Interesting case - when do perks become so numerous and luxurious that they become compensation??
Weisselberg's ex daughter in law handed over some damning records - 2 sets of books, one legit, one not, straight out of "Casino". Supposedly the records link other TO execs to the same practice of perks for compensation. Can they link The Kids???Prosecutors are having the first look inside the tax records of the Trump Empire - the eternally audited Trump tax records many Americans have been waiting for 5 years.
Weisselberg's perks totaled $1.8M over 15 years = $120,000 per yr. Prosecutors claim he avoided $900,000 in taxes and undeserved tax refunds. What!!! This guy gets a tax refund?? Prosecutors also claim that although he is a long time resident of Long Island and claims it as his residence, he actually spends more time at his company paid apartment in the city, thus avoiding NYC taxes.
And it may all be perfectly legal !! And no doubt it goes on to some degree many places . This case is all about whats wrong with our entire loophole tax system designed for the wealthy. Tax lawyers can figure out how to save the already wealthy corporations and individuals from paying their fair share of taxes, and in actuality accumulate more wealth.
This case in a nutshell is my biggest problem with the Republican Party. The tax breaks and loopholes, and a tax system designed to take advantage of both by the wealthy, are all fine and dandy with them as long as the money keeps rolling in for the wealthiest.
What did the recent news story say? The 25 wealthiest individuals in the US pay little or no personal income tax? That infuriates me to no end.
Weisselberg's ex daughter in law handed over some damning records - 2 sets of books, one legit, one not, straight out of "Casino". Supposedly the records link other TO execs to the same practice of perks for compensation. Can they link The Kids???Prosecutors are having the first look inside the tax records of the Trump Empire - the eternally audited Trump tax records many Americans have been waiting for 5 years.
Weisselberg's perks totaled $1.8M over 15 years = $120,000 per yr. Prosecutors claim he avoided $900,000 in taxes and undeserved tax refunds. What!!! This guy gets a tax refund?? Prosecutors also claim that although he is a long time resident of Long Island and claims it as his residence, he actually spends more time at his company paid apartment in the city, thus avoiding NYC taxes.
And it may all be perfectly legal !! And no doubt it goes on to some degree many places . This case is all about whats wrong with our entire loophole tax system designed for the wealthy. Tax lawyers can figure out how to save the already wealthy corporations and individuals from paying their fair share of taxes, and in actuality accumulate more wealth.
This case in a nutshell is my biggest problem with the Republican Party. The tax breaks and loopholes, and a tax system designed to take advantage of both by the wealthy, are all fine and dandy with them as long as the money keeps rolling in for the wealthiest.
What did the recent news story say? The 25 wealthiest individuals in the US pay little or no personal income tax? That infuriates me to no end.
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