Protest in Washington DC today: one person... LOL

Those guys are in jail on a conspiracy rap...

 

Yet they have zero evidence of crime of any sort that would stand up on an honest court room.

 

That remains to be seen. NY prosecutors are looking into his tax reporting, bumping up the value of his properties when it's convincing, and bring it down when it's convincing which is considered to be tax fraud. We'll see.

 

Perhaps Soros had other things for Antifa to do.

 

I can only pity whoever believes that 1/6/2020 was done by Antifa. Here, a piece on this with some humor: "We did it, Antifas! We grew neck beards, got shitty tattoos, bought MAGA merch, and stormed the Capitol to stop the process of an election we've won already. And kudos to the White Chicks make-up crew who made us look like dumpy white men."

See, the people arrested and indicted have lives, acquaintances, social media, a long history online and in their community, and the FBI knows who they are now; and acquaintances and social media show abundant evidence of ties to extreme right ideology. So, no, not Antifa.

Next.

 

And property values change all the time. Often depending on what's inside the building. It's called a property tax not a building tax for a reason.

 

LOL! Funny how some Antifa members were arrested......

 

So, you know this for a fact, that he acted all legitimately? Are you an accountant with access to his books? Are you a tax lawyer with access to his returns? Because clearly, what you are saying is not what the New York State prosecutors are thinking. So, just wait and see.

 

Yeah, pal, they were Antifa... dream on.

 

What are you talking about?
Under GAAP, fixed assets reside on a balance sheet at cost until the item was depreciated or sold. You can’t adjust the value of your asset on the books just because it’s market value changed. Did NY prosecutors consult a local CPA about the feasibility of these claims?

 

No I'm not his tax accountant but I don't have to be to know that property values are effected by a wide variety things and can change drastically for a wide variety of reasons. Nor do I have to be a lawyer to recognize prosecutorial Harassment when I see it.

 

I have a degree in accounting and one of my prior titles was director of finance.
Either, you misunderstood the NY prosecutor, or the NY prosecutor has no idea what he/she is doing and is engaging in some self-serving political BS that has absolutely no possibility of surviving in real court.

 

I don't know. I'm not a specialist on this. They seem to think they have a case, so they must know the specifics. They went to law school and specialized in these matters. I didn't. If you want to ask me about medical matters I'll be a lot more certain (to the limit possible; Medicine is a vast applied science) and will have my own professional sources outside of the MSM to inform my judgment, but about legal matters, I'm subject to just trying my best to get informed of what is going on, and this information will necessarily come from the media because I'm not there in person to verify or access the info. So, the media being biased, maybe I'm being fed the wrong information. But yes, as far as I know, the prosecutors in NY seem to believe that they have a case. We'll see.

 

OK, if you are an accountant, then I defer to your superior expertise. Given that I'm not, it is entirely possible that I misunderstood what they said. But again, they are proceeding, so I assume they have a case; maybe not the case I thought they have. That's why I said we need to wait and see. They probably aren't showing all their cards. But if they take something to the grand jury and indict, and a trial starts, then we will know the specifics. Until then, we should probably withhold judgment, don't you think? As much as I guessed that he may be guilty of tax evasion and tax fraud, you are guessing that he is not. Despite your degree, neither you nor me have access to what the prosecutors have in hands. So, we should both wait.

 

All I’m saying is that these charges from the NY prosecutors make very little sense to anyone who knows accounting. Each business tax return is filed with the balance sheet, on which all asset balances are visible. The balance sheet is compared to prior years balance sheet on the same return. Any monkey business with fixed assets and retained earnings will be immediately visible to anyone who knows what to look for.
Granted, knowing Trump’s behavior, it’s perfectly normal for him to ask his CPA to do things that will benefit him the most, just like it’s OK for any criminal to ask their lawyer to get the state to set them free and drop all charges - just because you ask for something doesn’t mean you will actually get it. If a CPA somehow went against all laws and GAAP and adjusted the properties to reflect fair market value then the crime was not committed by Trump - it was committed by the CPA who is supposed to know the rules and regulations, the CPA who put their name and the name of their firm on Trump’s tax return.
So, whatever it is that the NY prosecutors and leftist media are looking for in this case, Trump cannot be charged with any crime because he could not commit a crime even if he wanted to, as no CPA or a tax attorney would risk their income, career, reputation, and freedom to place their stamp of approval on a tax return that they know violates the tax laws and norms of GAAP.
I suspect the prosecutors will quietly drop the investigation fairly soon, as this case has absolutely no chance of survival in court and seem to only cause an uproar among those who have no idea what they are being presented with. I guess, what should we expect when our mass media is so biased that they can’t even bring a real professional on the air to openly point out major flaws with these accusations? We live in a post-truth world now, feelings are more important than actual facts.

 

I respect what you saying, and you may very well be correct. However I wouldn't be that confident that professionals engaged by Trump operate truthfully and within the law. We've seen his "fixer" attorney charged with crimes and arrested. Anyway, if I understand correctly, the person who is the object of a tax return is supposed to read it over before he/she signs and his/her signature attests that whatever the CPA came up with it all good. Ignoring the law is no excuse for breaking the law as I'm sure you know. So I'm not sure if the CPA alone would be held responsible but not Trump.

 

I work for a company with 150 employees. We sell our stuff in almost all states. My employer is considered to be a medium sized business. My area is business intelligence - I combine my accounting skills with computer programming skills to develop and maintain reporting tools. Guys like me provide all financial reporting packages to CEOs and the owners.
So, having said that, each year our company has:
5-10 state sales tax audits.
3-4 state income tax audits.
1 audit for our primary lender.
1 review by a CPA firm to give confidence to our board that our CFO and CEO don’t fudge the books.

On some years we have even more crap to deal with. So, if a medium sized company has to open up its books to a government entity or some other stakeholder so many times each year, what do you think are the odds that a billionaire company would engage in fudging their books about something that is extremely easy to verify, like adjusting fixed assets to market values, something that should be carried at cost and can be easily verified against public records related to real estate transactions? Judging from my own real life experience, the odds of this happening are infinitely close to 0.

 

I think you have convinced me.

 

Ah, if you had mentioned Parler then I probably would have remembered the post you were referring to....

http://www.politicalforum.com/index...his-qanon-thing.583880/page-3#post-1072379650

 

Yep, that one. Thanks.