politics @lemmy.worldEnglish · 11 months ago

Trump Caught Moving Money Around to Pay Massive Tax Bill

www.thedailybeast.com

cross-posted to:
politics@lemmy.world

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Trump Caught Moving Money Around to Pay Massive Tax Bill

www.thedailybeast.com

spaceghoti@lemmy.one to

politics @lemmy.worldEnglish · 11 months ago

cross-posted to:
politics@lemmy.world

Trump wasn't supposed to be moving significant amounts of money around without notifying a court-appointed auditor. He just got caught paying himself so he could pay his taxes.

A court-ordered financial auditor has caught Donald Trump quietly moving $40 million from the Trump Organization into a personal bank account—seemingly so the former president could pay his whopping $29 million tax bill.

Trump isn’t supposed to be moving any money around without alerting Barbara S. Jones, a former federal judge in New York tasked with babysitting the Trump Organization for its relentlessly shady business practices. But on Wednesday, she notified a New York state court about some major bank transfers that were never brought to her attention by the Trumps.

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11 months ago
He does now. Most of his ability to dodge taxes is either under investigation or shut down right now. Being under 91 active indictments isn’t the best time to be cheating on your taxes, but this is Trump after all…

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