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And that’s just the up-front illegality. This would Good Tis The Season For Baking Cookies Christmas Shirt result in a shit load of back taxes for the Trump company. No criminal charges if that was standalone. Many companies try to pass off W-2 employees as independent contractors, which is a grey area. I was already an employee – which means she can’t receive a 1099-MISC for services performed as an independent contractor in addition to her (W-2) salary. If these “contracting fees” were payments to family and friends for the purpose of tax avoidance and can be proven – this goes far beyond the business entity level – this would lead to indictments on serious tax fraud charges.
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Bernie faced 40 years alone for his tax fraud charges (a lot more for others). It’s not unreasonable to say that if any of what I’m speculating is proven Trump could face Good Tis The Season For Baking Cookies Christmas Shirts the rest of his life in prison. I would probably face jail time as well. Bill Clinton claimed $6.00 for every pair of used underwear he donated to charity back when he was governor of Arkansas. This was entirely legal under the existing tax laws. Any and every rich person, especially if they hire a tax accountant, takes advantage of every chance they can find to reduce their tax burden. Sometimes there is some “creative accounting” going on, but the IRS most always detects it in the end.
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