Trump used $258,000 from his charity to settle legal problems

Discussion in 'Current Events' started by Electron, Sep 20, 2016.

  1. truth and justice

    truth and justice Well-Known Member

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    So not only he used other peoples donations to pay his fine but also means he has committed tax evasion by using a presumably tax exempt charity to payout for a private deal.
     
  2. truth and justice

    truth and justice Well-Known Member

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    It is tax evasion if using a tax exempt company to pay out on a contract on a taxable company unless there is an account trail showing these transactions across both of the accounts.
     
  3. Oldyoungin

    Oldyoungin Well-Known Member

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    Do you have evidence that he was charged with tax evasion?
     
  4. Deckel

    Deckel Well-Known Member Past Donor

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    It does not seem like that was the requirement at all or else the matter would not have been settled. I am sure they had to see proof of payment before the matter was ended.
     
  5. truth and justice

    truth and justice Well-Known Member

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    The corruption is worse than I thought now that I have read the OP link in full. He will probably try and bribe tax inspectors.
     
  6. Deckel

    Deckel Well-Known Member Past Donor

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    You are wrong about many things in your post, but your post does not address the issue I raised so it is superfluous anyway,
     
  7. truth and justice

    truth and justice Well-Known Member

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    Reading the link in the OP, it does seem that the contract was between Trump's business and the government agency. The daily fine was on his business. The government agency just stated that they received the money. It is up to Trump to account for the payments in his accounts
     
  8. Windigo

    Windigo Banned

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    Nope sorry not paying for services rendered. There is nothing here.
     
  9. Deckel

    Deckel Well-Known Member Past Donor

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    The government agency received a check made payable to the Fisher house from Donald's charity. It wasn't paid to the government. It should have been paid to the government. That is what fines are. The precedent being set is that prosecutors get to decide which charities are acceptable and which are not to them. The public whose money that was didn't get a say in the matter.
     
  10. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    It wasn't a fine. It was an agreement he made during a no-fault settlement. He wasn't trying to hide hit. If it is illegal. The IRS is asleep at the wheel.
     
  11. truth and justice

    truth and justice Well-Known Member

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    It initially was a fine:
    In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the height of a flagpole...... The town began to fine Trump, $1,250 a day.

    And the agreement was that Trump's club was to pay the fine:
    In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans.
     
  12. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    Trump sued the city back, for $20mm he would have kicked the (*)(*)(*)(*) out of them. They were suing him over a flag pole with the American flag on it. That's a well protected well established right to free speech. The two parties came to an agreement.
     
  13. truth and justice

    truth and justice Well-Known Member

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    And the agreement was between Trump's club and the city.
     
  14. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    Exactly trump agreed to donate money and drop the lawsuit, if they dropped their case, As a gesture of good faith he donated some money to a charity.
     
  15. truth and justice

    truth and justice Well-Known Member

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    That is the problem. He used money from a tax exempt company to pay out for a liability on Trump's club - if that is not declared on both tax returns then that is tax evasion. He did not donate money to charity - the charity did.

    Further, in company law, a person does not own a company - he is employed by that company. It is illegal to withdraw money out of a company for personal use without declaring it on the company tax return, so, no, he did not in "good faith he donated some money to a charity."
     
  16. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    I would agree with you, but I don't know the law. Are you a lawyer? Tax laws are complicated, and typical end in civil suits. He wasn't hiding it. The evidence was public record. It boggles my mind that if it is illegal it didn't come out before this.
     
  17. Windigo

    Windigo Banned

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    There was no fine. There was a no fault settlemdnt. The charitable 501C3 of the Trump Organization gave a donation to charity.
     
  18. truth and justice

    truth and justice Well-Known Member

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    So you are stating, from the link, that "In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans." is a lie?

    ie you are stating that the agreement was between trump's charity and the city, not Trump's club and the city and if so, why is the charity involved?
     
  19. Windigo

    Windigo Banned

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    Yes it's a (*)(*)(*)(*)ing lie. Thry WP has been conflating The Trump Organization, It's Subsidaries, and Donald Trump for months, they are too stupid to know what's what and most of their readers are too.

    They also conflate settlements, taxes, and fines.
     
  20. truth and justice

    truth and justice Well-Known Member

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    So if it is a lie then you are stating that the agreement was between trump's charity and the city, not Trump's club and the city and if so, why is the charity involved?
     
  21. Windigo

    Windigo Banned

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    Well the WP as usual won't release the settlement documents which means that they are stretching the truth. Thry have released 404 such documents but not this one. Why do you think that is? I find it hard to believe that a good city attorney would only bring in the subsidary, in the case of a settlement you almost always include the parent. The parent has the dealer pockets. Furthermore it is perfectly legal for the parent or another subsidary to pay.

    This is more different than when the WP called the standard 10% tax on political contributions a fine. Now they call it a "penalty tax". Which is something else they made up.
     
  22. Deckel

    Deckel Well-Known Member Past Donor

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    Flag poles are regulated. His was too tall. There is no "Freedom of Speech" aspect to the case. The issue was the pole was too high, not what was on it.
     
  23. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    It was an American flag. Not a flag with a big T on it. On his own property. Political speech is very well protected.
     
  24. Deckel

    Deckel Well-Known Member Past Donor

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    "In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the height of a flagpole."
     
  25. Danneskjold

    Danneskjold Well-Known Member Past Donor

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    That's nice. It was an American flag. Do you think Americans want people being fined for displaying it? There might be 20% who agrees with you. Other then that they don't.
     

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