But Trump must have had some outside non-Trump family investors to whom they showed the fraudulent statements (and induced them to invest, or maintain their investments)?
If that's not the case, then this doesn't seem to be such a big deal...
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But Trump must have had some outside non-Trump family investors to whom they showed the fraudulent statements (and induced them to invest, or maintain their investments)?
Bigger picture Q: Why was he falsifying the records? For what purpose? Was it a tax cheating scheme?1) Did he falsify records? If you say no, then what did the jury hear that you disagree with?
Apparently that was not the case.But Trump must have had some outside non-Trump family investors to whom they showed the fraudulent statements (and induced them to invest, or maintain their investments)?
If that's not the case, then this doesn't seem to be such a big deal...
The record keeping Trump selected actually increased his taxes.Bigger picture Q: Why was he falsifying the records? For what purpose? Was it a tax cheating scheme?
Why did he do it then? What was his motive?The record keeping Trump selected actually increased his taxes.
Apparently no one. I haven’t looked at why one way record keeping was different than what was supposed to be done because it doesn’t matter.Why did he do it then? What was his motive?
And, without investors or the IRS being cheated, who was harmed?
Prosecutors allege Trump misrepresented payments to Cohen in Trump’s company records as legal fees when they were actually a reimbursement for the $130,000 that Cohen arranged to pay Daniels. The records at issue include general ledger entries, invoices and checks. Prosecutors argue Trump’s actions were a way of hiding the hush money scheme and concealing other crimes arising from it, including alleged election law violations. Trump denies the allegations. His lawyers have said the payments to Cohen were for legitimate legal expenses.Why did he do it then? What was his motive?
And, without investors or the IRS being cheated, who was harmed?
So if you run for president, that should basically be a get out of jail free card?
I think because Trump paid out of his own pocket but recorded it as legal expense at Trump Org. So if Trump recorded it as a deduction for a personal payout for a contract, his taxes would be lower.How did an additional expense increase his taxes that would have been theoretically higher in the absence of the deduction? AMT? Timing differences in the tax return (which I don't get because this isn't deferred taxes or alternative depreciation methods).
I think because Trump paid out of his own pocket but recorded it as legal expense at Trump Org. So if Trump recorded it as a deduction for a personal payout for a contract, his taxes would be lower.
Anyway Cohen was charged for campaign violation. Trump wrongly recorded a payment. What is the felony?
Trump Org wasn’t charged. Go after the Trump Org then.I thought you said it increased his taxes. So, I guess you're saying it increased his personal taxes. I was focusing on the entity that paid Cohen. It was recorded as an expense. That is a deduction. That lowers taxes.
I believe 1) and 2) happened after the election. So how is this possible? Again circular reasoning or double jeopardy.It became a felony because it was in two parts:
1) The falsification of business records.
2) The falsification was intended to commit a crime: influence the election.
Trump Org wasn’t charged. Go after the Trump Org then.
Influencing an election is not a crime. As I said before, that's exactly what campaigns and candidates attempt to do: influence an election in their favor.It became a felony because it was in two parts:
1) The falsification of business records.
2) The falsification was intended to commit a crime: influence the election.
If you think the CEO of any organization makes journal entries, you really don’t know anything about how businesses operate.Bigger picture Q: Why was he falsifying the records? For what purpose? Was it a tax cheating scheme?
If you think the CEO of any organization makes journal entries, you really don’t know anything about how businesses operate.
All NDA agreements are booked as legal expense which is what Trump was found guilty of.Of course they don't. But they can and have DIRECTED someone to do it.
All NDA agreements are booked as legal expense which is what Trump was found guilty of.
He just got convicted for having false entries made. (Of course Trump didn't get behind a computer screen and physically type the entries in himself--he had someone else do it). So why did he do it?If you think the CEO of any organization makes journal entries, you really don’t know anything about how businesses operate.
My questions:
1) Have charges been brought against Cohen for his admitted theft? Did Cohen pay taxes on the money he stole?
2) Did Daniels pay taxes on the hush money?
Not a lawyer or a judge but that is just wrong.The judge instructed the jury to assume guilt from the start
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