As if the Trump’s entire family history with the IRS, paying taxes, and being generally good citizens wasn’t dubious enough…
Just Posted: Maryanne Trump Barry, President Trump’s older sister, faced accusations of judicial misconduct over her role in the fraudulent tax schemes reported by The Times. She decided to retire, making her immune from misconduct proceedings. https://t.co/VKBBA8Vy1T
— Susanne Craig (@susannecraig) April 10, 2019
President Trump’s older sister, Maryanne Trump Barry, has retired as a federal appellate judge, ending an investigation into whether she violated judicial conduct rules by participating in fraudulent tax schemes with her siblings.
The court inquiry stemmed from complaints filed last October, after an investigation by The New York Times found that the Trumps had engaged in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the inherited wealth of Mr. Trump and his siblings. Judge Barry not only benefited financially from most of those tax schemes, The Times found; she was also in a position to influence the actions taken by her family….
Among many interesting aspects to this story, Ms Craig reminds from her earlier story on the subject last fall:
Judge Barry had been a co-owner of a shell company — All County Building Supply & Maintenance — created by the family to siphon cash from their father’s empire by marking up purchases already made by his employees, The Times investigation found. Judge Barry, her siblings and a cousin split the markup, free of gift and estate taxes, which at the time were levied at a much higher rate than income taxes.
On a financial disclosure form filed in 1999, Judge Barry noted that her share of the All County profits for the previous 17 months totaled just over $1 million….
Note: She did this to avoid any misconduct findings and preserve her full pension: “… between $184,500 and $217,600”. Criminal investigations by the state may continue.
Recall also: reporter Susanne Craig is the very same NYTimes reporter who had Trump’s 1995 tax summaries anonymously delivered to her on the eve of the 2016 presidential election- Those returns are the ones which allowed accountants to deduce that by claiming a nearly one billion dollar loss for that year, he would have been able to avoid paying taxes for the next 18 years!!! Isn’t this family just the greatest? ….
Anyways…. anyone seen Mnuchin and the IRS commish Rettig?
I can’t even….