weisselberg s family members were paid by personal checks drawn on the account of and signed by donald j. trump. cynthia, does that suggest to you that trump knew and took part in the crimes alleged in this indictment? yes, it does, and i completely agree this is a fraud case. there s been a lot of trump family, almost trial balloons on what the defense might be, sort after who cares defense. i think they will find people do care. people do care when you keep a second set of books. people do care when you refuse to pay your city taxes. people do care when you basically get cash under the table and don t report it. he was getting that $30,000 a year in basically a bundle of cash. people do care. if it is as you suggest, what do you think trump s legal exposure is here? i think this is an opening salvo. ordinarily or quite often new york state indictments are not as detailed as this.
and no, now that i m looking at jail time i m going to help prosecutors. what s one question. what s donald trump s legal jeopardy. really the case is much more serious than it had been portrayed prior to its unveiling. there was this attempt to spin by the president and others, this is just corporate perks. little bookkeeping slight of hand. no. what we saw yesterday in the indictment was, this is a massive serious tax fraud case, in which the company was apparently keeping essentially separate books. these are not perks getting paid and taxes not appropriately paid. this is millions of dollars of compensation in a large scale organization wide scheme to evade federal taxes, state taxes and city taxes. so the case itself is much more serious, it s raised a lot of questions. if allen weisselberg was keeping a separate set of books for allen weisselberg is it possible that he wasn t keeping a separate set of books for donald
as victims in this scheme. that s proper, for example, social security and disability and things like that. this is a very interesting and appropriate use of the scheme of fraud and grand larceny laws to specifically charge in state court that the irs is ripped off. it is an interesting way to do it. it has the effect of upping significantly the am of tax laws. we are talking about new york state s taxes, we talked about last week. maybe $100,000 in the indictment. you add to that, $500,000 plus federal tax alleged to be evaded and he evaded another $200,000 new york s city taxes allegedly. that brings the total tax up to $900,000. that looks like a pretty significant fraud case.
City of Walker set to lose millions in city income tax
FOX 17
and last updated 2021-03-11 05:54:40-05
WALKER, Mich. â The
City of WalkerMayor Garey Carey Jr. says the city s income tax loss won t be as great as
, but it will still be significant.
The city s general fund budget has about $18 million in it, and they re on track to lose $1.5 - $2.5 million. It s like you know you re going to get punched in the arm, says Mayor Carey. You don t know how hard it might be or how soft, but you know you re going to get punched.
The loss is coming because workers who usually commute downtown to work but instead worked from home in 2020 don t have to pay city income tax.
some 96 days and his property at mar-a-lago which compares to 20 days at trump tower in new york and then 90 days at his golf club in bedminster, new jersey. he hasn t been spending a lot of time at at trump tower but taxes can also be a big issue as well. combined state and city taxes because you pay city taxes in new york are 13%. that compares to a florida state income tax of zero. and there was a big difference as well in taxation when the president eventually leases his portion to his heirs. above $10.1 million and you spend 16%, and chris edwards assures that the move is surprising but it is part of a growing trend. 600,000 americans move from the 25th highest taxed to the