Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

babylonsister

(170,963 posts)
Wed Sep 22, 2021, 09:52 PM Sep 2021

Donald Trump Sounds Pretty Panicked About Spending His Twilight Years Behind Bars

Last edited Wed Sep 22, 2021, 10:42 PM - Edit history (1)

That headline!

Forgot link...
https://www.vanityfair.com/news/2021/09/donald-trump-mary-trump-new-york-times-taxes-lawsuit

Lawsuits
Donald Trump Sounds Pretty Panicked About Spending His Twilight Years Behind Bars
He’s sued his niece and The New York Times, whose reporting has become part of New York prosecutors’ investigations into his financial dealings, for $100 million.
By Bess Levin
September 22, 2021

snip//

Additionally, the suit accuses Mary Trump of violating a confidentiality agreement barring her from publicly releasing the details of the family’s finances, claiming Trump’s niece and the reporters were “motivated by a personal vendetta and their desire to gain fame, notoriety, acclaim and a financial windfall” and to “advance their political agenda.”

One key detail that the suit doesn’t mention is that last November, the offices of the New York attorney general and Manhattan district attorney expanded their probes into Trump and his businesses to include suspicious tax write-offs on millions of dollars in consulting fees, some of which, according to a 2020 Times story, appeared to have been paid to Ivanka Trump. That story showed that the “very rich” real estate developer had managed to reduce his taxable income by deducting approximately $26 million in fees to “consultants” as business expenses between 2010 and 2018. While the consultants’ identities were not listed on tax records, some of the fees definitely looked like they’d been paid to his favorite child. As the Times reported:

On a 2017 disclosure [Ivanka Trump] filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia.

The subpoenas were focused on fees paid to the firm on her disclosures, TTT Consulting LLC, and represented just a portion of the $26 million, according to a person with knowledge of the matter. The name of the firm appears to be a reference to Ms. Trump and other members of her family. Ms. Trump was an executive officer of the Trump companies that made the payments, meaning she appears to have been treated as a consultant while also working for the company. While companies can deduct professional fees, the Internal Revenue Service requires that consulting arrangements be market-based and reasonable, as well as “ordinary and necessary” to running a business.

The examination of fees apparently paid to his older daughter is likely to arouse even more vitriol from the outgoing president. And it raises questions about whether the payments were a tax-deductible way for him to compensate his children, or avoid gift taxes he might incur from transferring wealth to them, something Mr. Trump’s father had done through legally questionable schemes uncovered by the Times in 2018.


snip//

For her part, Mary Trump told the Daily Beast, of her uncle: “I think he is a fucking loser, and he is going to throw anything against the wall he can. It’s desperation. The walls are closing in, and he is throwing anything against the wall that will stick. As is always the case with Donald, he’ll try and change the subject.”
30 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Donald Trump Sounds Pretty Panicked About Spending His Twilight Years Behind Bars (Original Post) babylonsister Sep 2021 OP
Discovery will be fun. Kingofalldems Sep 2021 #1
Didn't he already sue his niece once b4? PortTack Sep 2021 #2
to stop her book. mopinko Sep 2021 #28
I doubt he'll ever do samplegirl Sep 2021 #3
He Won't nt SoCalDavidS Sep 2021 #10
He definitely won't. MontanaMama Sep 2021 #11
Won't happen redstateblues Sep 2021 #13
Make a case! Make an argument in court. Grins Sep 2021 #25
There is very liittle that would please me more!!! yellowdogintexas Sep 2021 #4
Link, please? Ocelot II Sep 2021 #5
I think it is Vanity Fair sheshe2 Sep 2021 #6
Thanks! Ocelot II Sep 2021 #8
Sorry! Here... babylonsister Sep 2021 #15
Sundown in the Slammer, Slobfather Blue Owl Sep 2021 #7
He is manipulating the court system.. kentuck Sep 2021 #9
"I think he is a fucking loser..." Mary Trump knows exactly how to get into her uncle's head. mn9driver Sep 2021 #12
+1000 smirkymonkey Sep 2021 #27
Alas, he will not spend a minute behind bars. Too bad, PoindexterOglethorpe Sep 2021 #14
I hope you have to eat your words. babylonsister Sep 2021 #17
Oh, I hope so to. PoindexterOglethorpe Sep 2021 #24
K&R spanone Sep 2021 #16
Jail Is For The Poor And The Powerless DanieRains Sep 2021 #18
waiting patently. AllaN01Bear Sep 2021 #19
Confidentiality agreements ... VMA131Marine Sep 2021 #20
That's just the sort of thing you should think about. Turbineguy Sep 2021 #21
These people are never punished, look at Matt Gaetz. Jon King Sep 2021 #22
I hope he would not be sent to one of those country club prisons DFW Sep 2021 #23
LOL LetMyPeopleVote Sep 2021 #26
Mary Trump's lawsuit isn't going to put him behind bars FakeNoose Sep 2021 #29
I really want Ivanka locked up. lindysalsagal Sep 2021 #30

Grins

(7,134 posts)
25. Make a case! Make an argument in court.
Thu Sep 23, 2021, 12:09 AM
Sep 2021

Then prove it. And down he goes with blessing of 74% of the nation.

yellowdogintexas

(22,119 posts)
4. There is very liittle that would please me more!!!
Wed Sep 22, 2021, 09:55 PM
Sep 2021

#Mitch across the hall.
A heavy duty sweep of the COngress and 50 state legislatures

A long visit with my grandbaby

sheshe2

(83,341 posts)
6. I think it is Vanity Fair
Wed Sep 22, 2021, 09:59 PM
Sep 2021

ttps://www.vanityfair.com/news/2021/09/donald-trump-mary-trump-new-york-times-taxes-lawsuit

kentuck

(110,950 posts)
9. He is manipulating the court system..
Wed Sep 22, 2021, 10:03 PM
Sep 2021

By attempting to tie up his taxes in a lawsuit, so as to prevent their exposure from another criminal investigation.

A smart judge would throw it out of court faster than you could say "Roger Stone"...

mn9driver

(4,412 posts)
12. "I think he is a fucking loser..." Mary Trump knows exactly how to get into her uncle's head.
Wed Sep 22, 2021, 10:09 PM
Sep 2021

This is the thing that TFG is terrified of. That he will be seen as a loser.

She is twisting the knife. And she knows how.

PoindexterOglethorpe

(25,746 posts)
14. Alas, he will not spend a minute behind bars. Too bad,
Wed Sep 22, 2021, 10:26 PM
Sep 2021

but people like him get away with everything, no consequences ever.

Turbineguy

(37,212 posts)
21. That's just the sort of thing you should think about.
Wed Sep 22, 2021, 11:30 PM
Sep 2021

For him, it's too late to go straight. He's been a crook all his life and he's used to it.

Jon King

(1,910 posts)
22. These people are never punished, look at Matt Gaetz.
Wed Sep 22, 2021, 11:45 PM
Sep 2021

Every single legal expert said that Joel Greenberg was given a plea deal unlike any they had ever seen. They all said this must mean he turned over a huge fish to get such a deal and that was likely Gaetz. They said it was likely that whoever Greenberg gave up would be quickly indicted because that is the way it always works.

Yet absolutely zero indictments. So Greenberg got such a cushy deal and gave no one up?

I will believe Trump gets any punishment at all when I see it. Powerful people rarely face the music.

DFW

(54,055 posts)
23. I hope he would not be sent to one of those country club prisons
Wed Sep 22, 2021, 11:53 PM
Sep 2021

If sent to prison, I would want him trembling in terror at the thought of what might happen to him in his daily run-ins with some of the more violent prisoners.

FakeNoose

(32,351 posts)
29. Mary Trump's lawsuit isn't going to put him behind bars
Thu Sep 23, 2021, 08:21 PM
Sep 2021

Mary can't do that because it's a civil lawsuit. She's suing for $$ damages - as in money.

It's the legal authorities - the district attorneys and attorney generals - those are the people who can put Chump behind bars. And they are planning to do exactly that. Chump should be very afraid.

But for Mary Trump - his niece - all Chump needed to do was act decently towards her and her brother. His own blood relatives, who were guileless and vulnerable. But of course he couldn't do that, because he's an evil fucking asshole.

Latest Discussions»General Discussion»Donald Trump Sounds Prett...