Thread by @DirkSchwenk

If Weisselberg and his son were being paid off books ... what are the chances that Trump and his sons (and Ivanqa) were being paid off books?

https://twitter.com/JenniferJJacobs/status/1410663184336359428

Come to think of it, don't ALL the executives of Trump Org live in housing owned by Trump Org? It seems like that might be a tangible, taxable perquisite. businessinsider.com/donald-trump-p…

Just as I thought (now that I'm thinking about it) - housing is a taxable fringe benefit unless fairly strict exceptions apply. corporatehousing.com/blog/corporate…

OK, this indictment is SUPER FUN. They had a whole scheme to avoid federal, state and local taxes of which Weisselberg was "one of the" biggest beneficiaries. Reading now: documentcloud.org/documents/2098… h/t @clearing_fog

So typical of tax evaders - they won't even pay their own cable bill.

So typical of Trump - engage in a criminal scheme and it's not even a bonus to the employee - it's a deduction from his compensation, tracked on internal spreadsheets.

Dmbfx was engaged in a criminal scheme to avoid paying tax on $100,000 per year ... so the direct benefit to him was on $35,000 per year. I haven't seen what his full pay was, but I am sure it was over $1,000,000. So he's going down for pennies on the dollar.

For all those asking how Trump gets people to commit crimes for him, and then take the rap for him ... Weisselberg was engaged in a criminal conspiracy. I've said it before - Trump chooses to surround himself with criminals he can control.

https://twitter.com/DirkSchwenk/status/1393423832069849088?s=20

Indictment moves on to payment for tuition for Weisselberg's grandkids. WHO PAID BARON'S TUITION?

One thing is clear, the NYAG has spreadsheets that Trump Org used to track internal, untaxed compensation for Weisselberg and his son. Betcha money that Ivanqa is on there.

"two other" Trump Org employees knowingly received off books housing and cars and also failed to pay NY City tax.

NYAG tags Wollman Rink, Mar a Lago, and other entities as engaging in a scheme to disguise regular income as (tax withheld) non-employee compensation (for which tax is not withheld).

Weisselberg's annual compensation was $940,000. That's pretty low for a CFO of a major developer based in NY. What a fool.

And there's at least one unindicted co-conspirator.

All accounts that I have ever heard of the Trump Org confirm that he tracked every dime that went in or out. Hopefully there is proof that he knew about this system and signed off it. Here's to that. Dirk out.