua Steinglass told jurors Trump had a role, showing them a lease that the Republican signed himself for Weisselberg’s apartment.
“Mr. Trump is explicitly sanctioning tax fraud,” Steinglass argued.
Weisselberg also attempted to take responsibility on the witness stand, saying nobody in the Trump family knew what he was doing. He choked up as he told jurors, “It was my own personal greed that led to this.”
At the trial, Trump Organization lawyers repeated the mantra, “Weisselberg did it for Weisselberg." In its statement Friday, the company took a different tone.
“Allen Weisselberg is a victim,” it said. “He was threatened, intimidated and terrorized. He was given a choice of pleading guilty and serving 90 days in prison or serving the rest of his life in jail -- all of this over a corporate car and standard employee benefits.”
A jury convicted the company of tax fraud on Dec. 6.
The Trump Organization was charged through two corporate entities: The Trump Corporation, which was fined $810,000; and Trump Payroll Corporation, which was fined $800,000.
Those fines “constitute a fraction of the revenue" generated by Trump’s real estate empire, Steinglass said in court. It could face more trouble outside of court from reputational damage, such as difficulty finding new deals and business partners.
“We all know that these corporations won’t go to jail, as Allen Weisselberg has," Steinglass said. “The only way to deter such conduct is to make it as expensive as possible."
The Trump Organization’s sentencing doesn't end Trump’s battle with Bragg, who said the sentencing “closes this important chapter of our ongoing investigation into the former president and his businesses. We now move onto the next chapter.”
Bragg, in office for little more than a year, inherited the Trump Organization case and the investigation into the former president from his predecessor, Cyrus Vance Jr.
At the same time, New York Attorney General Letitia James is suing Trump and the Trump Organization, alleging they misled banks and others about the value of its many assets, including golf courses and skyscrapers — a practice she dubbed the “art of the steal.”
James, a Democrat, is asking a court to ban Trump and his three eldest children from running any New York-based company and is seeking to fine them at least $250 million. A judge has set an October trial date and appointed a monitor for the company while the case is pending.
Trump faces several other legal challenges as he ramps up his p**********l campaign.
A special grand jury in Atlanta has investigated whether Trump and his allies committed any crimes while trying to overturn his 2020 e******n loss in Georgia.
Last month, the House J*** 6 c*******e v**ed to make a criminal referral to the Justice Department for Trump’s role in sparking the violent i**********n at the U.S. Capitol. The FBI is also investigating Trump’s storage of classified documents.
___
Jan 13, 2023 12:42:42 #
scooter1 wrote:
AP Photo/John Minchillo br NEW YORK (AP) — Donald ... (show quote)
Do the crime - jury decides guilt/innocence - sentence proclaimed -- pay the fine (the maximum!). That's our justice system we all defend in action.
Jan 13, 2023 12:48:06 #
The thread title
“”” This is done by people who are all democrats. This stinks.
“””
Implied that you think because others break the law the trump empire is exempt!
“”” This is done by people who are all democrats. This stinks.
“””
Implied that you think because others break the law the trump empire is exempt!
Jan 13, 2023 13:19:04 #
Go get him! Don't stop! A stain on our f**g and those who died to protect it. PS: I may not always agree with R viewpoints but honor their right to express them.
Jan 13, 2023 13:21:03 #
scooter1
Loc: Yacolt, Wa.
DennyT wrote:
The thread title
“”” This is done by people who are all democrats. This stinks.
“””
Implied that you think because others break the law the trump empire is exempt!
“”” This is done by people who are all democrats. This stinks.
“””
Implied that you think because others break the law the trump empire is exempt!
No my intent is to show that it was just more political harassment by the left. If it was anything else all of this would include 'other than democrat' people going after him. If he's guilty as he was found then make him pay, which is what happened. Everyone going after him are democrats and the whole time he was in office the democrat politicians did everything they could to get him out. Everyone of these politicians have done what he is accused of and gotten rich off of it. When will they be held accountable? If he had never run for president none of this would have happened. This is just my opinion so tell me why I'm wrong. You saying what I'm implying is typical liberal b.s. I know you understand the english language. There is nothing in my statement that implies that he should skate.
Jan 13, 2023 13:25:48 #
scooter1
Loc: Yacolt, Wa.
nathanweddings wrote:
Go get him! Don't stop! A stain on our f**g and those who died to protect it. PS: I may not always agree with R viewpoints but honor their right to express them.
In other words hold him accountable but not the incredibly corrupt politicians, that put a s**t stain on our f**g, going after him.
Jan 14, 2023 11:49:29 #
Any thinking person knows what motivated the investigation and prosecution of Trump and his associates, as the government is awash with crony politicians that think only of power for themselves and their party.
Just like the Dem controlled congress expended an enormous amount of effort getting Trump's tax returns claiming they needed to investigate this or that when the real intention was to leak or publish to the press in a hope of damaging him politically.
Sad they ALL lie so consistently, you know what they say how do you know a politician is lying? His lips are moving!
Just like the Dem controlled congress expended an enormous amount of effort getting Trump's tax returns claiming they needed to investigate this or that when the real intention was to leak or publish to the press in a hope of damaging him politically.
Sad they ALL lie so consistently, you know what they say how do you know a politician is lying? His lips are moving!
Jan 14, 2023 13:58:47 #
scooter1
Loc: Yacolt, Wa.
Curtis_Lowe wrote:
Any thinking person knows what motivated the inves... (show quote)
Completely agree.
Jan 14, 2023 14:05:16 #
Jan 15, 2023 12:47:10 #
Triple G wrote:
Do the crime - jury decides guilt/innocence - sentence proclaimed -- pay the fine (the maximum!). That's our justice system we all defend in action.
Except if you are before a Wash. DC jury of liberal Democrats: Clinton lawyer Michael Sussmann lied to feds to smear Trump. Igor Danchenko spread the Russia-gate lies about Trump and lied to the FBI. Both skated free in our country's two-tiered justice system that places Democrats above the law and Conservatives below it.
Jan 15, 2023 13:32:26 #
Alafoto
Loc: Montgomery, AL
scooter1 wrote:
In other words hold him accountable but not the incredibly corrupt politicians, that put a s**t stain on our f**g, going after him.
Hold EVERYONE who commits an illegal act accountable! These people cannot amass the wealth they have and be stupid. They all knew there was a penalty for their behavior and took the risk.
Jan 15, 2023 13:46:12 #
Fotoartist wrote:
Except if you are before a Wash. DC jury of liberal Democrats: Clinton lawyer Michael Sussmann lied to feds to smear Trump. Igor Danchenko spread the Russia-gate lies about Trump and lied to the FBI. Both skated free in our country's two-tiered justice system that places Democrats above the law and Conservatives below it.
Durham's failures!
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