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Rhiannon12866

(205,295 posts)
Mon Sep 19, 2022, 02:42 PM Sep 2022

Trump gets MORE BAD NEWS as his Former Accounting Firm Turns Over His Financial Records To Congress



Trump’s former accounting firm Mazars USA just began to delivering his financial records to the House Oversight Committee after Trump lost multiple legal battles to try and stop them from turning it overs. The first tranche of records are now with the Committee. - Meidas Touch.


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Trump gets MORE BAD NEWS as his Former Accounting Firm Turns Over His Financial Records To Congress (Original Post) Rhiannon12866 Sep 2022 OP
More bad news? Yes of course, but I suspect that a lot of us know that he was cheating big time SWBTATTReg Sep 2022 #1
Let the whining and projection begin Bayard Sep 2022 #2
No. This is not bad news for him. After two years of negotiations, Scrivener7 Sep 2022 #3
Remember this just deals with a Congressional Committee BumRushDaShow Sep 2022 #4
Take a look at House Oversight committee members..sure to let tfg know whats up.. asiliveandbreathe Sep 2022 #5

SWBTATTReg

(22,114 posts)
1. More bad news? Yes of course, but I suspect that a lot of us know that he was cheating big time
Mon Sep 19, 2022, 02:47 PM
Sep 2022

on his taxes for a long time. Otherwise, why would he fight so hard to keep them secret? That's always what I believed, that (1) everyone pays taxes (2) and yeah, sure there's privacy issues involved, but when it comes to public service, we all deserve to know exactly where his money comes from, how he got it, what he pays in annual taxes, etc.

I suspect that we'll finally all hear that he literally pays no taxes at all, considering what he claims he's worth.

I suspect that there will be anger in the streets considering that he pays less of a percentage that the common man or woman on the street pays. And I suspect that he's double-dipped his deductions, understated his income, overstated his deductions. A trifecta of wrongs in doing his taxes. My ? is why has the IRS let him get by w/ so much?

Bayard

(22,063 posts)
2. Let the whining and projection begin
Mon Sep 19, 2022, 02:47 PM
Sep 2022

There are just SO many people involved in this vast conspiracy against him!

Scrivener7

(50,949 posts)
3. No. This is not bad news for him. After two years of negotiations,
Mon Sep 19, 2022, 03:23 PM
Sep 2022

the agreement is that Mazars can decide which documents it thinks satisfy the subpoena, and therefore which documents it will hand over.

So his accomplices in the theft are the ones deciding which documents to give to the Committee.

Here's the thread with the link to the Times article stating that

The settlement allows for Mazars to exercise its “independent judgment” in determining which documents are responsive to the committee’s subpoena."

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=17171819

BumRushDaShow

(128,905 posts)
4. Remember this just deals with a Congressional Committee
Mon Sep 19, 2022, 03:36 PM
Sep 2022

not the State of NY and their civil & criminal cases, nor DOJ. It's a "Congressional subpoena", not a federal grand jury subpoena.

Congressional Committees can't really do anything other than refer to DOJ and one of the issues that even triggered this was because unlike his predecessors 40+ years prior, he refused to release his most recent returns, which lead to this convoluted court battle. They have been attempting to get all of this info in order to write and/or tweak legislation to require future candidates to disclose their returns, among other things.

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