Well, now that the audit’s over, there’s no reason he can’t share his tax fillings with the voters, right? (Such bogus excuse to begin with, the IRS already had the fillings, releasing them publicly wouldn’t have changed anything.)
He’ll just ask the Supreme Court to add Tax Evasion to the laws the President doesn’t need to follow. And when that drags on, he will publicly threaten IRS agents by name.
“Cost” implies that it is money he didn’t already owe. “IRS Audit of Trump Finds Former President Underpaid his Taxes by $100m” is a lot more accurate and frames the result correctly. He cheated the IRS and they want their money.
With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of “worthless,” because his debt on the project meant he would never see a profit.
Well he put his net worth and value on the record. He also did so with the IRS. And now it is a legal fact that he lied about the valuation, the IRS will have some questions.
He’s still got 4 1/2 months before he can sell any shares. That stock has been pretty inconsistent, and is completely unrepresentative of the social media company’s value. Who knows what he’ll actually have by then.
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