Former Watergate prosecutor Nick Ackerman has claimed that Donald Trump could face jail for his tax issues if he is not re-elected in November.
Leading lawyers say the
president and his daughter, Ivanka Trump, could face up to five years in prison
for "a whole series of activities that could qualify for tax evasion
rather than tax evasion."
Trump and his legal team have
vehemently denied the New York Times investigation's claims that the president
had not paid federal income tax in 10 of the last 15 years and the newspaper's
federal income tax in the last two years of the investigation. I just didn't
pay 50,750 in taxes. 62016 and 2017.
The Times has not released the
records obtained to protect its resources.
One of the findings of the
report was that Trump lost a lot of money on his golf courses, which helped
reduce his tax bill.
Trump dismissed the story as
"fake news," while his lawyer, Alan Garten, said the Times article
was "grossly flawed."
"Over the past decade,
the president has paid tens of millions of dollars in personal taxes to the
federal government," Garten said.
However, Ackerman, a partner
at law firm Dorsey & Whitney, who serves as a member of the Watergate
prosecution team investigating Richard Nixon, said the Times reported that
there was activity that led to criminal activity. There may be punishment.
Speaking to CNN host Erin
Burnett, Ackerman said: "Trump seems to have done a whole series of
activities that could qualify him for tax fraud instead of tax evasion. This is
a very important distinction. The New York Times headlined, "Avoid Trump's
Taxes," but there's a key difference between tax evasion.
"Tax evasion is only
taking the tax code and getting the maximum deductions you can get under the
code which is perfectly legal. Tax fraud, lying about your income. Yeah Al that
sounds pretty crap to me, Looks like BT aint for me either, Looks like BT aint
for me either.
"The most obvious thing
about the consultation fees is that some of the $ 747,622 that the New York
Times was able to contribute to the payments made to Trump's daughter, Ivanka,
has no valid reason. Since she left, she has had to pay a consultation fee. As
a Trump employee, she has already’ been paid.
"The only possible reason
for doing so was to somehow transfer the money so that Donald Trump would not
be taxed, but would only affect Ivanka Trump's tax returns, which may have
caused him some losses. In the end, the government gets zero dollars. "
Asked by Burnett if he thought
Trump could go to jail if he was not re-elected.
"There's no question
about it, and her daughter could go to jail. Tax evasion is a five-year crime.
It's a very serious crime and the more money is stolen, the more you go to
jail."
Michael Cohen, a former
presidential lawyer, echoed those claims, telling MSNBC's Joshua Johnson that
Trump "could actually be the first president to be jailed’ from the White
House, and I don't think he himself." is also."
Tim Murtaugh,
director of communications for the Trump 2020 campaign, told
Newsweek: "Trump's degeneration syndrome is real and Nick Ackerman is
showing all the signs. The New York Times story doesn't even accuse the
president of doing anything wrong. ۔ "
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