Specific dollar amounts of Weisselberg tax evasion scheme

[zuul]

That f*cker received both federal and state refunds!!!

Jennifer Taub @jentaub

Weisselberg . . .evaded approximately $556,385 in federal taxes . . . $106,568 in state taxes, and . . . $238,159 in New York City taxes, and he falsely claimed and received . . . $94,902 in federal tax refunds and . . $38,222 in state tax refunds, to which he was not entitled. Total: $1,034,236

1:49 PM · Jul 1, 2021

Link to tweet

[Scrivener7]

1. Is that Weisselberg personally or Weisselberg on behalf of the organization?

[FakeNoose]

7. I think this is about the free condo and other benefits

... that he receives from the Chump Organization in lieu of receiving a higher salary.

So instead of paying him (for example) $1 million per year salary, they pay him $500K plus a free condo that's worth a lot more. But Allen W. only pays taxes on the $500K salary and never reports the "other" income. I'm over-simplifying this, but it's just to make the example. It's more involved and it goes back to when he first became an executive in the organization.

Also there's mutual back-scratching going on because Chump himself is doing the same thing as Allen, and I'm sure the kiddies are doing it too.

[Delmette2.0]

9. Trump Org. was having some cash flow problems?

[Scrivener7]

20. Oooh. Nice. It looks bad for him.

[no_hypocrisy]

2. Even if the prosecutors can't prove payroll tax evasion as the basis,

there's the argument that it was gift tax evasion.

[Ilsa]

3. I wonder what the other $700,000 was from? nt

[C_U_L8R]

4. Just imagine how much the kids hauled in.

There’s no squirming out of this.

[intrepidity]

5. Right?

Totally inconceivable that they'd let an 'outsider' get such perks without themselves first filling their bags.

[gratuitous]

6. Consider how much money has passed through Weisselberg's hands

Probably in the hundreds of millions. Maybe more. And yet he had to chisel the federal government for $95,000 in bogus refunds and the state for another $38,000. Mere peanuts considering his personal wealth, but he had to grab for it. The wealthy don't deserve tax cuts; too much is never enough, and they always want more, to the detriment of the country and its people.

[monkeyman1]

8. just think what the rug -rat's is thinking in their little privileged brain's!! - next !

[CCExile]

10. I'm old enough to think that's huge amount, and more than I'll ever have at one time,

but it sounds kind of paltry these days, especially for bringing down the low and mighty.

[NJCher]

16. so since it's paltry

do you think they should just let him get away with it?

[CCExile]

22. Never! Just surprised, that's all.

[Scottie Mom]

11. Wiesselberg...he needs to kiss his ass goodbye or cooperate.

IMO, that amount of tax fraud, it will be a life sentence for him. And they are looking at what his family got and they are the next targets.

He needs to take this seriously: He is looking at dying in prison and having his children do prison time. These prosecutors not only have the goods, they are fucking serious.

Hey, Fool, cooperate...this is NOT going away and it's mega serious. tRump is NOT your pal. He will put you, his kiddos, all of this wives and God in jail before anyone gets to him.

[AllaN01Bear]

12. the real ponzi schemes . hidden

[ffr]

13. "Justice delayed is justice denied"

- Chief Perry Bellegarde
First Nations

[Martin68]

14. You can bet this was the tip of their tax evasion iceberg...

[Chainfire]

15. That is just the monies that they were careless with.

They may have gotten away with a hell of a lot more.

If I defrauded the IRS out of $1,000.00, I would most likely spend time in club fed. Weisselberg will probably just have to give part of it back and promise not to do it again.

[Tiger8]

17. Weisselberg - cursing the day TFG ran for president

You know he was sitting there in handcuffs cursing TFG for violating RULE #1 for scammers: Keep a low profile.

[Historic NY]

18. Stop the Steal, by making Trump Squeal.

Remember, it was the taxes that got Al Capone. It also got the Veterans Administration the land for one of the largest VA hospital in the country at Bay Pines Va Hospital Fl.

[Kablooie]

19. How does this rise to criminal behavior?

It seems like a civil case where he would have to pay back double, 2 million or so, to resolve it.
This happens all the time and is resolved in civil courts with no one doing jail time.

What makes this case different?
(Other than they want to get to Trump so they up the stakes.)

[Skittles]

21. OK that just looks like really small potatoes

that's what they are talking about, when referring to someone who worked for TRUMP?