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Halls of Shrewd'm / US Policy
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Author: weatherman   😊 😞
Number: of 48481 
Subject: Re: Trump, a tax cheat? I'm shocked!
Date: 05/12/2024 9:53 AM
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No. of Recommendations: 3
obfuscation for delays, and effectively permanent deferrals of justice is not just a legal tactic for the trump clan.
it's a business strategy, a family credo, a way of life.

from the NYT article :
["That the I.R.S. did not initiate an audit of the 2008 worthlessness deduction puzzled the experts in partnership taxation. Many assumed the understaffed I.R.S. simply had not realized what Mr. Trump had done until the deadline to investigate it had passed.
“I think the government recognized that they screwed up,” and then audited the merger transaction to make up for it, Mr. Jackel said.
The agency’s difficulty in keeping up with Mr. Trump’s maneuvers, experts said, showed that this gray area of tax law was too easy to exploit.]
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