From this day forth he shall be known as Halfman Jenkins
Lots of rich people play the game of legal tax avoidance; and that is in many ways the larger social problem. But the New York Times story accuses the Trumps of criminal tax evasion and outright fraud.
If it were merely an aggressive, well-counseled tax strategy, then the Trumps’ people would almost certainly be on tv waving around, or at least alluding to the existence of, a tax opinion on some fancy law firm’s letterhead that says it’s all in the sunny side of the law.
In all likelihood, the reason they’re not hiding behind their 1990s lawyers’ blessing is they don’t have a tax opinion. They don’t have one because they didn’t get one because they knew what they were doing was illegal. Even Wall Street Journal editorial writers should get that.
