Meet The Shadowy Accountants Who Do Trump's Taxes And Help Him Seem Richer Than He Is
On May 12, after a six-week delay caused by the pandemic, the U.S. Supreme Court will hear arguments in the epic battle by congressional committees and New York prosecutors to pry loose eight years of President Donald Trumps tax returns.
Much about the case is without precedent. Oral arguments will be publicly broadcast on live audio. The nine justices and opposing lawyers will debate the issues remotely, from their offices and homes. And the central question is extraordinary: Is the president of the United States immune from congressional and even criminal investigation?
Next weeks arguments concern whether Trumps accounting firm, Mazars USA, must hand over his tax returns and other records to a House committee and the Manhattan district attorney, which have separately subpoenaed them. (There will also be arguments on congressional subpoenas to two of Trumps banks.) Trump, who promised while running for president to make his tax returns public, has sued to block the documents release. The questions apply beyond this case. Trump has repeatedly resisted congressional scrutiny, most recently by vowing to ignore oversight requirements included in the trillion-dollar pandemic-bailout legislation. Ill be the oversight, he declared.
The presidents accounting firm has found itself at the center of this high-stakes fight. The American arm of a global firm, Mazars has portrayed itself as an innocent bystander in the war between Trump and his pursuers, dragged into the conflict merely for possessing the trove of subpoenaed records. Its the firms first burst into the media glare apart from an unfortunate moment of tabloid coverage in 2016 after one of its New York partners stabbed his wife to death in the shower of their suburban home. (He pleaded guilty to manslaughter.) Mazars has said it will abide by whatever decision the court makes in the Trump matter.
https://www.dcreport.org/2020/05/06/meet-the-shadowy-accountants-who-do-trumps-taxes-and-help-him-seem-richer-than-he-is/
mahatmakanejeeves
(57,393 posts)underpants
(182,769 posts)Diving into Trumps personal finances, as Zachary did in the late 1980s, proved bewildering. Warned that his work for Trump was sure to face an audit, Zachary said he took special care to trace every asset, expense and receipt. When he finally finished, he was mystified. Zachary couldnt find evidence that Trump, in fact, possessed any cash beyond a recent payment in a casino deal.
I went to Jack Mitnick, and I said, Look, I must be missing something: Theres nothing here!
I thought for sure I screwed up. I thought for sure I missed something big.
Zachary recalled Mitnicks reply. He just laughed and went: Well, you just figured it out!
douglas9
(4,358 posts)By Peter Elkind, ProPublica, and Meg Cramer, WNYC, with Doris Burke, ProPublica
This story was originally published by ProPublica.
https://www.dcreport.org/2020/05/06/meet-the-shadowy-accountants-who-do-trumps-taxes-and-help-him-seem-richer-than-he-is/
mahatmakanejeeves
(57,393 posts)What I'm trying to figure out is, who is DC Report? Is it a part of Pro Publica? Is it a news aggregator?
I didn't mean to sound as if I were attacking you. It's DC Report that makes me wonder who they are.
Thanks.
mitch96
(13,891 posts)Ahhh bullshit. I'll believe it when I see it. tRump will probably claim "executive privilege" and block Mazars from turning over the paperwork. YMMV
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