ABC Uncovers Financial Fraud On Trump’s Election Forms In Attempt To Evade Taxes

[KamaAina]

http://bipartisanreport.com/2016/05/16/breaking-abc-uncovers-financial-fraud-on-trumps-election-forms-in-attempt-to-evade-taxes-video/

Whether Donald Trump is evading taxes on one of his properties, or committing fraud to make it look like he is wealthier than he is, the fact is that Donald Trump just got busted lying on the form he filled out in order to become a candidate for the presidency. According to some news outlets, this may be the reason the FBI has not released The Donald’s tax returns to the public.

Basically, The Donald has been bragging about the value of his country club in New York, The Trump National Golf Club, saying that it is worth $50 million on his candidacy form. The catch is that his lawyer claims the value is closer to $1.5 million in tax documents. Regarless of whether the lawyer is lying and Trump is just trying to avoid paying the property taxes on the golf course, or Trump is lying about the value just to save face, it is still viewed as a form of fraud to put that information on an official government document....

This may be the reason the IRS has not released Trump’s tax documents, and it is definitely the reason Trump himself gets visibly uncomfortable just mentioning his returns. According to ABC, this is not the first time trump has been caught trying to evade paying taxes.

According to ABC, “When Trump purchased one of the most expensive luxury yachts in the world from the Sultan of Brunei, “The Princess,” he used a lease-back arrangement involving an out-of-state company to avoid having to pay $1.75 million in sales tax to the state of New Jersey for the purchase of the yacht.”

I'm shocked, shocked to find out that tax evasion has been going on in this establishment!

[pnwmom]

1. I doubt that the IRS can legally release anyone's tax documents. But this might be a reason

that Trump is being audited. However, Trump himself is free to release his own tax returns.

[AgerolanAmerican]

2. Sadly, we won't be able to use this one against him effectively

because what has been going on with the Clinton Foundation is at least as stinky

if only we had a candidate without those weaknesses...

[Skittles]

5. if only we had more choices

[Bangbangdem]

8. Hey. Get out

Who are they trying to fool? You?

[world wide wally]

10. Hillary released her tax form

[AgerolanAmerican]

12. Try the Clinton Foundation

http://www.reuters.com/article/us-usa-election-clinton-taxes-exclusive-idUSKBN0NE0CA20150423

This can of worms hasn't really even been opened yet. She's got so many scandals, she has to queue them up for the future since the present day is saturated with her scandals already.

[world wide wally]

22. I hate to upset your bomb throwing apple cart, but you should at least be aware of reality

As much as you want to paint her as the creature of the Black Lagoon, Clinton was a pretty good President, albeit not perfect. However, the Clinton Fondation has done more to help the poor and feed the hungry around the world than all 16 GOP candidates, Trump, and Berne combined.
When facts come out about Trump, people like you immediately turn it into speculation about Hillary.
But, one way or another, you are either going to most likely make a joined between her and Trump. If that's not enough for you, I suggest you go to Free Republic where they have appreciated Hillary bashing for however long they have been around.

[RepubliCON-Watch]

3. So Hillary, about those transcr...oh I forgot

iwilllookintoit.com

[jberryhill]

4. "This may be the reason the IRS has not released Trump’s tax documents"

Wtf is that supposed to mean? The IRS doesn't "release" anyone's tax information.

[stevenleser]

6. Yeah, much as I would like to believe this article, some of the stuff written is goofy.

The main crux regarding the tax issue is obviously right as per ABC but a lot of the rest is nonsense.

[Bangbangdem]

9. Alright.

Just keep believing what you've said. It's a good one.

[jberryhill]

13. The story repeats this form of sentence twice

"this may be the reason the FBI has not released The Donald’s tax returns to the public"

"This may be the reason the IRS has not released Trump’s tax documents"

Okay, both of those sentences appear in the OP. Not only are they contradictory, but neither one of them makes sense by itself since neither the IRS nor the FBI releases anyone's tax information to anyone. The piece is written by someone who was making shit up and couldn't decide between the FBI and the IRS, because they WROTE THE SAME SENTENCE TWICE.

[thesquanderer]

14. Also, the property value is not the same as the business value.

The linked article talks about "when it came time to value the property for tax purposes" -- but it is certainly expected that the property (the land and structure, for purposes of determining property tax) could be far less than the value of the country club business that is operating on that property. Without more info, there's just nothing here at all.

[jberryhill]

16. Oh, duh, yeah...

The value of real property for tax assessment purposes and the value of real property for commercial purposes are usually wildly different things. I was distracted by the other nonsense that I didn't notice it doesn't make much sense substantively either.

But, yeah... you are of course correct.

[Midnight Writer]

11. Yes. Bizarre story. Especially the bit about the FBI not releasing tax info.

[malaise]

15. I posted about this yesterday

Loophole Don the Con strikes again. He is a despicable human being. That lil town will fix his business

[spanone]

17. why isn't this posted on ABC NEWS website....?

[leftynyc]

18. What the hell does this even mean?

Whether Donald Trump is evading taxes on one of his properties, or committing fraud to make it look like he is wealthier than he is, the fact is that Donald Trump just got busted lying on the form he filled out in order to become a candidate for the presidency. According to some news outlets, this may be the reason the FBI has not released The Donald’s tax returns to the public.

Since when does the FBI have donnie's taxes and they would NEVER be able to release them to the public. Neither would the IRS for that matter. Who wrote this tripe?

[KamaAina]

19. Pearson McKinney.

Whoever that is.

[leftynyc]

20. Here is the original article on ABC News

http://abcnews.go.com/Politics/time-donald-trump-undersells-tax-time/story?id=39133709

I don't see anything about the bullshit regarding the FBI (?!!) or the IRS not releasing his tax returns.

[former9thward]

21. The OP mentions the FBI and then the IRS.

Which is it? They are not the same although the OP does not seem to realize that. Not that it matters because neither is allowed to release tax forms.