Tuesday, January 14, 2020

New York State questions Trump taxes

Did Trump lie on his taxes?

New York Mayor Bill de Blasio has alerted the Manhattan District Attorney to investigate a suspicious disparity in what Trump companies reported for tax purposes and what the figure actually was. The properties were reported were more profitable to lenders than to city tax authorities. One matter in the issue was turned over to the district attorney last November. de Blasio said...
he made the referral “because there is a possibility of a criminal act having been committed.” The referral related to Trump’s historic downtown skyscraper at 40 Wall Street.
The Mayor added...
Trump’s efforts to avoid taxes have gone beyond the measures taken by most wealthy Americans. He “consistently has believed he was above the law, even before he was president.”
Trump obviously denied everything, blaming de Blasio's accusations on those of a political opponent. The Mayor was in the running for 2020 but has since dropped out of the race.

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