Ivanka Trump's Starring Role in Her Father's Financial Troubles

[Nevilledog]

Link to tweet

https://newrepublic.com/article/159546/ivanka-trump-tax-evasion-foreign-corruption

For four years, Donald Trump’s tax returns have been the white whale of political journalists and the most sought-after material of any presidency this side of Richard Nixon’s Watergate tapes. Naturally, when The New York Times obtained and published the trove, it was an epochal moment for the media and a major headache for Trump himself. The material the president said he couldn’t and wouldn’t release was suddenly out in the world, and it was immediately clear why he’d endeavored to conceal the goods: This self-described billionaire paid a total of $750 in federal income taxes the year he entered the White House—and none at all in 10 of the 15 years beforehand. The documents revealed that Trump was facing a possible $100 million tax penalty, on top of personal liability to the tune of $400 million in loans and debts.

But buried in the details, tucked between the revelations of foreign financing and piling losses, stood another reason Trump worried about the returns leaking into the public arena. The tax returns pointed to a curious, and potentially criminal, bit of accounting sleight of hand that roped in what matters most to Trump: Ivanka.

Per the Times, Trump’s filings showed that some of the millions of dollars in consulting fees listed just happened to line up with filings attached to his daughter’s own financial disclosures. Ivanka, who remains a special adviser to her father, “had been an executive officer of the Trump companies that received profits from and paid the consulting fees for both projects—meaning she appears to have been treated as a consultant on the same hotel deals that she helped manage as part of her job at her father’s business.” With the filings and funds bouncing between the Trump Organization and a Delaware LLC and straight into Ivanka’s pockets, Trump appears to have “reduced his taxable income by treating a family member as a consultant, and then deducting the fee as a cost of doing business.”

Or put another way: Trump appears to have spun Ivanka, a lieutenant in his paper empire, as a mere consultant as a means of gutting his taxable income. Suffice it to say, the maneuver is not simply highly unethical but likely illegal. In years past, the IRS has pursued civil penalties against others for devising just such schemes. Nor would Trump likely be the only party liable. After all, tax fraud schemes like this always require witting partners on both ends of the payment. And what better partner in a scam to defraud the IRS—and, by extension, the American taxpayer—than a daughter who appears eager to follow in her crooked father’s footsteps?

*snip*

[NCjack]

1. Lock 'er up!

[dalton99a]

2. The Evil Princess is as much a schemer as he is

[iluvtennis]

4. + 1 nt

[niyad]

8. On a superficial note- do daughter and nude escort have the same plastic surgeon? Looking at that

pic of spawn two, and recalling the pic of nude escort from the drug post earlier, their cheekbones look identical.

[dalton99a]

10. Not sure if she had a cheek job

[niyad]

14. I was looking specifically at the goya bean pic above, and the pic of the nude escort in a thread

here earlier today about her drug abuse project. A half profile pic in both.

[maddiemom]

18. I'm on the lookout for ANY previous POTUS or his family being shown in ANY pictures such as these...

I'm pretty sure the (Foreign) Emoluments clause in the Constitution really doesn't cover anything so unforseeable at the time. I really thought we'd have heard a lot more about this;; which is a little more egregious than a tan suit. Is that the Resolute desk?!

[dalton99a]

19. Yes.

[matt819]

3. And yet. . .

she's free as a bird.

Is there a betting line on the trump family moving to a country with no extradition treaty with the US? That could be important from January 21, 2021 onward.

[judesedit]

11. My thought exactly.They're readying their yachts and private island homes now to move in

at a moment's notice. They can't leave soon enough for me. Every last one of them. Wouldn't it be funny if Barron turned on them?

[ooky]

12. That's what I have always expected them to do. They will need a new place to steal.

I don't think any of them will still be in this country on Jan. 21. They'll be off to a new country where they can set up new larceny operations.

[ffr]

5. And when they haul the grifting whores away, they'll be crying asking for forgiveness

Never once considering the harm and hardships they've caused to countless others. THESE PEOPLE ARE DESPICABLE!

[ancianita]

6. All the women he knows pay the price for any relationship they have with him.

Short term or long term, stranger or family, he wouldn't be with them if they weren't useful to him. Even his own children.

[NNadir]

7. My guess is the whole klan will die in prison.

Jared too.

[SunSeeker]

17. From your lips to God's ears. nt

[Illumination]

21. Music to my ears!...

[niyad]

9. The article says that spawn two is important to traitor tot. I am guessing that nothing is more

important to grifter in chief than himself. How quickly would he throw her under the bus if he thought that, by doing so, he could save himself?

[ace3csusm]

13. Im see a split screen like Godfather

- One Screen of Biden being sworn in..
- Another of the the FBI knocking on the Trump family doors being arrested
-Trump being dragged away yell fake news it was Hillary
-Trump Jr with white powder on his face crying since Kimberly left when they loss election and yell daddy never hugged me...
-Eric thinks its his protection detail and just thinks he is going to zoo
-Ivanka throws her husband under bus but is notified they have a warrant him tooo

[VWolf]

15. She reminds me

of Elektra King, from The World is Not Enough, only dumber.

[SunSeeker]

16. K & R & Retweeted!

[colorado_ufo]

20. What really strengthens the case against Trump for this is his business structure.

It is "sole proprietorship" on a massive scale, so to speak. Trump never set up C-corps, which could have distanced him from some of these problems. That would have involved a lot of financial transparency and prevented so many of the financial shenanigans that he, and obviously his accountant, liked to employ.

The financial tricks, the lies, the overvalues, the inappropriate deductions, the deceptions, the debts, the foreign entanglements, the lack of a trust, the emoluments clause, the potential money laundering, potential bank fraud, potential tax fraud - Trump is hanging by his financial ass.

But you gotta give him credit - he was willing to go on international TV and totally abase himself in a presidential debate in order to deflect from this white-hot NYT story. The man knows how to con.