I paid several times more in income taxes last year than Donald Trump, even though he had a personal income of more than $450 million nyti.ms/3jmgeBf
It turns out Trump has been fighting an IRS audit for a decade. Losing it could cost him $100 million.
It's refreshing to learn, for once that he wasn't lying about something (though the existence of the audit was never a valid excuse not to release his tax returns)
THIS IS EXACTLY WHY HE SHOULD HAVE LONG AGO RELEASED HIS TAX RETURNS!
"Ultimately, Mr. Trump has been more successful playing a business mogul [on TV] than being one in real life."
🤔🤔🤔
Did we know Trump made $5 million in Azerbaijan?
(This is the deal he was working on while running for president with a corrupt Azerbaijani family that, as @adamdavidson reported in 2017, is known to be financed by the Iranian Revolutionary Guard)
One of Trump's main arguments against releasing his returns is has been that no one would understand them.
Passages like these in the NYT's reports shatter that claim.
President Trump appears to have reduced his taxable income by treating Ivanka as a consultant on hotel deals that she helped manage as part of her job at the Trump organization, and then deducting the fee as a cost of doing business.
"If the payments to his daughter were compensation for work, it is not clear why Mr. Trump would do it in this form, other than to reduce his own tax liability."
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Trump’s Truth Social got an $8 million cash injection that it never disclosed from an unknown source tied to a shady, porn-friendly bank in the Caribbean run by a Russian entrepreneur who has recently started buying up multimillion dollar houses in Miami washingtonpost.com/technology/202…
For those playing along at home, the front runner to be the Party of Family Values’ nominee for president not only had an affair with a porn star while his third wife nursed his fifth child, but his company is also propped up by money tied a bank that facilitates porn payments
Try to imagine the orgasmic frenzy that would erupt on the right of Joe Biden had a failing company kept alive by an anonymous $8 million investment tied to a shady bank run by Russians that helps process payments for the porn industry
My first question is WHICH TX school shooting is he talking about? Uvalde? Santa Fe? Or did he mean to say Tennessee? Which is what the tweet that I presume he was referring to was about?
If you didn’t see the outpouring of protest and rage after all of these shootings, especially Tennessee, then I would strongly encouraging you to reevaluate your news diet.
The George Santos indictment appears to raise one of the threads of the early Santos saga that I hadn't thought about in a while: Redstone Strategies, the company that Santos appears to have variously described as an LLC, a super PAC, and a dark money group to different donors
On the left is NYT description where Santos describes Redstone as a super PAC ("independent expenditure only cmte"), and the right is the indictment showing that the money went to a "company #1" (i.e. not a super PAC).
Even if it was a super PAC, it would have been illegal for Santos to ask for that much money from a donor on behalf of the super PAC.
Crow calls the ProPublica report a "political hit job" by a group that's "funded by leftists." But ProPublica—which was founded by a former WSJ publisher and managing editor—provided Crow a detailed list of questions and printed his responses in full dallasnews.com/news/2023/04/1…
“It’s worth noting that he and Justice Thomas were given detailed, written questions in advance of our stories. Thomas declined to respond. Crow’s answers were included in full. He questioned none of the facts we reported.” - Stephen Engelberg, editor in chief of ProPublica
Reporter: Would Crow be friends with Thomas if he weren’t a Supreme Court justice?
Crow: “It’s an interesting, good question. I don’t know how to answer that. Maybe not. Maybe yes. I don’t know.”
As Republicans in Congress dig into the minutia of Hunter Biden's business deals in China, they remain completely unperturbed by the millions in income from China that Trump kept hidden during his presidency, even lying about when he closed his Chinese bank account
"And: House Oversight was handed documents showing how foreign actors spent money with the Trump Organization as they sought to influence Trump’s administration, while he was in office. But under Comer’s leadership, that document production ended." washingtonpost.com/politics/2023/…
1/ One of several notable details from Trump's financial disclosure obtained by @CREWcrew today was this valuation of Seven Springs. It potentially VASTLY overstates the actual value of the property, which is important because the NY AG is currently suing him for potential fraud
2/ Notice that the reported valuation of the property is "Over $50 million." It caught my eye because the Seven Springs property is the subject of a lawsuit filed last September by @NewYorkStateAG alleging potential financial fraud by Trump's businesses ag.ny.gov/press-release/…
3/ The NY AG lawsuit referenced the Trump Organization's valuations of the property, stating that "All of these values were a fiction, totally unsupported by the development history of the property and contradicted by every professional valuation of the property."