Trump unlikely to face consequences despite allegations of tax dodging

[DonViejo]

By AARON LORENZO 10/03/2018 02:31 PM EDT

President Donald Trump is unlikely to pay a legal or financial price even if new allegations of extensive tax dodging by him and his family are borne out.

Multiple factors could offer Trump a shield, not the least of which is time: The questionable practices outlined in a New York Times report happened so long ago that a case would be difficult to make today, especially given statutes of limitations.

“It’s certainly possible, although the age of these transactions raises some questions about whether any of it will be collectible,” said Beth Shapiro Kaufman, a former Treasury Department tax official who is now president of the law firm Caplin & Drysdale.

Nonetheless, New York state officials are probing the tax practices of Trump and his family following the report, published Tuesday. The Department of Taxation and Finance, which is responsible for investigating tax fraud, can collect fines and penalties and also refer criminal actions to the attorney general's office.

more
https://www.politico.com/story/2018/10/03/trump-consequences-unlikely-despite-tax-dodging-allegations-827484

[Cicada]

1. Oh well. But cheating after 2000 can be found by a dem house

Any house dem with jurisdiction over tax, finance, real estate can legally get copies of tax returns and can legally release them. Did the Trump crime family stop their felonious ways after Fred died? If not we can find fraud, so the statute of limitations will not bar civil penalties.
,

[bearsfootball516]

2. The story was important, but there was never a chance he suffered consequences from it.

[Chiquitita]

3. We will eventually see him in prison

For one or more of his many crimes. Link https://the collective consciousness ;.).

[dlk]

4. There's No Statute of Limitations for Filing a Fraudulent IRS Return

It remains to be seen whether or not Trump will be held accountable. He certainly could be.

[Zing Zing Zingbah]

5. When is he ever going to face consequences for anything?

Seems like he never has had any consequences for anything in his whole life and that's why he is such a POS.

[C_U_L8R]

6. NYS tax folks are aggressive

They will go after every penny plus penalties

[OnDoutside]

7. I heard a goodpoint about this today. Maybe it's too late for Fred-Donnie dealings, BUT maybe it

gives an indication/road map for an investigation of Donnie and his kids ? It worked once, why not again ? And these could be within the Statute of Limitations.