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Records of all the salary they illegally converted into untaxed pay and what the washington post calls the accounting equivalent of a confession. this weekend donald trump also falsely claimed the prosecutors have never charged a company for tax fraud. think of how unfair it is. never before has new york city and their prosecutors or perhaps any prosecutors criminally charged a company or a person for fringe benefits. fringe benefits. murder is okay. human trafficking, no problem. but fringe benefits, you can t do that. this case isn t really about fringe benefits. in a new piece for just security a professor of taxation at new york university law school writes this is no mere fringe benefits case. it is a straight out fraud case. leading off our discussion this afternoon a former federal prosecutor and msnbc legal analyst. cynthia, the indictment says, quote, tuition expenses for ....
To wrap up the case. i think it will be clear they re going to continue investigating. to take your question directly, they re not the case of the century but important to prosecute. not true these aren t prosecuted. people are not declaring or withholding income tax in an intentional way to pay less income tax, it is important to prosecute, but not the main charges. untaxed fringe benefits, do you think that s going to get people like allen weisselberg who has been the cfo of the trump organization for years and years, do you think that kind of thing will get him to flip? no, i don t. not going to get him to flip. question is is it worthy of prosecuting. yes, it is. i agree with david, we don t know. ....
Positive and extremely welcomes jobs report, one that shows the kind of progress this president intends to keep driving on behalf of the american people. record job gains, multiples of the beginnings of any other presidential administration, so as long as you re willing to get back to that, i will answer your question. that s a quid pro quo, in case you didn t expect it. look, that s precisely what the minimum tax is intended to do. it s really a safety net against the kind of loopholes that have pervaded our tax code that have been so beneficial to those at the top. by the way, as you well know, this is an environment of extremely high corporate profitability, so you have this double problem of accumulating income at the top of the scale that s increasingly untaxed. solid minimum like this is very important. by the way, it s also critical to recognize there s no jettisoning of the tax plan in the jobs plan here, comprehensive tax reform, corporate side, individual side, ....
Shannon: so working on the definition of infrastructure as the deadline is now blown and continues to loom on this but also about how to pay for it. democrats say it makes sense to roll back cuts for corporate taxes. i tried to press the secretary on whether this will mean rolling back taxes on individuals. to the corporate point he said there are billions of dollars in corporate profits that are going untaxed. here s what senator dick durbin had to say about the plan. they don t want to touch the wealthiest and the big corporations who received a generous tax break under the trump tax plan. but they haven t come up with an alternative. i hope they ll join us in a responsible effort. shannon: are tax increases a redline for the gop, whether talking about corporate or individuals? tax cuts of 2017 led to the most booming economy that we had pre-pandemic. in west virginia, wages up, more diversity in the workforce, more people working. it was working in terms of spreading out the eco ....
Shannon: so working on the definition of infrastructure as the deadline is now blown and continues to loom on this but also about how to pay for it. democrats say it makes sense to roll back cuts for corporate taxes. i tried to press the secretary on whether this will mean rolling back taxes on individuals. to the corporate point he said there are billions of dollars in corporate profits that are going untaxed. here s what senator dick durbin had to say about the plan. they don t want to touch the wealthiest and the big corporations who received a generous tax break under the trump tax plan. but they haven t come up with an alternative. i hope they ll join us in a responsible effort. shannon: are tax increases a redline for the gop, whether talking about corporate or individuals? tax cuts of 2017 led to the most booming economy that we had pre-pandemic. in west virginia, wages up, more diversity in the workforce, more people working. it was working in terms of spreading out the eco ....