Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows

https://www.nytimes.com/2024/05/11/us/trump-taxes-audit-chicago.html

47 comments
  1. Auditing Trump’s taxes will take every penny of the new IRS allocation. Tax cheat for years.

  2. When are they gonna get around to auditing the millions of dollars he is diverting from his political fundraising entities into his private legal defense expenses ? Oh yeah, never.

  3. Fill in the blanks:

    * Presidential Immunity
    * Election Interference by Joe Biden’s IRS
    * Witch Hunt
    * Persecution
    * Fund raising email
    * Hunter Biden’s Laptop – *AnemonesCloser*
    * Ginaaaa – *SchrodingersTIKTOK*
    * ______________
    * ______________
    * ______________

  4. Trump is a criminal in everything he does. Rules, ethics and morality just are teasers to him to the opposite. I will bet that he has never once done anything because he was supposed to if it didn’t get him some gain. Everything is about “winning” for himself.

  5. Lucky he’s on the line to get a $1Bn from the oil industry, then…

    Funny how that worked out.

  6. This is consistent with his prior real estate frauds. Frankly the IRS should have his businesses under constant audit. Everything he has ever done is a fraud.

  7. What’s with this “May” bullshit. He either did it, or he didn’t .

  8. They should triple the amount since Trump is not good at math

  9. oh so now that the IRS is done with the audit, is he gonna release his tax returns?

  10. *”No, I would not protect you. In fact, I would encourage them to do whatever the hell they want. You got to pay. You got to pay your bills.”* -DJT

  11. Life Hack: Lie Cheat and steal. If you get caught. Cry that the system everyone else uses. Is unfair. As your cult tosses bodies to protect you.

  12. …and Rudy owes $150 million to Ruby Freeman and Shaye Moss. When you’re privileged, owing something and actually paying something are two very different things, apparently.

  13. It’s fine. He has a 30-day grace period, then all he needs to do is appeal and he can get the amount he owes slashed down 60%. He can get the deadline extended and then post a fraudulent payment and tie these system up for weeks in litigation. He doesn’t actually have to pay it and it will just go away.

  14. I have more taxes taken out of my paycheck than Trump ever paid into the system.

  15. We need to find a good accountant to his audit. Like the kind Ben Affleck played.

  16. And I get paranoid when I take a client out and forget to grab the 200 receipt

  17. So…If I”m a small time drug dealer breaking the rules, they would arrest me, take my home if they want too, my bank account, my car, everything.

    Trump? Millions and nothing. This whole Trump family. Nothing. They are all scum. Just rich scum.

  18. Well, im sure he can find a sleazy car salesman to underwrite the bond, have it get rejected, and we willnall just forget about it.

  19. Can we finally tear that ugly name off that otherwise benign tower on the Chicago river, please? He’s a convicted fraud & rapist. Do we need to wait to determine that he cheated on taxes (which we’ve all known) ?

  20. Trump is the greatest grifter to ever live. He found the presidency to be the best grift of all. His rubes still see him as a saviour as they hand him more money while sells them out. It’s astonishing to watch as a non American.

  21. This is precisely why republicans were so up in arms about the IRS funding in the Inflation Reduction Act. I’ll bet they were terrified of what the added enforcement would uncover about Trump’s fraud.

  22. Even CoPilot agrees, with this little ditty:

    🎶 “**Never Gonna Lock You Up” **🎶

    (To the tune of “Never Gonna Let You Go” by Sergio Mendes)

    I’m never gonna lock you up
    I’m gonna hold you in my cell forever
    Gonna try and make up for all the crimes I’ve done
    Gonna keep your secrets close to mine
    From this day on, we’re partners in crime
    Oh, I swear this time I’m never gonna let you go

    Feel free to imagine this as a heartfelt ballad sung by two inmates who’ve found solace in each other’s company behind bars. 🎵🔒✨

  23. May. Might. Possibly. The news cycle is turning into click bait faster than flash turned into a pedophile.

  24. Why does that audit take so long? This is insane that only now they find it?

  25. Doesn’t matter someone else will pay it in exchange for laws when he returns to office

  26. Stories like this have been coming out since 2015 and the man hasn’t paid a cent lol.

  27. May, could, might, possibly, probably. Seriously, can journalists just shut the fuck up with all these articles that really don’t mean shit? Just the same bullshit day after day, “Trump may have committed a crime but nothing will happen because he’s Teflon Don.”

  28. *yawn

    Wake me up when something actually happens to this sleazeball

  29. >“Congress needs to radically change the rules for the worthlessness deduction,” Professor Schwidetzky said.

    Let me try. Congress needs to fix tax laws so that loopholes and gifts aren’t handed to the wealthy only so the wealthy can more easily maintain their wealth at the expense of the non-wealthy. I guess that wealthy people will become wealthy at the expense of the government so the government has decided it is more beneficial to simply allow them to keep more of their wealth for fear of them attacking the government. Again, at the expense of you and I. There can only be the wealthy as long as you and I accept it.

  30. Will he be held accountable? No, of course not.

  31. I spent a few weeks in Chicago a couple of summers ago. I had a great time photobombing MAGA tourists getting their picture taken in front of that building. Except I wasn’t smiling, I was giving the Trump sign the finger.

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