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Jury convicted the company has to pay up to 1.6 million fines. A rather small amount for this company.Still no charges for Trump. ABC TV news that I saw tries to give the impression we've got him now.
The IRS never found anything wrong with the company's returns.
I'm surprised no one else made a thread on this.
I saw this a bit ago. I was going to post it but immediately shot it down. The report was from CNN. I thought better than that. I know how rabid some Trumpsters are, especially when it comes to CNN.
I believe Trump is untouchable. Someone with all that money and support? People will be waiting a long time if and only if he is convicted in any form.
In his testimony Weisselberg said, “It was a benefit to the company but primarily it was due to my greed.” He told the jury that the company saved money by paying less taxes on his off-the-books compensation and acknowledged when asked by prosecutor Susan Hoffinger if, while his primary goal was to avoid taxes, it also created a benefit to the company.
“To some degree, yes,” Weisselberg testified.
Weisselberg said he and McConney knew at the time that the company would pay less payroll taxes through the scheme although he said they never discussed it explicitly.
The Trump attorneys argued, repeatedly, to the jury that “Weisselberg did it for Weisselberg” to emphasize that he was motivated solely by his personal greed.
On cross examination, Weisselberg agreed that the decision to not pay taxes was his and made solely to benefit himself.
“That was my intent,” Weisselberg said when questioned by the Trump attorneys, “to benefit myself.”
I remember when Spiro Agnew stepped down from his VP position after being convicted of tax fraud. No one should serve in Washington if they're guilty of this. Doesn't matter to me which political party they represent. I think there are more in DC that have done this sort of thing but haven't been exposed yet. It's the main reason I don't support politicians. They're just criminals in suits.
In his testimony Weisselberg said, “It was a benefit to the company but primarily it was due to my greed.” He told the jury that the company saved money by paying less taxes on his off-the-books compensation and acknowledged when asked by prosecutor Susan Hoffinger if, while his primary goal was to avoid taxes, it also created a benefit to the company.
“To some degree, yes,” Weisselberg testified.
Weisselberg said he and McConney knew at the time that the company would pay less payroll taxes through the scheme although he said they never discussed it explicitly.
The Trump attorneys argued, repeatedly, to the jury that “Weisselberg did it for Weisselberg” to emphasize that he was motivated solely by his personal greed.
On cross examination, Weisselberg agreed that the decision to not pay taxes was his and made solely to benefit himself.
“That was my intent,” Weisselberg said when questioned by the Trump attorneys, “to benefit myself.”
Trump had nothing to do with this.
Yes, you are quoting the defense argument. However, the jury rejected it. Recall, Mr. Weisselberg plead guilty to 15 counts of fraud, and was sentenced to five months in prison, five years probation. In exchange, he agreed to limited testimony at the trial (he would not testify concerning what Mr. Trump knew). There was other evidence showing that Mr. Trump signed off on certain aspects of the fraud.
I remember how Trump's children said that Mr. Trump knew everything that was going in his businesses. Of course, they may have been lying.
New York has a more significant civil case coming up (the most the two Trump entities can be fined in the criminal trial is 1.6 million), with the trial slated for next October. In that case, if civil fraud against Mr. Trump and his three eldest children is proven, they face fines of up to 250 million.
Plus, this criminal fraud case may interest the IRS.
Some are hoping this is the straw that finally takes Trump down. And some are thinking that the witch hunt just keeps rolling along.
Personally, I wonder how they managed to field a jury that really was unbiased in NYC.
Are you saying you don't trust the US Court system? Selection of jurors has to be agreed by the lawyers from both sides of the case. There is a process to ensure the jurors selected are capable of focusing on the law and the evidence presented.
I was pleased to see the results of this case. Rich people who get "free" apartments, cars and private school tuition paid for by their employer should not also get a break on income taxes. Those perks are considered compensation and require income tax to be paid.
The company failed to report that non-monetary compensation to the IRS and thus failed to send in the proper income tax to the government.
I don't think those perks were given just to Weisselberg. It would be very strange if Donald and his children didn't get similar perks. Where is the lawsuit on that?
Are you saying you don't trust the US Court system? Selection of jurors has to be agreed by the lawyers from both sides of the case. There is a process to ensure the jurors selected are capable of focusing on the law and the evidence presented.
That is NOT what I said.
I am well aware that both attorneys must approve the jurors. I just think the propensity of available jurors in New York probably do not have a favorable opinion of Trump.
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