IRS Audit of Trump Could Cost Former President More Than $100 Million
IRS Audit of Trump Could Cost Former President More Than $100 Million
The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed Chicago tower.
“Cost” him? No, ProPublica, it’s not his. He’s illegally hoarding money due to the rest of us. He shouldn’t have it to begin with.
“Cost” him. Sheesh.
The faster everyone adopts this mindset the faster we can get to making the world a better place instead of a more profitable one.
He'll just pay it off with all the money he made from his stock scam. When that finally catches up to him, he'll pay that off with the next one.
He’s still got 4 1/2 months before he can sell any shares. That stock has been pretty inconsistent, and is completely unrepresentative of the social media company’s value. Who knows what he’ll actually have by then.
Putin will take care of him.
"Cost" implies that it is money he didn't already owe. "IRS Audit of Trump Finds Former President Underpaid his Taxes by $100m" is a lot more accurate and frames the result correctly. He cheated the IRS and they want their money.
*He cheated us and we want our money.
In his defense, ... he doesn't know how to do anything in a legal manner.
If I owed the irs 100mil, they’d put me in jail.
No, no - if you owed 100 million, you're probably getting some agreement for a lesser amount - those lawyers will figure it out.
If you owed under 100 thousand, you're getting your wages garnished.
If you owe somebody $1000, it's your problem. If you owe somebody $100,000,000, it's their problem.
It will take yet more lawsuits, more appeals, more delays, etc, to collect that $100 million, of ever it's collected.
Well he put his net worth and value on the record. He also did so with the IRS. And now it is a legal fact that he lied about the valuation, the IRS will have some questions.
Well, now that the audit’s over, there’s no reason he can’t share his tax fillings with the voters, right? (Such bogus excuse to begin with, the IRS already had the fillings, releasing them publicly wouldn’t have changed anything.)
If I owed that much…. I’d already be in jail.
He’ll just ask the Supreme Court to add Tax Evasion to the laws the President doesn’t need to follow. And when that drags on, he will publicly threaten IRS agents by name.
The audit that's been happening for more than 8 years? At this point he'll die before it ever gets resolved
With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of “worthless,” because his debt on the project meant he would never see a profit.
Well, it did have his name all over it.
If 90 felony charges pose no punishment to him then why would an audit?
How many times are we gonna hear "surely this time he will encounter consequences"?
That makes him smart... I think?
No worries, he'll just pay the bill with NFTs