Trump Tax Records Reveal New Inconsistencies -- This Time for Trump Tower

[Julian English]

Source: Pro Publica

Donald Trump’s business reported conflicting information about a key metric to New York City property tax officials and a lender who arranged financing for his signature building, Trump Tower in Manhattan, according to tax and loan documents obtained by ProPublica. The findings add a third major Trump property to two for which ProPublica revealed similar discrepancies last month.

In the latest case, the occupancy rate of the Trump Tower’s commercial space was listed, over three consecutive years, as 11, 16 and 16 percentage points higher in filings to a lender than in reports to city tax officials, records show.

For example, as of December 2011 and June 2012, respectively, Trump’s business told the lender that 99% and 98.7% of the tower’s commercial space was occupied, according to a prospectus for the loan. The figures were taken from “borrower financials,” the prospectus stated.

In tax filings, however, Trump’s business said the building’s occupancy was 83% in January 2012 and the same a year later. The 16 percentage point gap between the loan and tax filings is a “very significant difference,” said Susan Mancuso, an attorney who specializes in New York property tax.

Read more: https://www.propublica.org/article/trump-inc-podcast-trump-tower-tax-records-reveal-new-inconsistencies

[Botany]

1. He is a crook

End of story.

[usaf-vet]

9. He is a crook who now has the combination to Fort Knox. Oh he also has the nuclear launch codes.

Enough already he NEEDS to go preferably to federal prison.

[Botany]

10. The mother fucker is having Air Force Planes go out of their way so they have to buy gas from ...

... a business connected to him and stay at his money losing golf course and resort in Scotland.

Impeach the bastard and let the Republicans in the Senate stand up with him in public.

[mountain grammy]

17. Yep

[olegramps]

19. The real question is: What in the hell are they going to do about?

[Roy Rolling]

2. Of Course

His biggest business was cheating the taxman. That’s how he could afford to sh*t in a gold toilet on 5th Avenue.

[Botany]

5. Money laundering for Russian & Ukrainian mobsters, running cons like Trump U, and not

paying contractors by declaring bankruptcies were also his businesses. All his real businesses
failed so Russia helped to back his Apprentice TV Show, where he pretended to be a billionaire
business genius for the rubes.


Oh I forgot running sham charities like the Trump Foundation or his son's children cancer charity
that never paid out any money to the sick kids or cancer research.

[Ilsa]

3. Lying to, or misrepresenting facts to a federally insured

financial institution is a felony, Donald.

[sop]

46. If you or I did it, we'd go to prison. Trump will blame his accountants.

If the next administration decides "for the good of the country, we must move on," allowing Trump to skate on all his crminality, I predict there will be rioting in the streets.

[wnylib]

4. Crooked Donnie -- a campaign moniker for 2020.

[HuskyOffset]

7. Not "Crooked Donny", "Criminal Donny" is more accurate (NT)

[wnylib]

14. You are right. More accurate, along with Traitor Donny.

[greymattermom]

51. Don the Con.

All is needed is to add the vict. No victory this time, just vict.

[Julian English]

11. I like the alliterative "Dishonest Don, the Demented One"

Make slant rhymes great again

[wnylib]

15. A good one.

[Zorro]

20. Destitute Donnie

That would drive him crazier.

[wnylib]

28. And may it become quite literally true.

[lagomorph777]

22. Mafia Don

[wnylib]

37. There are so many possible names for him that

it might be fun to have a thread devoted just to coming up with them.

Another thread to see what people come up with for what GOP stands for.

[DENVERPOPS]

42. How about this,

Fellow Prisoner's "Butt Buddy" Don???????????????

[safeinOhio]

24. But "crooked Hillary"

released 40 years of her tax returns. What is he hiding. Well his lawyers advised against it because he could go to jail.

[wnylib]

27. The "crooked Hillary" moniker is what I was thinking

of when I posted my "crooked Donny" suggestion.

But there are many possibilities for names since he offers us so many choices from his actions and words.

[wnylib]

36. Even a good system is vulnerable to manipulation.

After we get through this period, perhaps we should consider a few remedies. They will not be foolproof guarantees that another con or group of cons or foreign infiltrators won't look for loopholes in the system again. But they might close up the ones the traitor in chief has exposed.

Pass a law requiring the release of income tax returns for presidential candidates.

Another thst occurs to me would be more difficult because it involves the structure of the constitution itself and the balance of powers. Congress needs remedies with quicker, more effective results when the executive branch defies subpoenas.

As for SCOTUS, there is little we can do when they pull off an election move like they did in 2000. I am no constitutional expert, but AFAIK, the only remedy for SCOTUS is impeachment of an individual justice. What can we do when more than one goes rogue? Hard enough to impeach even one of them. Has.that ever been tried?

Holding up appointments to SCOTUS as Moscow Mitch did? We can pass a law to require Senate action within a reasonable time after a nomination is made. Make it illegal to hold up hearings for a change of administration.

But so much depends on good faith and tradition in our system. You cannot legislate that.

[SayItLoud]

6. He's gonna get himself and family pardoned on all Federal crimes.

Only states will be able to do him and his crime family any damage and I hope it's more than slap on the wrists fines.

NY may get him, Florida is corrupt (Pam Bondi for example), and will not do anything.

If we, ever get a new AG maybe the long arm of the law will really be long and hound these grifters to the ends of the earth.

[Maribelle]

8. Trump shows eels how to be even more slippery ...

giving meaning to "Slippery as a Trump".

They don't come more corrupt than Trump and His Gang of Republican Thugs.

[lagomorph777]

23. He's a Hagfish

%3Fwidth%3D534%26height%3D401%26fit%3Dcrop&f=1&nofb=1

[Maribelle]

25. Indeed

slimy and weird

[fleur-de-lisa]

12. Tax and bank fraud . . . way to go, republicans.

You selected the worst mobster in America.

[mr_lebowski]

29. To be fair, one of the two numbers MIGHT be accurate ... in theory (nt)

[ck4829]

13. K&R

[colsohlibgal]

16. Donnie Is Crooked Beyond Belief

How crooked are his tax returns, it has to be the only reason he is fighting desperately to keep them from inspection.

And he is increasingly crazy.

[Cha]

18. trump exposed.

[gibraltar72]

21. Cheats and lies about everything.

[True Blue American]

33. Amid the Supreme Court

Covers for him they are a big part of it. They have already put it on hold for 2 weeks.
Never mind the Court has already ruled twice on Nixon and Clinton.

[ck4829]

50. Yep

[Pachamama]

26. He is a crook and his time is running out

His crimes will be revealed and he pay for them

[Wounded Bear]

34. Tax fraud or business fraud, take your choice...

Either way, Trump is a crook.

[Doodley]

35. Give Trump a break! This is only a small lie/tax fraud by his standards?

[MissMillie]

38. I'm thinking of a quote from one of his debates w/ Secretary Clinton

"it makes me smart."

[stillcool]

39. I remember that...

very proud of his cheating prowess...kind of hard to believe that he's got the intellect for such creative accounting, or any accounting.

[Mr.Bill]

41. He doesn't.

People around him do. They must all be held accountable.

[ck4829]

49. God...

"When poor people cheat the system, they are criminals. When rich people cheat the system, they are just being smart and you are jealous of their innovations!" This mindset needs to be ridiculed constantly.

[Richard D]

40. SDNY?

Seems to be criminal. At least needing much further investigation.

[Mc Mike]

43. He's never done an honest thing in his long unhappy life.

He's always done all dishonest things, all his long unhappy life.

[ck4829]

48. True

[bucolic_frolic]

44. Hiding receipts from tax authorities

This was basically the substance of the Kefauver hearings on skimming money from LV casinos in the 1950s.

Who would ever think that a casino, where the odds favor the house permanently, could go bankrupt? Or really, how could it happen? Atlantic City casino went bankrupt? Amazing. How did they do it? By the 90s these businesses were far more regulated by the state.

Skimming.

Hiding occupancy rates from tax officials? Skimming.
Inflating occupancy rates for bank loan applications? Fraud.

It's one or the other.

[Joinfortmill]

45. Of course. He cheats at EVERYTHING.

[ck4829]

47. Kick