Admiral Beez
Superstar
Car ownership used to be a sign of wealth.
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Former President Donald Trump's United States of America
- Thread starter W. K. Lis
- Start date
Admiral Beez
Superstar
AOC is going to destabilize the Dems. Remember when Obama had both the house and senate in the first half of his first term. Nut bars in his own party blocked and disrupted his agenda, leading to a GOP capture of the house and then Obama was stuck for six years. AOC and the like will do the same if the Dems take the senate in January 2021.... two years of demanding socialism from the bleachers before the GOP retakes the senate in 2022.
AlbertC
Superstar
Trump tax writeoffs are ensnared in two New York fraud investigations
Nov 19, 2020
Two separate New York state fraud investigations into President Donald Trump and his businesses, one criminal and one civil, have expanded to include tax writeoffs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump, according to people with knowledge of the matter.
The inquiries — a criminal investigation by Manhattan District Attorney Cyrus R. Vance Jr., and a civil one by state Attorney General Letitia James — are being conducted independently. But both offices issued subpoenas to the Trump Organization in recent weeks for records related to the fees, the people said.
The subpoenas were the latest steps in the two investigations of the Trump Organization, and underscore the legal challenges awaiting the president when he leaves office in January. There is no indication that his daughter is a focus of either inquiry, which the Trump Organization has derided as politically motivated.
The development follows a recent New York Times examination of more than two decades of Donald Trump’s tax records, which found that he had paid little or no federal income taxes in most years, largely because of his chronic business losses.
Among the revelations was that Trump reduced his taxable income by deducting about $26 million in fees to unidentified consultants as a business expense on numerous projects between 2010 and 2018.
Some of those fees appear to have been paid to Ivanka Trump, The Times found. On a 2017 disclosure she filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totalling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia.
www.thestar.com
Nov 19, 2020
Two separate New York state fraud investigations into President Donald Trump and his businesses, one criminal and one civil, have expanded to include tax writeoffs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump, according to people with knowledge of the matter.
The inquiries — a criminal investigation by Manhattan District Attorney Cyrus R. Vance Jr., and a civil one by state Attorney General Letitia James — are being conducted independently. But both offices issued subpoenas to the Trump Organization in recent weeks for records related to the fees, the people said.
The subpoenas were the latest steps in the two investigations of the Trump Organization, and underscore the legal challenges awaiting the president when he leaves office in January. There is no indication that his daughter is a focus of either inquiry, which the Trump Organization has derided as politically motivated.
The development follows a recent New York Times examination of more than two decades of Donald Trump’s tax records, which found that he had paid little or no federal income taxes in most years, largely because of his chronic business losses.
Among the revelations was that Trump reduced his taxable income by deducting about $26 million in fees to unidentified consultants as a business expense on numerous projects between 2010 and 2018.
Some of those fees appear to have been paid to Ivanka Trump, The Times found. On a 2017 disclosure she filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totalling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia.
Trump tax writeoffs are ensnared in two New York fraud investigations
Two separate fraud investigations into Trump and his businesses have expanded to include tax writeoffs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump.
www.thestar.com
W. K. Lis
Superstar
Trump tax writeoffs are ensnared in two New York fraud investigations
Nov 19, 2020
Two separate New York state fraud investigations into President Donald Trump and his businesses, one criminal and one civil, have expanded to include tax writeoffs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump, according to people with knowledge of the matter.
The inquiries — a criminal investigation by Manhattan District Attorney Cyrus R. Vance Jr., and a civil one by state Attorney General Letitia James — are being conducted independently. But both offices issued subpoenas to the Trump Organization in recent weeks for records related to the fees, the people said.
The subpoenas were the latest steps in the two investigations of the Trump Organization, and underscore the legal challenges awaiting the president when he leaves office in January. There is no indication that his daughter is a focus of either inquiry, which the Trump Organization has derided as politically motivated.
The development follows a recent New York Times examination of more than two decades of Donald Trump’s tax records, which found that he had paid little or no federal income taxes in most years, largely because of his chronic business losses.
Among the revelations was that Trump reduced his taxable income by deducting about $26 million in fees to unidentified consultants as a business expense on numerous projects between 2010 and 2018.
Some of those fees appear to have been paid to Ivanka Trump, The Times found. On a 2017 disclosure she filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totalling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia.
Trump tax writeoffs are ensnared in two New York fraud investigations
Two separate fraud investigations into Trump and his businesses have expanded to include tax writeoffs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump.
Wonder if the payments to Trump's lawyers for the appeal of the election results (IE. Rudy Giuliani) are tax deductible? Depends who's paying for it, but also who gets the receipt.
Northern Light
Superstar
I had a tough time deciding to where to put this; as it doesn't merit its own thread.
After due consideration; I decided that there can be no more apt description of "The Trump Years" than Fox shows America; fleeing to Canada!
After due consideration; I decided that there can be no more apt description of "The Trump Years" than Fox shows America; fleeing to Canada!
Last edited:
Coolstar
Senior Member
Trump tweets Don Jr doing well after coronavirus infection
WASHINGTON (AP) — President Donald Trump said Saturday his eldest son, Donald Trump Jr., is doing “very well” in quarantine after becoming infected with the coronavirus. “My son Donald is doing very well.
apnews.com
Northern Light
Superstar
One may have to be forgiven for developing a cynical streak about politics.
In what one hopes, appear to be the dying days of the Trump Administration, it would appear as though a move had been made, by way of Executive Orders to lower the price Americans pay for prescription drugs (highest in the world along with Switzerland).
Orders issued, if enacted, would have the effect of lowering the cost the U.S. Medicare system pays for many drugs by fixing the cost to whatever the lowest any other country pays is; or what the Americans call 'most favoured nations' pricing.
This is necessary/useful in as much as Congress saw fit to pass a law many years ago banning Medicare from negotiating drug prices.
The other move, is one to ban kickbacks to pharmacies by drug companies; something we did here in Ontario a while ago.
If the savings from ending this way of doing business were passed through to drug consumers in the U.S. it could lower their costs by upwards of 30%.
www.cnn.com
****
Now, one could be rightly cynical about whether Trump or anyone in his administration treats this policy change seriously, given that they waited until the lame duck period of his 1st term to move on it.
But here's where the real cynicism kicks in...........
The Democrats are opposing the move..............which would objectively lower costs to U.S. consumers, and government, at the expense of drug companies. Don't get me wrong; I wouldn't blame them at all for not praising Trump; but the ideas
are actually solid; and very similar to how we manage drugs here.
When people assert that both U.S. parties are the same.................this is why; when push comes to shove, both act to stifle progressive change.
Are they the same? No; even if the only difference were rhetorical it would matter; and there are more tangible differences.
Still, this isn't helpful.
In what one hopes, appear to be the dying days of the Trump Administration, it would appear as though a move had been made, by way of Executive Orders to lower the price Americans pay for prescription drugs (highest in the world along with Switzerland).
Orders issued, if enacted, would have the effect of lowering the cost the U.S. Medicare system pays for many drugs by fixing the cost to whatever the lowest any other country pays is; or what the Americans call 'most favoured nations' pricing.
This is necessary/useful in as much as Congress saw fit to pass a law many years ago banning Medicare from negotiating drug prices.
The other move, is one to ban kickbacks to pharmacies by drug companies; something we did here in Ontario a while ago.
If the savings from ending this way of doing business were passed through to drug consumers in the U.S. it could lower their costs by upwards of 30%.
Trump unveils controversial drug price rules in a last-ditch attempt to fulfill campaign promise
President Donald Trump unveiled two controversial rules on Friday aimed at reducing drug prices -- a last-ditch effort to fulfill a key 2016 promise that immediately sparked legal threats from the pharmaceutical industry and condemnation from Democrats.
****
Now, one could be rightly cynical about whether Trump or anyone in his administration treats this policy change seriously, given that they waited until the lame duck period of his 1st term to move on it.
But here's where the real cynicism kicks in...........
The Democrats are opposing the move..............which would objectively lower costs to U.S. consumers, and government, at the expense of drug companies. Don't get me wrong; I wouldn't blame them at all for not praising Trump; but the ideas
are actually solid; and very similar to how we manage drugs here.
When people assert that both U.S. parties are the same.................this is why; when push comes to shove, both act to stifle progressive change.
Are they the same? No; even if the only difference were rhetorical it would matter; and there are more tangible differences.
Still, this isn't helpful.
Admiral Beez
Superstar
There‘s also the court assigned punitive damages for bringing forth frivolous litigation.
Johnny Au
Senior Member
Newsmax and OANN would ask its viewers to donate to pay for those punitive damages and claim that they're "patriotism fees."
adma
Superstar
Now *there's* a variation on "taxing the stupid".
Coolstar
Senior Member
Biden announces first cabinet posts of administration
The president-elect named nominees for secretary of state, homeland security, national security adviser, among others.
Northern Light
Superstar
Biden announces first cabinet posts of administration
The president-elect named nominees for secretary of state, homeland security, national security adviser, among others.www.aljazeera.com
On the upside, none of the nominees or prospective nominees are overtly unqualified or overt dolts.
In point of the fact, the would-be Ambassador to U.N. seems to have much to commend her appointment.
That said; and to be expected, its largely a list of the usual insiders.
That's not to suggest I believe everyone should be from outside the political sphere.
Career civil servants and academics would be welcome though, if otherwise qualified.
As would people who haven't spent the last 2 decades or more at the apex of power in Washington.
C'est La Vie
kEiThZ
Superstar
Career public servants is what is needed to rebuild the gutted government.
W. K. Lis
Superstar
Videodrome
Senior Member
HAHAHAHA!