Mika Brzezinski: “According To The Special Investigation, Trump Is Earning $200,000 In Today’s Money By The Age Of Three And Was A Millionaire By The Age Of 8.” MIKA BRZEZINSKI: “President trump did plenty of impressions last night, including repeatedly mocking the memory of Dr. Christine blasey Ford who has accused supreme court nominee Brett Kavanaugh of sexually assaulting her as a one thing he did not bring up was that sweeping expose. The headline is jarring, quote, trump ebb gauge in suspect tax schemes as he reaped riches from his father. According to the special investigation, trump is earning $200,000 in today’s money by the age of three and was a millionaire by the age of 8.” [Morning Joe, MSNBC, 10/3/18; VIDEO]
Willie Geist: “But The Long And Short Of It Is According To The New York Times, Through Tax Schemes, Donald Trump And His Family, He Arrived At About $413 Million From His Father, Not The $1 Million Loan He Suggested.” [Morning Joe, MSNBC, 10/3/18; VIDEO]
Mika Brzezinski: “He Also Helped Formulate A Strategy To Undervalue His Parents’ Real Estate Holdings By Hundreds Of Millions Of Dollars On Tax Returns, Sharply Reducing The Tax Bill When Those Properties Were Transferred To Him And His Siblings.” MIKA BRZEZINSKI: “New York Times expose that appears to shatter the president’s claim of being a self-made billionaire while implicating him in sketchy, possibly illegal tax schemes. The 19 month long investigation found that temp received today’s equivalent of $400 million from his father’s real estate empire beginning as a toddler and continuing to this day. As the “Times” reports much of the money came from trump because he helped his parents dodge taxes in the 1990s. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show, records indicate that trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. Tax experts tell the “Times” that the president is unlikely to face criminal prosecution for tax evasion because the statute of limitations has passed on any possible wrongdoing. But as the “Times” reports, there is no time limit on civil fines for tax frauds. The New York state damages department is reviewing the allegations.” [Morning Joe, MSNBC, 10/3/18; VIDEO] Continue reading “Want to Know More About: The Trump Family’s Tax Scheme”
