July 1, 2021

"Donald J. Trump’s long-serving chief financial officer, Allen H. Weisselberg, surrendered on Thursday to the Manhattan district attorney’s office..."

"... as he and the Trump Organization prepared to face charges in connection with a tax investigation, people with knowledge of the matter said. The exact charges were not yet known."

The NYT reports.

Are Trump-haters salivating over this? It's just some failure to report perks as income, isn't it? It doesn't reach Trump himself, and they were straining to find something to pin on him. Seems like he'll be able to flaunt this as proof of his squeaky cleanliness.

8 comments:

Ann Althouse said...

Alex writes:

Donald Trump is one of the cleanest men in politics. Donald. Trump. This is the hell-world that we live in.

Joking aside, I look forward to the left's attempts to make this into the Scandal of the Century while simultaneously ignoring the fact that political campaigns and political offices are notorious for engaging in far worse sorts of corrupt kickbacks and under-the-table dealings. We're all supposed to pretend that politicians' kids are all election experts, skilled campaign consultants, or actually write best-selling children's books.

Ann Althouse said...

Wince sends a comment that requires you first to familiarize yourself with the song "Deus" by The Sugarcubes — video here, lyrics here.

He quotes my "Seems like he'll be able to flaunt this as proof of his squeaky cleanliness" and offers this:

My collar is huge room for two hands
They start at the chest and move slowly down
I thought I had seen everything
He wasn't white and fluffy
He just had side burns
He just had side burns
And a quiff
He said hi
I said hi, I was still clean
I was squeaky clean
I was surprised
Just as you would be

File under "Trump is like Jesus"

Ann Althouse said...

Tolkein writes:

Treasury Secretary-nominee Timothy Geithner has told a Senate panel at his confirmation hearing that his failure to pay $34,000 in taxes was a careless mistake. Despite questioning from lawmakers on the issue, Geithner has wide support from both parties. NPR 21 January, 2009.

But he was a Democrat, so it's different.

Ann Althouse said...

RD writes:

The Trump Organization is being indicted for an alleged violation of the taxable benefits and allowable expenses by a DA that is not in the IRS or State Tax Department?

Amazing since a large corporation like that is not treated like Joe Six-Pack's 1040 Form. Corporations as large as Trump's have their own dedicated IRS and NYS agents assigned to talk to, review, and question their entire Tax Return and Tax Payments. They and the corporation's tax accountants and tax lawyers spend the entire year discussing, reviewing nad even arguing over depreciation, income, revenue, and expenses both allowed and dis-allowed. They have the knowledge and experience and access to thousand of case notes, and Tax Court judgments. Does Cyrus Vance Jr., and his minions have as much experience in the Tax Code? I wonder how many corporate tax accountants and tax lawyers are looking at the alleged violations today, and saying "Oh Shorts! We do the exact same thing!" I also wonder how many IRS and NY State Department of Revenue agents are looking at the details of the alleged violations and saying "whaaaat?"

How long it will be before the entire case is dismissed? Will it be before or after Mr. Weisselberg is convicted?

The only thing more amazing is that they found nothing to hang on Donald Trump the person. A Man that made and lost Billions of Dollars in the last forty years. A man they hate and revile.

Ann Althouse said...

W writes:

"It's an invitation to Weisselberg to confabulate and make a deal. The Feds aren’t really interested in whatever he did. They just want leverage."

Ann Althouse said...

Ken writes:

"For years I have tried to tell Canadians (with little success) that in terms of American politics Trump is only “middling awful”. In particular that he was less corrupt in the usual peculation sense. Example: My former congressman was John Dingle. He retired with millions in GM stock, and led the GM bailout."

Ann Althouse said...

MikeR writes:

I think I've been saying this for years now, to scores of Trump-haters who always think that "the walls are closing in". If someone has tax lawyers - a lot of tax lawyers - it's pretty obvious that any problem will be theirs.

In any case, it's hard to imagine that they can make this stick as criminal. But they're already charging hundreds of 1/6 protestors with Federal crimes like Trespassing, so what do I know.

Of course, any decent human being should be objecting to that as an obvious injustice (https://redstate.com/leslie-mcadoo-gordon/2021/06/29/january-6-cases-being-treated-more-harshly-by-doj-n404096), but decent human beings are in short supply right now where politics is concerned.

Ann Althouse said...

Robert writes:

Tolkein writes:

Treasury Secretary-nominee Timothy Geithner has told a Senate panel at his confirmation hearing that his failure to pay $34,000 in taxes was a careless mistake. Despite questioning from lawmakers on the issue, Geithner has wide support from both parties. NPR 21 January, 2009.

But he was a Democrat, so it's different.

Actually, Geithner paid $34,023 in back taxes and $8,679 in interest. But another famous Democrat, luxury hotel owner and billionaire, Leona Helmsley, went to prison for evading $1.2 million of taxes in 1992 and was fined $7 million and was charged for 33 felony counts of fraud , tax evasion and filing a false tax return. The "Queen of Mean" said that "taxes and laws are for little people," so former Democrat Donald Trump had another poor teacher to mimic.

Weisselberg received $1.7 million in benefits in addition to his normal compensation over the years, which even now remains as unfiled income, so he was indicted by Cy Vance's Manhattan grand jury. Further, Weisselberg administered similar illegal tax avoidance policies granted to other Trump Company executives. Donald Trump personally signed checks paying for his CFO's apartment rent, 2 Mercedes, private tuition for the Weisselberg children and Lord-knows-whatall. All of this off-books detail was stored on spreadsheets in the finest Mafia tradition.

Stay tuned for Trump Company payments of $721,000 in consulting fees given to co-owner Ivanka in addition to her declared compensation reported to the government.