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Donald Trump Red Line Failing Despite Urgency To Keep Finances Opaque | Rachel Maddow | MSNBC

"Donald Trump Scrambles To Block Democrats From His Finances | The Beat With Ari Melber | MSNBC"

MSNBC
Published on May 7, 2019

Rachel Maddow shares details from a new blockbuster report from the New York Times about what Donald Trump's taxes show about the bleak state of his business affairs from the mid-1980s to the mid-1990s, and notes that Trump's best efforts to keep his finances secret are not likely to block every possible avenue of their release.

https://www.youtube.com/watch?v=rGiplxhEsCM

From video:

No Ordinary Audit: Donald Trump Is Facing The IRS 'Wealth Squad'
IRS Watch
Feb 28, 2016, 03:49am
Charles Rettig Subscriber
IRS Watch ontributor Group
Taxes
[...]
Would any experienced tax lawyer representing Trump in an IRS audit advise him to publicly release his tax returns during the audit? Absolutely not.
https://www.forbes.com/sites/irswatch/2016/02/28/no-ordinary-audit-donald-trump-is-facing-the-irs-wealth-squad/#1697d8f24d71

Guess who Trump picked as his I.R.S. Commissioner. Yep.

Second-in-charge at the IRS is the chief counsel. Trump was thinking ahead when he pushed his second hand-picked I.R.S. guy through too.

Trump Asked That Confirmation of I.R.S. Counsel Be a Priority

White House aides insisted for months that the confirmation of the nominee, Michael J. Desmond, a tax lawyer from Santa Barbara, Calif.,
was a top priority after passage of the tax bill in 2017. Andrew Harrer/Bloomberg
By Maggie Haberman and Nicholas Fandos
April 4, 2019
President Trump earlier this year asked Senator Mitch McConnell, the majority leader, to prioritize a confirmation vote for his nominee to be the chief counsel of the Internal Revenue Service, indicating that it was a higher priority than voting on the nomination of William P. Barr as attorney general, a person familiar with the conversation said.
https://www.nytimes.com/2019/04/04/us/politics/trump-michael-desmond-irs.html

Desmond wasn't a stranger to Trump.

IRS Counsel Nominee Briefly Advised Trump Organization on Taxes
By Zachary Mider
and Lynnley Browning
July 26, 2018, 1:15 AM GMT+10
https://www.bloomberg.com/news/articles/2018-07-25/irs-counsel-nominee-briefly-advised-trump-organization-on-taxes

Mentioned:

Posted in full by PegnVA here
Breaking 32m ago
TIMES INVESTIGATION
Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses
Newly obtained tax information reveals that from 1985 to 1994, Donald J. Trump’s businesses were in far bleaker condition than was previously known.
By RUSS BUETTNER and SUSANNE CRAIG
May 7, 2019
in reply to blackhawks' partial post of it here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148674247
.. first posted by Susie924 here ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148674138

I took a hunk out of Susie's in reply to hers here
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148677472 ..
while reading earlier to later, and didn't search the board first. LOL, 4 times. And deservedly so, too.

Also from the video:

Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
By DAVID BARSTOW, SUSANNE CRAIG and RUSS BUETTNER
Oct. 2, 2018
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html

Related:

IRS blows deadline to hand over Trump tax returns
[...]
Frustration is building within the House Democratic caucus. On Monday, Rep. Jared Huffman (D-Calif.) said House Democrats should consider impeaching Rettig. Though Neal's requests for the returns have gone directly to the IRS commissioner, Mnuchin has taken the lead on the issue, which Democrats say is a violation of normal procedure.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148591520

Congress deadline looms for release of Trump tax returns
[...]
Representative Richard Neal, Democratic chairman of the House of Representatives Ways and Means Committee, requested six years of Trump’s individual and business returns on April 3 and has set a final deadline of 5 p.m. EDT (2100 GMT) on Tuesday, informing IRS Commissioner Charles Rettig in a letter that failure to comply would be viewed as a denial.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148376699

Now we know why GS doesn't miss Mnuchin.
[...]
Mnuchin’s letter appeared to closely track the legal issues raised by Trump’s lawyers in a letter last week in response to the demand made by Ways and Committee Chairman Richard E. Neal (D-Mass.). Even though Neal addressed his letter to Internal Revenue Service Commissioner Charles Rettig, Mnuchin said he would personally oversee the review. The IRS is part of Treasury.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148155304

Christopher C. Cuomo Retweeted
Cuomo Prime Time
@CuomoPrimeTime
·36m
Democratic Rep. Lloyd Doggett says 10 years of President Trump's tax information raises the question: "How does someone who is such a big loser eventually get bailed out by a foreign bank? What other kind of money from abroad was floating in to keep him afloat?"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148676583

[Trump tax returns reveal over $1 bn in losses and that he paid no income taxes for eight years, report says]
https://www.independent.co.uk/news/world/americas/us-politics/trump-tax-returns-released-figures-business-losses-income-a8903946.html?utm_medium=Social&utm_source=Twitter&fbclid=IwAR1WBoQZmbfjYzETWxHvaZ-BfzLYjt4itmHor6Oq_X-HWqKAfwrUE0SjdCQ#Echobox=1557271870
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148675618

What evil force drives and protects Trump?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148675491

TRUMP HAD LOSSES OF $1.7 BILLION OVER A DECADE, NYT REPORTS
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148675106

[...]US: 500 ex-prosecutors say Trump should be charged with obstruction ...
https://www.dw.com/en/us-500-ex-prosecutors-say-trump-should.../a-48628700
16 hours ago - Over 500 ex-prosecutors had signed the letter posted by advocacy group Protect ... US Attorney General William Barr has refused to release the .
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148664286

Donny Deutsch Predicts Trump’s House Of Cards Will Collapse Once Mueller Testifies
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148656197


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148502880


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148589996


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148382413


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148397397


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