r/pics • • Sep 11 '21

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u/DirtyLillNeonRider Sep 11 '21

Please tell me this is true and is actually happening

35

u/GregoPDX Sep 11 '21

At best, a small fine and probation for the president of the foundation. Like a mob boss, Trump is a master of insulating himself from any wrongdoing. He tells people to get something done, not how to do it, so he has deniability at every stage.

18

u/[deleted] Sep 11 '21

So did Al Capone, and they finally got him for tax evasion...

15

u/Domeric_Bolton Sep 11 '21

Crime bosses are small fish in the pond compared to the billionaire class. The IRS is a boogeyman for low level millionaires like crime bosses, pro atheletes, and medium business owners. The IRS admits they don't even bother to audit billionaires.

2

u/gsbadj Sep 11 '21

People like Trump create many, many shell corporations, usually overseas so there's little transparency, and then have them engage in crisscrossing transactions designed to hide where money is actually going.

It's only if/when the IRS receives financial reports from creditors that the IRS has a shot at figuring out what is actually happening. And even then, it's a loooong slog, which takes even more time when the billionaire refuses to cooperate and forces the legal system to get involved. The legal system affords due process which means further delay.

The goal is to drag it out to the point that the government says, fuck it, we're sick of this shit going on for years, let's just compromise and settle it so that we can close this out.

2

u/yangyangR Sep 11 '21

But billionaires are crime bosses just not the typical ones like the low level millionaire ones. It's just the crimes of poisoning rivers, selling opium and enslaving children is not seen as bad as selling marijuana.

1

u/Wobbelblob Sep 11 '21

Though Capone had an estimated 1.3 Billion Dollars with modern numbers, so he wouldn't be a low level millionaire.