Weisselberg told a jury that Trump, 76, authorized untaxed benefits

rutgersdave

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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.
 

WeR0206

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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.
Yep you guys finally got him this time! Muellertime part 25!!
 

Obliviax

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In the end, it is the individual's responsibility to report income to the govt. In fact, in the case cited, the Trump org could have taken those expenditures as tax deductions. If they did, that is a problem for Tump. If they didn't it would be up to the beneficiary to claim those benefits and Trump lost out on a company deduction.
 

psuted

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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.

Weisselberg? What a joke.
 

bdgan

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In the end, it is the individual's responsibility to report income to the govt. In fact, in the case cited, the Trump org could have taken those expenditures as tax deductions. If they did, that is a problem for Tump. If they didn't it would be up to the beneficiary to claim those benefits and Trump lost out on a company deduction.
The company should report taxable fringe benefits on the employee's W-2.

Of course Weisselberg was the organization's accountant. That would have been his responsibility. Not the direct responsibility of the company president.

The fact that Trump signed the checks doesn't mean that he authorized illegal tax avoidance. I think there's a good chance that Weisselberg brought the idea to Trump.
 

Obliviax

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The company should report taxable fringe benefits on the employee's W-2.

Of course Weisselberg was the organization's accountant. That would have been his responsibility. Not the direct responsibility of the company president.

The fact that Trump signed the checks doesn't mean that he authorized illegal tax avoidance. I think there's a good chance that Weisselberg brought the idea to Trump.
Agreed but if Trump Org didn't report it as a deduction as part of pay, there are lots of games that can be played. We'll see. Seems to me that paying a kids college tuition isn't the worst thing someone can do in terms of hiding taxable income if it wasn't claimed on Trump's company education as payroll. Fact is, the Govt got their money because Trump would have taken it off of his company's income.
 

LionDeNittany

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Agreed but if Trump Org didn't report it as a deduction as part of pay, there are lots of games that can be played. We'll see. Seems to me that paying a kids college tuition isn't the worst thing someone can do in terms of hiding taxable income if it wasn't claimed on Trump's company education as payroll. Fact is, the Govt got their money because Trump would have taken it off of his company's income.

At the end of the day it took them several years to discover this "crime" and it's a truly minor offense.

How many people declare their rewards miles as income?
How about credit card rewards?

They aren't putting people in jail for these things.
 

NCHawk55

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Oh boy, here we go again. Just endless pathetic swinging by the left. Jeez just shut up, no one takes you seriously anymore.
 

gjbankos

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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.
It's gotta be exhausting to think you have this guy day after day to then realize you don't. I'll give you demons props - you are persistent idiots.
 

Obliviax

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At the end of the day it took them several years to discover this "crime" and it's a truly minor offense.

How many people declare their rewards miles as income?
How about credit card rewards?

They aren't putting people in jail for these things.
Agreed and in the court of public opinion, he paid some dude's kid's college tuition? Biden is doing that with his attempt grant kid's college loans. Wouldn't that also be income?
 
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LafayetteBear

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Yep you guys finally got him this time! Muellertime part 25!!
That's all you've got, Dr. Conspiracy Guy?! No fact based response? No post full of diagrams and arrows that purports to refute Donald Trump's complicity in this tax evasion scheme? You're slipping. Time for you to consult with Q. 🐘 🤡
 

2lion70

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In the end, it is the individual's responsibility to report income to the govt. In fact, in the case cited, the Trump org could have taken those expenditures as tax deductions. If they did, that is a problem for Tump. If they didn't it would be up to the beneficiary to claim those benefits and Trump lost out on a company deduction.
The organization has an obligation to report all income/expense items properly. To knowingly not report those payments as taxable to the employee they committed a fraud and underpaid their own taxes (payroll taxes). Tax fraud is a serious crime and impacts all of us.
 

Hotshoe

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Feb 15, 2012
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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.
Conviction. Lmao. This is as stupid as New York.
 
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Fayette_LION

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Weisselberg told a jury that Trump, 76, was not only aware of the untaxed benefits at the heart of the government’s criminal case against the Trump Organization, but he was the guy who authorized them, as it was ‘convenient for the company’ for Weisselberg and other senior employees to receive benefits and bonuses that were not declared as part of their regular salary.

On one occasion in 2012, the former president apparently signed checks for Weisselberg’s grandchildren’s private school tuition after Donald Trump Jr. had walked in with his own children’s tuition checks to have signed. “I may as well pay for your grandkids too,” Trump reportedly joked. Weisselberg added that he reduced his salary by the amount of the tuition in order to pay back the money, however this resulted not only in less taxable income for himself, but also for the Trump Organization by paying him less.

Sounds like a conviction. Republicans that weren’t going to vote for Trump should be happy.
www.yahoo.com

Weisselberg is / was the CFO. He has all of the financial responsibility to comply with the laws. Another case closed!
 
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bdgan

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That's all you've got, Dr. Conspiracy Guy?! No fact based response? No post full of diagrams and arrows that purports to refute Donald Trump's complicity in this tax evasion scheme? You're slipping. Time for you to consult with Q. 🐘 🤡
Dumb post. Why don't you post diagrams and arrows that purports to refute your complicity in a tax evasion scheme?
 

Hotshoe

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Feb 15, 2012
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The payments were compensation and subject to payroll taxes. That was the CFO's testimony under oath.
Big damn deal. Pay the taxes, case closed. Lmao at you thinking this is a big deal.
 

Hotshoe

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The payments were compensation and subject to payroll taxes. That was the CFO's testimony under oath.
Name a CEO responsible for payroll taxes? Oh boy! You got him now! You act like this is Enron nonsense.
 
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PSUEngineer89

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It’s crazy.

By treating Trump so dishonestly, so corruptly, you are forcing people to support him.
 

Hotshoe

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The payments were compensation and subject to payroll taxes. That was the CFO's testimony under oath.
You're one of the same fools that just knew, Giuliani was going to be prosecuted. Lmao. Folks like you are pathetic party fools. How much egg needs to be on y'alls faces? How much?
Where's you're buddy Troll12, NJ, Laughingstock at? Nowhere. Y'all nothing but con artists for your pathetic party.
 

Hotshoe

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Doesn’t matter, Trump might have enough for the primary but won’t have enough vote in the 2024 election.
And yet, you posted this nonsense, and haven't a clue regarding payroll taxes, gifts, or anything regarding this. As ignorant as 2Lyin. Both of you are clueless.
 
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LafayetteBear

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The organization has an obligation to report all income/expense items properly. To knowingly not report those payments as taxable to the employee they committed a fraud and underpaid their own taxes (payroll taxes). Tax fraud is a serious crime and impacts all of us.
It would be an amusing parallel if the Feds nailed Cheeto for tax fraud in the same way they nailed Al Capone. Too bad Alcatraz is no longer a functioning federal prison. ("Cast him down with Pard and the other Sodomites!")
 
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