Friday, October 19, 2018

Trump's Tax Fraud Is Electoral Fraud-A View From The Left

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Donald Trump campaigned for office on a series of lies.While he had no political accomplishments, he claimed great business success. This was fundamentally false.

Trump engaged in extensive tax fraud which served as the basis for his dramatic misrepresentation to the public of his accomplishments. According to evidence made public by the New York Times and not countered by President Trump, he and his siblings committed numerous felonies in the course of obtaining wealth from their father while paying approximately 5% rather than the 55% in taxes that the law required.

The past crimes are impeachable. Click here to tell your member of the House of Representatives.

Trump and his siblings committed fraud, in part, by undervaluing properties, a crime known as appraisal fraud. Donald Trump and his siblings claimed that properties given them by their father were worth $41.4 million, but sold those properties for over 16 times that amount during the next decade. They did this during the Savings and Loan Scandal which saw numerous individuals sent to prison for similar crimes.

It's too late for criminal prosecution, though not for civil suits, and not for an impeachment investigation with the power of subpoena. Refusing to hand over tax forms or any other relevant evidence to an impeachment investigation creates a new impeachable offense. As Richard Nixon found out.

Click here to email Congress now.

Trump and his siblings also massively overcharged their father's companies for largely nonexistent services in order to both obtain his wealth and reduce his profits. The reduction in profits allowed Trump's father to increase the rent he charged people for publicly subsidized, rent-controlled properties.

Through these and other fraudulent activities, Donald Trump was made wealthy by the transfer of money from his father. In the analysis of one expert, if Trump had simply invested that money in a simple investment fund, he would now have the $10 billion he falsely claimed to have as a candidate for president. In reality, Trump lost a fortune through business failures.

As a candidate, however, by lying about his wealth and the origins of his wealth, Donald Trump misled voters to believe him a highly successful business man. Trump falsely claimed to have received only $1 million from his father which he had been required to pay back. This and much of his campaign was false. Trump's tax fraud laid the basis for his electoral fraud. He was elected based on false advertising hiding criminal activities.

A means of undoing such mistakes was thought of and created by the drafters of the U.S. Constitution.

Impeach Trump!

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-- The RootsAction.org Team

P.S. RootsAction is an independent online force endorsed by Jim Hightower, Barbara Ehrenreich, Cornel West, Daniel Ellsberg, Glenn Greenwald, Naomi Klein, Bill Fletcher Jr., Laura Flanders, former U.S. Senator James Abourezk, Frances Fox Piven, Lila Garrett, Phil Donahue, Sonali Kolhatkar, and many others.

Background:
>>  New York Times: Trump Engaged in Suspect Tax Schemes
>>  Bill Black on TheRealNews.com 
>>  RootsAction: Draft Articles of Impeachment
>>  RootsAction: Impeachment Strategy
>>  RootsAction: Impeachment FAQ
>>  RootsAction.org Impeachment Campaign

 
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