No many people seemed to know what Trump makes or made and are seeking answers. It was believed that Trump had avoided the IRS for years by not paying taxes.
Then a year later It was said that he did pay taxes for a number of years. However the statements made then didn’t seem to make a difference to Philip Hackney.
Hackney claimed that Trump may have given false information during his tax filings. He may be guilty of evading taxes due to “self-dealing.”
He felt that the IRS should go after Trump for such practices and one wonders if this is just another attack on Trump or was Hackney on to something?
In The Past
During the Presidential debate in 2016 Trump had refused at one time to answer the question regarding paying taxes. He then went on to say he does.
“I have a write-off. A lot of it is depreciation, which is a wonderful charge,” he said. “I love depreciation.”
Someone then brought what appeared to be tax return forms claiming Trump paid taxes after all.
Trump responded with a tweet which signaled that the person maliciously gained his information.
He tweeted “Does anybody really believe that a reporter, who nobody ever heard of, “went to his mailbox” and found my tax returns? @NBCNews FAKE NEWS!”
“As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his business to nonprofits, regardless of their purpose or legality,” Barbara Underwood said.
“The Government could anchor a tax evasion and false statement case upon the multiple instances of self-dealing, as cataloged by the New York attorney general, between Mr. Trump and the foundation,” Hackney wrote.
“The attorney general details occasions when Mr. Trump directed the foundation to acquire expensive things like paintings of himself for himself,” he added.
It was clear this matter referred to the suit against Trump and his family, one that he said he wouldn’t acknowledge.
“Each of these self-dealing transactions probably subjected Mr. Trump to a 10 percent tax applied to the value of the transaction. In addition, he may owe other excise taxes and penalties, “he added.
The argument made by Trump’s lawyers suggest a mistake but Hackney things it was willingly done.
“I do not believe these violations are within the norm of mistaken or accidental use,” he wrote. “It represents a continued willingness to violate basic charitable norms.”