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Paula Chertok🗽 @PaulaChertok
, 3 tweets, 2 min read Read on Twitter
New Report >> Trump the "self-made billionaire" is a fraud. He inherited a fortune, founded on fraudulent tax schemes. He received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s. nytimes.com/interactive/20…
How much you wanna bet Trump will go all Stalin tonight on the bombshell story of his family’s financial fraud (on which his own con rests) to say Dear Old Dad is being smeared just like Kavanaugh? Failing New York Times, Democrat conspiracy, enemy of the people, etc etc #maddow
“Trump is a profound grifter,”@TimOBrien says, discussing NYT investigation exposing Trump’s image is as fraudulent as his family’s tax schemes. Then tells story of Trump trying to take advantage of his own father Fred suffering from Alzheimer’s but still with it to notice😱
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#BREAKING >> Feds Charge Natalia Veselnitskaya—Russian Lawyer at 2016 Trump Tower Meeting—In Money Laundering Case That Shows Kremlin Ties nytimes.com/2019/01/08/nyr…
SDNY charged Veselnitskaya with obstruction of justice (making "misleading declaration") in the Prevezon case involving money-laundering fraud Sergei Magnitsky discovered involved Russian govt officials. (Sorry, Putin. Magnitsky sanctions are here to stay)
“Russian Attorney Natalya Veselnitskaya is now a wanted person in the U.S. for intentionally misleading US investigators, regarding Prevezon Holdings’ role in the $230 million dollar tax fraud scheme perpetrated by a criminal organization that included…corrupt Russian officials"
Read 6 tweets
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Wall shutdown showdown’s next act: Trump goes to southern border Thursday “to meet with those on the frontlines of the national security and humanitarian crisis.” He’s not negotiating a deal. He’s putting on shows to keep his propaganda on TV/media. Maybe he’ll bring a caravan😒
Trump to visit southern border after telling aides on Sunday he wanted them to come up with a resolution to the shutdown fight that would reopen the government—without him appearing to have capitulated to Democrats. via @WSJ wsj.com/articles/trump…
TV networks agreeing to air Trump's far-right wall propaganda address as if a real national security emergency is pretty despicable. An ominous sign that they haven't learned much about how propagandists use media to elevate bullshit in ways that undermine our country & the press
Read 6 tweets
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MAGA America: Trump’s about to speak in the Rose Garden. He reportedly just threatened to keep the govt shutdown for “months and years” over his campaign con wall. While a federal worker tells CNN she can’t pay her bill. #winning 🙃
Trump: “Tremendous things are happening. Wages are finally going up. It’s beautiful. That doesn’t happen from luck. I worked hard on that.” Now he’s just rambling about “open borders,” people getting shot, children…“Coyotes take a left, turn at the wall or powerful steel.” 🤦‍♀️😒
Listening to Trump, like
Read 5 tweets

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@realDonaldTrump 1) Oh yeah, only a monster would try to rewrite his father's will when he was sick.
President Trump received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges dubious tax schemes including instances of outright fraud.
@realDonaldTrump 2) The Times documented 295 streams of revenue that Fred Trump created over five decades to enrich his son. Over time, as Donald Trump careened from one financial disaster to the next, his father found ways to give him substantially more money, records show.
@realDonaldTrump 3) In 1990, according to previously secret depositions, Mr. Trump tried to have his father’s will rewritten in a way that Fred Trump, alarmed and angered, feared could result in his empire’s being used to bail out his son’s failing businesses.
Read 9 tweets
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Today’s #MAGAbomber news was horrifying. The mood is somber, and rightly so: we are 13 days from the election, and a domestic terrorist on the loose is the last thing anyone wants.

But let’s put things in perspective.

[THREAD]
1/ The #MAGAbomber news does not change the fact that McConnell has explicitly stated his aims to gut Social Security and Medicare to pay for yet another tax cut for his rich donors.
latimes.com/business/hiltz…
2/ The #MAGAbomber news does not change the fact that Jared Kushner and Donald Trump are intimately involved in the cover-up (at the bare minimum) of the assassination of Jamal Khashoggi by the Crown Prince of Saudi Arabia.
medium.com/s/story/two-pr…
Read 22 tweets
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With the bombshell @nytimes Trump & Kushner tax stories, this piece by tax expert @DavidCayJ advocates for strengthening the IRS and notes that the power to tax is the reason the US Constitution was adopted, replacing the Articles of Confederation
theguardian.com/commentisfree/…?
We need tax police – and they should go after the likes of Donald Trump | David Cay Johnston theguardian.com/commentisfree/…?
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father - Trump received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s by @susannecraig @DavidBarstow @russbuettner nytimes.com/interactive/20…
Read 4 tweets
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The 11 take-home messages from @nytimes massive investigation of #Trump Family wealth:
1.) The Trumps’ tax maneuvers show a pattern of deception,
2.) Donald Trump began reaping wealth from his father’s real estate empire as a toddler
[cont.2]
3.) That ‘small loan’ of $1 million was actually at least $60.7 million — much of it never repaid
4.) Fred Trump wove a safety net that rescued his son from one bad bet after another
5.) The Trumps turned an $11 million loan debt into a legally questionable tax write-off
[cont3]
6.) Father and son set out to create the myth of a self-made billionaire
7.) Donald Trump tried to change his ailing father’s will, setting off a family reckoning
8.) The Trumps created a company that siphoned cash from the empire
Read 5 tweets
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💰TaxFraud💰

NYS Tax Dept reviewing fraud allegations involving Trump

The Trumps’ tax maneuvers show a pattern of deception.

Trump by age 3, earned $200k a year in today’s dollars from his father’s empire. He was a millionaire by age 8. In his 40s & 50s, he rec’d +$5M a year.
💰TaxFraud2💰

That ‘small loan’ of $1 million was actually at least $60.7 million — much of it never repaid

Fred Trump wove a safety net that rescued his son from one bad bet after another

The Trumps turned an $11 million loan debt into a legally questionable tax write-off
💰TaxFraud3💰

Father and son set out to create the myth of a self-made billionaire

Trump tried to change his ailing father’s will, setting off a family reckoning

The Trump parents dodged hundreds of millions in gift taxes by grossly undervaluing the assets they would pass on
Read 86 tweets
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Donald Trump has long sold himself as a self-made billionaire, but a New York Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s. nytimes.com/interactive/20…
"Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents"
"He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings."
Read 8 tweets

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