Donald Trump Tax Fraud: Accountant Jack Mitnick Claims Republican Bet Faked His Signature, Evade Taxes
Donald Trump Tax Fraud: Accountant Jack Mitnick Claims Republican Bet Faked His Signature, Evade Taxes
BY NATHANIEL ARTOSILLA EMAIL PUBLISHED: OCT 2, 2016 UPDATED: 11 HOURS AGO
Donald Trump could be in trouble after the New York Times revealed that the nominee could have avoided federal income taxes. Jack Mitnick, a lawyer and former accountant for Trump claims that the billionaire businessman cheated the government out of millions for almost two decades.
The previously unknown 80-year old quickly rose to fame after revealing details about Trump’s 1995 tax return. Mitnick spoke to the Times – on the record and exposed the candidate’s misconduct.
According to Heavy, Trump claimed a staggering income loss of $915,729,293 back in 1995. By utilizing a loophole known as “net operating loss,” Trump was able to fold his business losses into his personal income tax returns.
This means he was able to use the declared losses to from his businesses to cancel out his personal income tax obligations. This has been a common practice for wealthy Americans in order to pay the least amount of income tax.
Donald Trump Avoided Paying Federal Income Tax Accountant Returns
Jack Mitnick also revealed that Donald Trump might have faked his signature on his 1984 tax return. He served as Trump’s witness in a tax appeal case he filed in 1992.
Trump’s returns showed no income at all, but claimed $626,264 in expenses. A judge noted that the documents did not explain how significant expenses, without any concomitant income from his consulting business.
According to Mother Jones, a lawyer for Trump threatened the New York Times “prompt initiation of appropriate legal action.” According to them, the publication of the GOP nominee’s records was illegal.
The Trump campaign also responded to the report stating that “Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes.”
Trump’s finances have been the subject of speculation not just by the Clinton campaign but also his fellow Republicans. He has repeatedly refused to release his tax returns citing an ongoing audit as the reason.
http://www.morningnewsusa.com/donald-tr ... 09397.html
THE RIGHT WING
Financial Group Forced to Issue Apology After Giuliani Delivers Racist Comments at Dinner
CEO of the Commercial Finance Association apologized.
By Tom Boggioni / Raw Story October 1, 2016
A financial services trade group issued a formal apology to its members this week after former New York Mayor Rudy Giuliani made off-the-cuff racist comments during a speech to the group.
According to the New York Observer — a paper published by Donald Trump’s son-in-law Jared Kushner — Giuliani made comments about the kitchen staff working the dinner at New York’s Waldorf Astoria Hotel where the dinner was held.
Calling the Trump adviser’s remarks, “unscripted,” the CEO of the Commercial Finance Association apologized.
“At CFA’s 40 Under 40 Awards last Thursday night, keynote speaker Rudolph Giuliani veered sharply off course from the leadership message he agreed to deliver and presented unscripted personal opinions which were independent of CFA’s political position or core values,” CEO Bob Trojan wrote. “For those of you who were offended by Mr. Giuliani’s remarks, please accept my sincere apology.”
According to an attendee, Giuliani’s comments were met with silence.
“Rudy talked about immigration and made a really, really inappropriate comment about the quote-unquote Mexicans in the kitchen at the Waldorf,” the attendee said. “It was bad. You could hear a pin drop. I think he was looking for applause.”
The apology came one day after the International Council of Shopping Centers axed Giuliani as their keynote speaker at their annual conference after members complained about his rhetoric while on the campaign trail for GOP presidential nominee Donald Trump.
http://www.alternet.org/right-wing/fina ... nts-dinner
Phoenix Sends Donald Trump Cease-and-Desist Letter Over Ad Featuring Police Officers
http://abcnews.go.com/Politics/phoenix- ... d=42494089
