FOX of course has different perspective
Personally I am usually pretty risk averse when filing my taxes, so I am just fine with the government going after people who actively worked to game the system. And given Trump's hesitancy to share his records, his pride at paying little in taxes, etc... I hope there are more charges coming.
For the Trump supporters, would you be supporting a wealthy DEM or Independent who cheated on his taxes? Or would you want them to pay their fair share?
1 comment:
Lots of things baffled me about this indictment. First of all, I was shocked that Weisselberg, an important figure in the Trump Organization, was paid so little. He is paid about as much as assistant football coaches at the UofM and their job reponsibilities are mostly limited to counting the towels. What also surprised me was the extent of the documentation the prosecution claimst to have. For the successful white collar criminal, "off the books" must really mean "off the books". Keeping two sets of books is sheer laziness, itself bordering on the criminal.
Just to speculate, part of the problem here is that the Trump Organization is a closely held family company. It is quite possible that despite his decades of service to the organization and to the Trump family, Weisslberg didn't have any stock in the company. Equity ownership, is the path way to wealth which is both beyond the dreams of avarice, and beyond the purview of the IRS. I wonder if at some point in his career, Weisselberg looked around at the wealth accumulated by others in similar positions in the world of New York real estate and said to his bosses, you just have to do a bit better. Their response, instead of giving him equity which would basically be paid for by someone else, rather resentfully paid him out of their own pockets, in ways that that cheated on their taxes.
Trump was always unusual among rich people in that he always seemed to have cash flow problems. Typically, rich people have to deal with floods of cash, to the point where they don't know what to do with it. That's why Bezos and Branson are blowing it on rocket ships. Trump was always the exception to that with his minimal charitable contributions, and his notorious cheapness in small matters.
--Hiram
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