Quote:
Originally Posted by Ducay
I think if he was committing fraud, you would have heard about it by now, or it would have gotten out somehow. Plus, you'd have to be committing some magic fraud to reduce your tax liability via fraud on $600+ million income to nil.
Its all likely shelters, estates, and trusts that get him out of the taxes (for now), but again, looks bad to Joe Q. Public, but good on him.
Its the same thing with offshore companies. Public acts like its committing murder, smart people think its smart. Legal tax avoidance is something everyone should be thinking about.
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Actually that's sort of the thing, it's been him running his mouth about what an amazing charity case he is that has gotten him into trouble here since it started the look into the Trump Foundation. The Foundation itself appears to be nothing but a slush fund. Did they cross examine Trump's taxes against the Foundations? We'll see I guess if there's more to come out of this. If they haven't I'd say he's pretty well ####ed now.