Raising social involvement, self awareness and self improvement topics, because our communities are the sum of our personal beliefs, behaviors, action or inaction. Only "we" can improve our family, work place, school, city, country, etc.
It is not obvious to me that a payoff to a porn star is not deductible. Businesses make payments for public relations and business reasons all the time. Paying porn stars may be nice, but for all I know, in American business it may be ordinary and necessary. That's not to say, such payments are in the clear, just that I would need to know more.
I watched enough episodes of "Mad Men" to know that businessmen write off a lot of expenses incurred for things that aren't very nice.
I think two things are important here. First, an indictment is nothing more than an unsupported accusation. It proves nothing, and should not be used as a basis for any final conclusions. Secondly, this indictment is sealed. We know nothing at all about what it actually contains. Is it really possible to form intelligent conclusions concerning something about which we know nothing?
Having a long history of being a bad guy isn't a crime. I want to know which statute he is accused of violating, and what actions of his fall within those statutes. I don't know either of those things and neither does anyone else except those involved in the process. That being the cased, what I know is that I know nothing.
I think if we add a lot of facts to what we already know, it may be enough to fashion some sort of criminal charge. But corporations manage public relations crises all the time, some far worse than this. I am sure a lot of what they do could be labeled with pejorative terms like "bribe". But it takes a lot to prove a crime, and to start with we don't even know what crime or crimes Trump is accused of.
It is not obvious to me that a payoff to a porn star is not deductible. Businesses make payments for public relations and business reasons all the time. Paying porn stars may be nice, but for all I know, in American business it may be ordinary and necessary. That's not to say, such payments are in the clear, just that I would need to know more.
ReplyDelete--Hiram
I assume paying a stripper for a lap dance may squeeze through as an entertainment expense???
ReplyDeleteHowever I agree that trying to write off hush money... Or trying to use campaign funds to make the payment? Really?
And yet the GOPers seem fine with that... They sure have fallen from the party of law and order, and character matters. :-(
Some Background info
ReplyDeleteI watched enough episodes of "Mad Men" to know that businessmen write off a lot of expenses incurred for things that aren't very nice.
ReplyDeleteI think two things are important here. First, an indictment is nothing more than an unsupported accusation. It proves nothing, and should not be used as a basis for any final conclusions. Secondly, this indictment is sealed. We know nothing at all about what it actually contains. Is it really possible to form intelligent conclusions concerning something about which we know nothing?
--Hiram
I think Trump has a long history of abusing the tax code and the campaign finance laws...
ReplyDeleteI am betting it is both of those.
Apparently paying hush money from one's own wallet is just fine on its own...
ReplyDeleteHaving a long history of being a bad guy isn't a crime. I want to know which statute he is accused of violating, and what actions of his fall within those statutes. I don't know either of those things and neither does anyone else except those involved in the process. That being the cased, what I know is that I know nothing.
ReplyDelete--Hiram
What I think we know is that...
ReplyDeleteTrump had Cohen pay Stormy $130,000 to sign a non disclosure agreement.
Trump then re-imbursed Cohen and claimed it as legal fees.
I am not sure where bribes fit into the tax code?
I think if we add a lot of facts to what we already know, it may be enough to fashion some sort of criminal charge. But corporations manage public relations crises all the time, some far worse than this. I am sure a lot of what they do could be labeled with pejorative terms like "bribe". But it takes a lot to prove a crime, and to start with we don't even know what crime or crimes Trump is accused of.
ReplyDelete---Hiram