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turbinetree

(24,695 posts)
Thu Dec 26, 2019, 10:59 AM Dec 2019

Why Did Christie Drop Trump's Casino Tax Debt From $25M To $5M?

New Jersey auditors and lawyers had been battling for several years to collect long-overdue taxes from Trump's casinos.

By Susie Madrak

Of course, there's no way an honorable man like Chris Christie would ever have cut some kind of improper deal with a con man like Donald Trump! (nudge nudge, wink wink), but the New York Times thought it was worth a look:

By the time Chris Christie became governor of New Jersey, the state’s auditors and lawyers had been battling for several years to collect long-overdue taxes owed by the casinos founded by his friend Donald J. Trump.

The total, with interest, had grown to almost $30 million. The state had doggedly pursued the matter through two of the casinos’ bankruptcy cases and even accused the company led by Mr. Trump of filing false reports with state casino regulators about the amount of taxes it had paid.

But the year after Governor Christie, a Republican, took office, the tone of the litigation shifted. The state entertained settlement offers. And in December 2011, after six years in court, the state agreed to accept just $5 million, roughly 17 cents on the dollar of what auditors said the casinos owed.




https://crooksandliars.com/2019/12/why-did-christie-drop-trumps-casino-tax
22 replies = new reply since forum marked as read
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Why Did Christie Drop Trump's Casino Tax Debt From $25M To $5M? (Original Post) turbinetree Dec 2019 OP
What are friends for? NT mahatmakanejeeves Dec 2019 #1
Free all you can eat buffets? dem4decades Dec 2019 #2
For life! nt localroger Dec 2019 #4
"Me a Mafiya" Kid Berwyn Dec 2019 #3
Same reason he cut the Exxon Superfund fine a couple hundred billion. TheBlackAdder Dec 2019 #5
I bet donnie t gives one helluva back rub RT Atlanta Dec 2019 #6
EWWW! Fritz Walter Dec 2019 #7
we help each other on here! RT Atlanta Dec 2019 #9
Because Our Government Is Corrupt That Is Why DanieRains Dec 2019 #8
Now THAT's a point to tell every Trumper bucolic_frolic Dec 2019 #10
It goes like this where I'm from ScratchCat Dec 2019 #12
You gotta pay to play. marble falls Dec 2019 #11
Where was the FBI in all that dirt? BSdetect Dec 2019 #13
Shoveling info to Rudy? bucolic_frolic Dec 2019 #14
Trump is a thug nevergiveup Dec 2019 #15
To suck up to Don the Con.. BlueJac Dec 2019 #16
I live in NJ and one thing NJ does exceptionally well is collect taxes. Christie came in and made Pepsidog Dec 2019 #17
A quid without a quo? B Stieg Dec 2019 #18
Another one bites the bus! Perseus Dec 2019 #19
Christie is scum just like drumph. MarcA Dec 2019 #20
Why didn't this come out during the election? Buckeyeblue Dec 2019 #21
Were these the casinos that Trump ran into the ground and went under hughee99 Dec 2019 #22

TheBlackAdder

(28,182 posts)
5. Same reason he cut the Exxon Superfund fine a couple hundred billion.
Thu Dec 26, 2019, 11:54 AM
Dec 2019

.

The night it was signed, that fucker went out to dinner with the Exxon executives.

.

RT Atlanta

(2,517 posts)
6. I bet donnie t gives one helluva back rub
Thu Dec 26, 2019, 12:14 PM
Dec 2019

maybe he lotioned parts of chris's hairy back that he couldnt reach himself and the consideration for this was a $20m reduction in a company's tax burden?

Fritz Walter

(4,291 posts)
7. EWWW!
Thu Dec 26, 2019, 12:23 PM
Dec 2019

Thank you for that mental image.
I didn’t really want lunch today — after gorging myself yesterday — but now my appetite is completely gone.

 

DanieRains

(4,619 posts)
8. Because Our Government Is Corrupt That Is Why
Thu Dec 26, 2019, 12:31 PM
Dec 2019

Scammers like Trump can break law, after law, after law, and skate.

If he was a minority, or poor, he would be serving multiple 20 year terms in prison for all his crimes.

AMERIKKA!

ScratchCat

(1,980 posts)
12. It goes like this where I'm from
Thu Dec 26, 2019, 12:56 PM
Dec 2019

If you steal a TV from Wal-mart, you'll end up in jail.

If you steal a couple billion dollars from Medicare, you get to be Governor of Florida and U.S. Senator.

The moral of the story: If you are a thief, make sure you steal large enough sums to pay off the people charged with investigating you.

Pepsidog

(6,254 posts)
17. I live in NJ and one thing NJ does exceptionally well is collect taxes. Christie came in and made
Thu Dec 26, 2019, 01:18 PM
Dec 2019

deals with State Democratic power brokers, the politics bosses who controlled the State house and senate. NJ party bosses control the state, NJ is much like a mafia state where the bosses, not the governor, wield the power. So I’m sure many law firms and accounting firms who contribute state candidates made huge fees on negotiating Trumps debt down. What’s worse is that the funds collected by Trump were trust fund taxes taken directly from employee/employer, sales tax, etc. taken directly from paychecks to be held in trust for the state and transmitted to the state monthly. No small business person would get this type of consideration. Disgraceful.

B Stieg

(2,410 posts)
18. A quid without a quo?
Thu Dec 26, 2019, 01:50 PM
Dec 2019

Sux when you try to be corrupt, and the other guy is so corrupt, you don't get what you were hoping for?!
tRump tries to cheat at everything.

 

Perseus

(4,341 posts)
19. Another one bites the bus!
Thu Dec 26, 2019, 01:54 PM
Dec 2019

All stupid Christie did for the con and then he was humiliated in front of the world.

I keep asking myself what do these people think? Do they lie in bed (well they lie everywhere ) and say to themselves "I am so special that I know my precious leader will not do to me what he does to everyone else, he will appreciate my loyalty to him and in return be loyal to me." Then they find out they are not as special as they thought they were, that happens as the wheels of the bus hit them from side to side.

MarcA

(2,195 posts)
20. Christie is scum just like drumph.
Thu Dec 26, 2019, 02:02 PM
Dec 2019

If he was President he would do just like drumph. As Governor he was limited to just
harming people through bridge closures, making public beaches his private domain and
having people run off the road and then blaming them, although that last one may be
a NJ Governor thing.

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